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Emergency financial assistance to Ukraine will be provided on "very favorable terms" - European Commission

The European Commission has also decided to significantly increase the bilateral assistance it provides to Ukraine in the form of grants in 2022....

Ukrzaliznytsia received a new batch of passenger cars from Kremenchug

Simultaneously with the delivery of products, representatives of UZ and specialists of the plant discussed the features of cars adapted for the...

China lays out ambitious space plans for next 5 years

Chinese space station in Earth orbit to be completed by the end of 2022...

WGC: Gold demand up 10% in 2021

Despite a sharp increase in purchases (+118%) of gold in the fourth quarter, the final result of 2021 was a decrease in investment interest in the...

The all-electric 2022 Kia EV6 is here

With a best-in-class balance of performance, features and range, Kia's first purpose-built electric vehicle is arguably the best vehicle the...

Jaguar Land Rover loses £9m due to chip shortage

The British automaker has warned that it expects chip shortages to continue throughout this year, but expects supplies to gradually improve....

Lithuania has stopped the transit of Belarusian potassium from February 1

The state company "Lithuanian Railways" today rejected all applications for the transit of potassium from Belarusian companies. Belarus...

ThyssenKrupp sold its stainless steel business to an Italian company

The German industrial giant continues to restructure its business....

India's largest iron ore producer raised prices for the first time since last May

State-owned mining company NMDC raised iron ore prices for the first time since May last year due to higher demand for steel....

Reduced supply will lead to higher steel prices

Major steelmakers in Asia and China are also cutting production...

Elon Musk's Tesla lost $109 billion in one day amid weak forecasts for 2022.

Musk says Tesla won't bring new electric vehicles to market in 2022...

Japan reduced the export of scrap metal by 22%

The decline in Japanese scrap metal exports in 2021 is due to strong domestic demand from steelmakers in electric arc furnaces, which sought to make...

Metinvest's Ingulets GOK to cut emissions by 60%

As part of the Comprehensive Environmental Impact Reduction Program, Inguletsky GOK plans to implement 72 measures, which will reduce emissions by...

Metallurgists of Russia overtook oil and gas workers in terms of income of top managers

Semyon Slepakov should think about a new song: the income of the directors of the largest Russian metallurgical companies exceeded several times the...

One of China's largest coal producers sees 28% profit growth for 2021

Growing sales of coal, as well as higher prices for coal and polyolefins, led to an increase in profits for China Shenhua Energy Company Limited....

North Korea successfully tests Hwaseong-12 long-range ballistic missile

The Hwaseong-12 medium and long-range surface-to-surface ballistic missile of the Hwaseong-12 type was tested and tested, which caused a reaction...

Iron ore prices rise on Australian supply concerns

Experts also expect record Chinese iron ore imports in January...

China claims to host the most environmentally friendly Olympic Games

So why did China build a ski resort in the middle of a nature reserve?...

UK announces confiscation of London property of Russian oligarchs

Russian oligarchs have been warned of a possible confiscation of London property by new sanctions being prepared by the UK government next week....

Nearly 50 steel industry leaders jailed in China

Steel company officials found guilty of falsifying air pollution data...

Nissan plans to produce a retro-styled electric Micra EV

This all-new model will be designed by Nissan, designed and built by Renault...

Elon Musk explains why 'Tesla isn't working on a $25,000 car'

If you're expecting a super-cheap new Tesla, you're out of luck...

China develops civil aviation green development program

According to the program, by 2035 the system of green and low-carbon development of civil aviation will be optimized in the country and carbon...

A steel bridge collapsed in Pittsburgh, miraculously no one died

The infrastructure in the United States is in a rather dilapidated state. President Biden insists on an urgent allocation of at least a trillion...

Chinese company develops cruise missile for suborbital tourism

Chinese spaceplane company aims for crewed flights by 2025...

In Europe, steel prices began to rise again due to a sharp rise in prices for raw materials and energy carriers

The expected stabilization of prices and seasonal decline did not happen against the backdrop of rapidly rising prices for iron ore and energy prices....

Metallurgical plant Zaporizhstal began to produce seven new types of coiled steel

In 2021, the Zaporizhstal plant of the Metinvest Group mastered the production of seven new types of hot-rolled and cold-rolled coils for key foreign...

Leakage of industrial water at the ArcelorMittal Kryvyi Rih tailing dump was estimated at UAH 300,000

In contaminated agricultural soils, an increased content of chlorides and sulfates, that is, specific substances contained in tailings waste, was...

Demand for copper for electric vehicles will grow many times over in the coming years

New copper production capacity should be brought online within the next 5-7 years to avoid shortages...

SpaceX signs a contract with the US Air Force to deliver cargo using a rocket

This is the largest contract of its kind ever awarded for the supply of military supplies and humanitarian aid...

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