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Asia's largest oil and gas company Sinopec to become largest hydrogen producer

China Petroleum & Chemical Corp plans to spend 30 billion yuan ($ 4.6 billion) on hydrogen energy to become the world's largest hydrogen...

Freight train on China-Europe routes leaves for Belarus from China's free trade zone

International logistics is highly sought after by exporters in the Hunan Free Trade Zone, according to Zoomlion, a Chinese engineering company based...

Zaporozhtransformator has developed new transformers specially for Ukrenergo

In new autotransformers, no-load losses are almost a quarter lower than in a conventional autotransformer, short-circuit losses on the low-voltage...

Scrap collectors in Ukraine are expecting an increase in world prices for scrap in September

After some downturn, global scrap prices are expected to rise again due to depletion of inventories from major importers....

China will sell another 150 thousand tons of non-ferrous metals from the state reserve

This is the third batch of metals that Beijing is selling on the free market to reduce inflation on commodities....

Rinat Akhmetov's energy holding began purchasing coal from Poland, Kazakhstan and the USA

DTEK Energy has already received the first shipment of fossil fuels from Poland and is awaiting coal supplies from the United States and Kazakhstan...

Rise in European steel prices to dizzying levels finally fizzled out - Bloomberg

However, new records are awaiting on the US steel market, which is facilitated by tariffs on imported metal products, which President Joe Biden is...

Siemens has stopped selling wind turbines in China, stating that the company is not interested in this market

The company will continue to manufacture wind turbines in Tianjin, China, but only for export to other markets in the region, including Japan. The...

Lakshmi Mittal congratulated ArcelorMittal Temirtau employees on Miner's Day

ArcelorMittal Temirtau JSC - and the Karaganda region as a whole - has a long and proud mining history dating back to 1857, when the first mine was...

Three workers were killed in an accident at the Taiwanese Formosa steel mill in Ha Tinh, Vietnam. City officials said gas poisoning was a possible cause of death. They added that as a result of the accident, two workers

Employees of Bum Han Industrial Company were performing repairs at the Hung Nghiep Formosa Ha Tinh Steel Company when the carbon monoxide was...

Hyundai and Kia cut car production at US factories again

AutoForecast Solutions raised its estimate of North American auto production cut due to chip shortages to more than 2 million units....

An investment project worth $ 50 million is completed at the Ingulets mining and processing plant

After the launch of the complex of ore cyclic-flow technology, InGOK plans to use it to transport about 40 thousand tons of ore per day. The...

Ukraine will buy 90 Swiss Stadler trains for a loan from Switzerland

For the first time in history, export financing from Switzerland is attracted at the state level, which will be directed to the development of...

Ukrzaliznytsia plans to purchase Swiss trains Stadler FLIRT by the end of 2022

Ukrainian railroad workers have started test operation of the Stadler FLIRT train manufactured by the Swiss company Stadler Rail AG for launching on...

China has created a cross-border financial blockchain platform for servicing China-Europe rail freight

The platform aims to improve the ability of banks to prevent and control credit risks, develop more credit products and reduce financial costs for...

European Commission gives Germany 2.25 billion euros in financial assistance

This is the first payment under the program totaling 25.6 billion euros, which will be used to decarbonize the German economy, digitalize public...

US Hot Rolled Coil Price To Exceed $ 2,000 - MEPS

An improved chip supply situation will lead to a significant increase in production at auto plants, which are the main consumer of hot rolled steel...

Ukraine will not participate in the investigation of the Customs Union on the supply of ferroalloys

Ferroalloy plants of Ukraine currently do not supply ferrosilicomanganese to the countries of the Customs Union, the Association of Ferroalloy...

Severstal delivers large diameter pipes to Greece for the first time

The supply of large-diameter pipes to the Izhora Pipe Plant, located at the production site in the Kolpinsky District of St. Petersburg, was carried...

Dneprovsky metallurgical plant of Alexander Yaroslavsky received the Moldavian certificate of conformity

A supervisory audit of quality and environmental management systems passed at DMZ. The enterprise was visited by representatives of the TMS company,...

Russia has allocated over a billion rubles for the development of the production of freight transport

This decision was made by the Prime Minister of the Russian Federation Mikhail Mishustin after a working trip to the company's plant in Naberezhnye...

Uralvagonzavod began to produce a covered wagon with sliding doors

The novelty can be seen at the International Railway Show of the 1520 PRO space //Dvizhenie.Expo....

Novokramatorsk Machine-Building Plant will supply a modernized crusher to Poltava GOK

The new equipment is 55% more efficient than the standard product while maintaining the same overall dimensions, which will allow replacing the old...

Microprocessor shortage will reduce global car production by 9 million units

In today's automotive industry, computer chips are used in everything from starting and braking systems to driver assistance systems and multimedia....

International Monetary Fund transferred over $ 2.7 billion to Ukraine - NBU

The decision on the distribution of these funds will be made in accordance with the current legislation, the Cabinet of Ministers of Ukraine said....

The first cars ordered by Ukrzaliznytsia at the Kryukovsky Carriage Works will be shown in Kiev

The production of 100 passenger cars by the Kryukov Carriage Works is under the control of the Minister of Infrastructure of Ukraine Oleksandr...

Ukraine and Great Britain moved to the practical implementation of the maritime partnership project

The project provides for the joint design and construction of warships in Ukraine and the UK, as well as the construction of the infrastructure of...

Metinvest Group completed the reconstruction of the right side of the city pier in Mariupol

Now Mariupol residents have another location where you can relax with loved ones or arrange a romantic date, organize a photo session or just feed...

Gas production division of Naftogaz of Ukraine will purchase more than 3 thousand tons of steel pipes

This is already the second large purchase of JSC Ukrgasvydobuvannya, which in June purchased 4,453 tons of seamless steel pipes in stock for a total...

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