COVID-19 has led to the rapid digitalization of the financial services industry, but more needs to be done to make the sector sustainable, says Dr....
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Metinvest to sign $ 1bn contract for construction of a workshop in Mariupol this week - CEO
The new cold-rolling shop will be built at the Ilyich metallurgical plant and will be one of the first steps of the Dutch mining and metallurgical...
ArcelorMittal Kryvyi Rih paid more taxes in five months than the annual budget of the Odessa region
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Presidential "Big Construction" can reach the railways of Ukraine
The Ministry of Infrastructure of Ukraine is preparing policy documents to expand the Big Construction program to the railway sector....
Dneprovsk Metallurgical Plant specialists achieved record serial production of continuous casting machine
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Police catch homeless people ahead of G7 Summit in Cornwall - Euronews
Before the G7 summit, British Cornwall was flooded with secret agents from different countries and a whole army of police officers. The local...
Novokramatorsk Machine-Building Plant shipped more than 1.5 thousand tons of rolling rolls in May
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Ukrainian metallurgists began to actively use hedging of currency risks
Metallurgical company Centravis was the first to involve foreign exchange forwards from Ukreximbank in strategic planning....
World Bank will give Ukraine $ 211 million for giant batteries for hydroelectric power plants
Batteries will provide an additional reserve for maintaining the frequency and expand the regulating range of the automatic reserve for frequency...
The largest metallurgical company in Austria predicts profit growth of at least 1.5 times
voestalpine expects the global economy as a whole to continue its upward trajectory, at least until the end of calendar 2021. In addition, the...
The EU supervisor will decide by July 9 to sell the assets of Liberty Steel France to ArcelorMittal
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Ukrzaliznytsia plans to sell about 2 thousand tons of non-ferrous scrap
Ukrzaliznytsia announced open auctions for the sale of almost 2 thousand tons of non-ferrous metal and alloy scrap...
Ukrainian auto industry has increased the production of vehicles by eight times
There is a significant increase in the production of new cars in Ukraine, with the exception of commercial vehicles....
Minsk Motor Plant launched a new engine into serial production
For motors of this line, great opportunities open up in terms of re-equipment of used equipment....
Sharp price growth continues in the rolled metal market - Ukrpromvneshexpertiza
The regional flat steel markets in the USA, EU and Turkey have a fairly high seasonal demand for products, which, together with the high cost of raw...
Interpipe delivered locomotive wheels to Mauritania
The trains in Mauritania are among the longest and heaviest in the world, so two to four locomotives are usually used at the head of the train....
Rosatom has prepared a plan for the development of new nuclear technologies until 2030 for 500 billion rubles
The state corporation wants to launch a line of small nuclear power plants (up to 55 MW), hoping to end up with 20% of such projects worldwide....
Belgium will provide a loan to Liberty Steel only for it to sell its plant and leave the country
On May 11, 2021, by a Belgian court decision, Liberty Steel received temporary protection from creditors for its Liberty Liege-Dudelange division,...
Russia can produce 3.5 million tons of hydrogen per year with a global market of 25 million tons - experts of the Aluminum Association
Leading industry experts in the field of hydrogen energy, representatives of competence centers, government authorities and the technological...
Bosch opens new chip factory in Dresden six months ahead of schedule
The billion-dollar investment will help Bosch overcome the bottleneck in the automotive industry....
Ukrainian manufacturer Centravis starts supplying stainless pipes for European motorcycles
Nikopol Stainless Pipes Plant will produce 3,300 meters of pipes for the exhaust systems of premium motorcycles and high-performance vehicles....
At a metallurgical plant in Dnipro, for the first time in Ukraine, they began to "collect" reactive electricity
Dnipro Metallurgical Plant, in cooperation with YASNO, launched the first in Ukraine energy service project for reactive power compensation....
German industry showed unexpectedly weak results in April
Statisticians in Germany recorded a decrease in the monthly index of orders in the industry at the level of 0.2 percent. Economists attribute this...
Singapore chipmaker warns of global chip shortage until 2023
Singapore's Flex, the world's third largest chipmaker, has warned of a global chip shortage until the end of 2022....
