nuGen TM Zero Emission Haulage Solution is a premium hydrogen powered mining truck. This is an ambitious project, in which for the first time a truck...
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Former Deputy Director of the State Development Bank of China charged with bribery
He Xingxiang was accused of using his positions to promote benefits for enterprises and third parties, for which he received huge sums of money and...
Brazilian steel demand to grow by 2-4% in 2022 - Gerdau
Gerdau Chief Executive Officer Gustavo Werneck said the premium with which domestic materials are sold in the country compared to imports has become...
Exports of thermal coal from the United States reached an annual maximum in March
U.S. coal prices averaged $508.91/tonne in March, up 40% from the previous month and up 246.5% from last year....
Vitkovice Steel stops steel production due to anti-Russian sanctions
The Ostravka Metallurgical Plant was unable to receive Russian slabs shipped to it by sea on Russian ships that fell under European sanctions, and...
UK imposes sanctions against Russian steel producer Evraz
The metallurgical company of Roman Abramovich came under British sanctions due to being the main producer of rails and railway wheels in Russia....
EU steel consumption could fall by almost 2% in 2022 - Eurofer
Steel consumption in Europe rose sharply in 2021 by 15.2% after a deep 10.7% decline in 2020 caused by the pandemic....
Ukraine in March lost about 70% of foreign exchange earnings from the export of rolled metal
According to the customs service, exports of ferrous metals from Ukraine in March amounted to $1.16 billion, while imports - $92.7 million....
More than 70% of Shanghai's leading enterprises have resumed work and production
The reopening rate among the first batch of more than 660 leading industrial enterprises exceeded 90%....
BELAZ is testing the positioning system of a new electric dump truck under the contact network
Instead of an engine, the company plans to use storage devices based on batteries or capacitors in diesel trolley cars, which will allow creating a...
Elon Musk challenges billionaires
Companies funding groups of politicians attack his purchase on Twitter...
Dneprovsky metallurgical plant "Kametstal" works with 100% capacity utilization
The plant in Kamenskoye is fully provided with orders and operates with a full load of metallurgical capacities. However, in the coming days, he...
Hydrogen to be 'key element' of future EU economy - EU climate chief
The European Commission proposes a long-term partnership that will start with LNG supplies and end in a hydrogen economy....
Grain harvest in Ukraine in 2022 will be reduced by 34% - forecast from Alfa-Bank Ukraine
Estimation of the future harvest is based on calculations of the sown area in the zone of occupation or active hostilities, as well as the current...
Ukraine and Great Britain signed an agreement on the abolition of import duties and tariff quotas
The Ministry of Economy of Ukraine notes that this will not only contribute to the development of Ukrainian production, but also increase the inflow...
US steel market sentiment becomes more price neutral
Most of the respondents surveyed by Platts attributed the stability of U.S. steel prices to declining scrap prices, but Russia's incursion into...
UK faces sharp rise in steel and timber prices in March
Prices for wood and metals have soared again after several months of gradual decline after the Russian invasion of Ukraine....
ArcelorMittal predicts fall in global steel demand due to war in Ukraine
A bleaker outlook for steel consumption came after the International Monetary Fund cut its global growth forecast last month....
Metinvest to mothball Europe's largest coking plant due to shelling
The Avdiivka Coke Plant has been shelled for several weeks in a row and will now be completely shut down. In Avdiivka itself, there has been no water...
Eurozone Industrial Producer Prices Up 5.3% In March
Among Member States for which data are available, the largest monthly increases in industrial producer prices were recorded in Ireland (+36.1%),...
BMZ supported the environmental project Zinkum of USM Holding
Project Zincum is an environmentally friendly dust recycling based on the zero-waste production principle....
Created a prototype car battery capable of charging 60% in 6 minutes
Organizing the structure of the battery cathode through a series of heating and cooling increases the efficiency of the positive battery electrode by...
EU intends to impose sanctions against Moscow Credit Bank and Rosselkhozbank
The European Commission proposes to exclude Moscow Credit Bank and Rosselkhozbank from the SWIFT international payment system...
Kharkiv thermal power plants began to stop due to high gas prices
Kharkiv CHPP-5 has suspended the production of electricity and heat due to the high price of gas....
The global high-strength steel market will grow steadily by 5% annually for the next 5 years
The main growth driver for the high-strength and wear-resistant steel market will be the global mining industry....
The assets of the largest metallurgical company in the Czech Republic are blocked under anti-Russian sanctions
Frozen assets in the Czech Republic may be confiscated in favor of the state if the connection of the owners of Vítkovice Steel with the Russian bank...
EU ministers urgently discussed the suspension of gas supplies from Russia
Any EU member state can become the next state after Bulgaria and Poland, where Russian gas supplies will be suspended if they refuse to pay for it in...
Procurement of scrap metal in Ukraine decreased by half
The supply of scrap metal to metallurgical enterprises of Ukraine in January-April 2022 decreased by 47.1% compared to January-April 2021, to 583.5...
YuGOK reduced the output of iron ore concentrate by 24%
According to the company's official information, YuGOK produced 316.9 thousand tons of iron ore concentrate in April, and 411 thousand tons in...
Dollar climbs to 20-year high against euro
Investors expect the Fed to raise rates by 50 basis points at meetings on Tuesday and Wednesday...
