China Steel Corp. stated that it is closely following the offers of hot-rolled products from Russia and is ready to take steps "against unfair...
Russia
The launch of exchange trading in metals in the Russian Federation may take place before September 1
It is planned to start exchange trading at the St. Petersburg International Commodity and Raw Materials Exchange with building rolled metal: bars and...
According to the results of 2022, the Russian car market expects a decrease in sales at the level of 28%
But as early as next year, it may begin to recover, and by 2024, in physical terms, it will exceed the pre-crisis 2021 figures due to an increase in...
The United States refused to impose duties on Russian metals and increase tariffs on iron imports
Earlier, within the framework of depriving Russia of the “greatest assistance” status, the United States announced an increase in duty rates on more...
AvtoVAZ plans to produce at least 400,000 vehicles in 2023
Today, the AvtoVAZ plant in Togliatti is partially idle: of the three lines of a single car assembly plant, only the line for assembling simplified...
Australian TIG approved coal mining at the Chukchi Zvonkoye field
The company expects to bring the new open pit to its design capacity in 2023, which will significantly increase the volume of coal production. In...
The activities of the machine-building holding KONE in Russia will be terminated
KONE Corporation, the world leader in the production of elevators and escalators, has decided to leave the Russian market....
Alisher Usmanov's Metalloinvest postponed the expansion of rebar production in the UAE
According to a company representative, it was decided to postpone the expansion of the plant not because of Western sanctions, but because there was...
The German government may confiscate the German part of Nord Stream 2
Nord Stream 2 has a distribution network with compressors and lines capable of transporting gas directly to southern Germany....
Steel production in Russia will fall by at least 15% - the opinion of market participants
International sanctions applied against Russia in general and directly against some steel producers have greatly affected their positions in the...
AVTOVAZ resumed car production
The AVTOVAZ conveyor was stopped for several days due to lack of components....
TMK will develop the production of special steels
TMK has one of the most modern production facilities in the world and a wide product portfolio, which creates the basis for a constructive dialogue...
The United States imposed sanctions against the chairman of Severstal Alexei Mordashov
Almost immediately after the announcement of the sanctions, Severstal was disconnected from American software, including the software necessary for...
Rusal filed a claim for a 20% refund in the Queensland Alumina alumina refinery of the Rio Tinto concern
Rusal's lawyers believe that the Australian mining concern violated its obligations, and the personal sanctions imposed against the founder of...
Russian lead production plants are on the verge of closing due to a complete halt in exports
Europe turned out to be inaccessible due to sanctions, and it is impossible to establish sales in other directions, since the Ministry of Industry...
Russian metallurgists stop production due to the strengthened ruble
Russian metallurgists have warned the government about losses and a forced reduction in production if taxes on the industry are not reduced and the...
Sberbank increased sales of precious metals by 3.8 times
Experts explain the increased demand for gold by the fact that during periods of market uncertainty and increased volatility, gold is considered as a...
The Eurasian Economic Commission extended anti-dumping duties on steel from Ukraine
In particular, anti-dumping duties on the import of steel angles and ferro-silicon marshan into the territory of the Customs Union have been extended....
Swiss oil and gas equipment manufacturer Sulzer leaves Russia
About 300 people work at the Russian factories of the company. Sulzer manufactures pumps, machine tools and other industrial equipment for the oil,...
China spent more than $6 billion on Russian energy imports in April
Purchases of coking coal for the steel industry rose for the third month to 1.71 million tons, more than double the level of last year...
The largest shareholder of gold production in Russia donates 100% of shares to an Islamic fund
According to PJSC Polyus, the largest gold producer in Russia...
LADA became the official car of the Silk Way Rally
In 2022, the route will be 4,380 kilometers long, of which 2,800 kilometers will be special stages....
Siemens' withdrawal from Russia will not stop the production of locomotives - Institute for Natural Monopoly Problems
Earlier Thursday, Siemens announced that it would cease business in Russia. The company has begun the procedure for terminating its production and...
Siemens terminated all service contracts with Russian Railways, including maintenance of Sapsan
Russian Railways announced the continuation of maintenance of German trains on their own. Earlier Thursday, Siemens announced it was ending business...
Diamond prices are on the rise
There are fears that diamonds from Russia will be passed off as diamonds of other origin....
Russia doubled coal supplies to China
Chinese traders, having settled financing and lending issues in their banks, aggressively increased purchases of Russian coal against the background...
The United States banned the sale of knives and refrigerators to Russia
Washington has expanded the category of Russian Industry Sector sanctions, which now apply to the export to Russia of American equipment for oil and...
London imposed protective duties on Russian supplies of platinum group metals
The UK announced an additional £1.4 billion package of restrictions on Russian imports, raising tariffs by 35 percentage points on products such as...
