China spent more than $6 billion on Russian energy imports in April

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...

LADA became the official car of the Silk Way Rally

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

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

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

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

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

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

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...

UK imposes sanctions against Russian steel producer Evraz

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 intends to impose sanctions against Moscow Credit Bank and Rosselkhozbank

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...

The assets of the largest metallurgical company in the Czech Republic are blocked under anti-Russian sanctions

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

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...

Indian Tata Steel has found an alternative to Russian coal

Indian Tata Steel has found an alternative to Russian coal

While demand for Russian coal is likely to increase, analysts say potential payment problems associated with international sanctions and the high...

The production of passenger cars in Russia in March collapsed by 72%

The production of passenger cars in Russia in March collapsed by 72%

After the start of the military operation on the territory of Ukraine, a number of automakers operating in the Russian Federation suspended...

Motorcycles "Ural" will be made in Kazakhstan

Motorcycles "Ural" will be made in Kazakhstan

Due to sanctions, an acute shortage of components began at Ural Motorcycles....

Russia and India are negotiating the resumption of supplies of coking coal

Russia and India are negotiating the resumption of supplies of coking coal

After Australia almost tripled the price of coking coal for Indian consumers, taking advantage of anti-Russian sanctions, Indian metallurgists...

TMK is preparing to expand the range of pipe products

TMK is preparing to expand the range of pipe products

The pipe metallurgical company intends to supply pipes for projects in the field of hydrogen energy and offer solutions for such fuels as...

Confrontation with Russia forced the UK to unfreeze the largest coal project

Confrontation with Russia forced the UK to unfreeze the largest coal project

In the UK, they plan to open the first coal mine in 30 years against the backdrop of a reduction in energy supplies from Russia. A mine project in...

An explosion of unknown origin occurred at a metallurgical plant in the Orenburg region of the Russian Federation

An explosion of unknown origin occurred at a metallurgical plant in the Orenburg region of the Russian Federation

In the city of Novotroitsk, the walls of a building covering an area of ​​700 square meters were damaged as a result of an explosion at the...

Severstal failed to pay interest on an $800 million loan

Severstal failed to pay interest on an $800 million loan

Enterprise is unable to pay interest on the Notes due to lack of regulatory approval, but intends to meet its loan obligations associated with the...

The largest private steel company in India decided to stop doing business with Russia

The largest private steel company in India decided to stop doing business with Russia

Tata Steel Group, which is the tenth largest in the world in terms of steel production, has ceased cooperation with Russia....

Redirection of Russian steel exports to Asia may not happen due to logistics

Redirection of Russian steel exports to Asia may not happen due to logistics

Russia will not be able to make up for losses in the steel sector in the foreseeable future by redirecting exports from Europe to Asia due to...

Severstal has taken the first step towards delisting on Western exchanges

Severstal has taken the first step towards delisting on Western exchanges

Alexey Mordashov's Metallurgical Company requested data from the depository of the DR program on the necessary actions on its part for delisting....

Austria stops importing and refining Russian oil – OMV

Austria stops importing and refining Russian oil – OMV

In early March, OMV stopped investing in Russia, but until today it has not announced that it will stop purchasing raw materials from the country....

Russia will update the strategy of interaction with the WTO, taking into account the "illegal restrictions" for metallurgists

Russia will update the strategy of interaction with the WTO, taking into account the "illegal restrictions" for metallurgists

According to President Putin, Western countries have used illegal restrictions against Russian metallurgists: not only bans on the supply of finished...

Russia has not yet found alternative buyers of coal - its exports fell by 9%

Russia has not yet found alternative buyers of coal - its exports fell by 9%

In early April, the EU imposed a ban on the import of coal from Russia as part of another package of sanctions. The Russian authorities talked about...

NLMK plans to continue trading depositary receipts on the London Stock Exchange

NLMK plans to continue trading depositary receipts on the London Stock Exchange

Federal Law No. 114-FZ, published on April 16, obliges Russian issuers whose shares are traded in the form of depositary receipts on foreign...

Only four Russian plants continue to produce cars

Only four Russian plants continue to produce cars

The timing of the normalization of the situation with the supply of components is unclear, the market is in the process of recovery....

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