The import of steel pipes (7304-7306 TN VED EAEU) reached 234.9 thousand tons in January-July 2021, or 88.9% of the volume of the same period in...
Russia
New car sales in Russia in January-August grew by 21%
Although demand remains stable, the decline in production as a result of a shortage of electronic components in the global market continues to widen...
A new Italian rail and steel mill will appear at the metallurgical plant in Balakovo
The new production facility will increase Russian rolling of large structural sections and rails by almost 30%, as well as create 3,000 new jobs,...
Rusal announced readiness to evacuate employees from Guinea
The situation in Guinea carries significant risks for the Russian and global aluminum industry, according to the Aluminum Association, a Russian...
The last pipe of Nord Stream 2 was welded in the Baltic Sea - gas pipeline operator
The last pipe of the second string of the Nord Stream 2 gas pipeline has been laid on the bottom of the Baltic Sea, the project operator Nord Stream...
Russian export hot-rolled metal products fell in price by 6% in August
Export prices for Russian ferrous metallurgy products began to decline amid a decrease in demand in the EU....
AVTOVAZ reduced car sales by 32.6% due to a shortage of microcircuits
AVTOVAZ, like many car factories around the world, is experiencing a shortage of supplies of the necessary electronic components....
Russian hydrogen car will appear on the market in 2024 - Ministry of Industry and Trade of the Russian Federation
The creators of the car want to bring the share of localization of its production as close as possible to 100%, assuming that fuel cells, a cryogenic...
Russia expects an imminent reduction in demand for railway cars
The demand for new freight cars in Russia in the next six years will decrease by about 1% per year, the Institute for the Problems of Natural...
Norilsk Nickel, Rosatom and DTSSS signed an agreement on the design and construction of an LNG icebreaker
The parties will form a working group that will develop terms of reference for the design and construction of an LNG icebreaker, select a shipyard,...
Rosatom plans to start producing hydrogen by 2024
It is planned to build a large enterprise with the production at the first phase of about 30 thousand tons of hydrogen and subsequently up to 100...
Gazprom Neft plans to double hydrogen production in 2024
Russia sets itself the task of occupying about 20% of the global hydrogen market, Deputy Prime Minister Alexander Novak said in June....
Gazprom's net proceeds from gas sales to Europe increased by 93%
Adjusted EBITDA increased by 134% for the six months ended June 30, 2021 compared to the same period last year and amounted to RUB 1,403,981...
Gas in Europe has risen to almost $ 600 per thousand cubic meters
Gazprom Export last week stopped selling gas for 2022 on its Electronic Trading Platform, which led to another increase in prices on European gas...
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...
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...
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...
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....
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...
Russia extends sanctions against Ukrainian ferroalloys until the second half of 2022
The Eurasian Economic Commission has promised that by this time a balanced solution will be developed aimed at ensuring market stability....
The United States launched an investigation into the compliance of the Russian economy with market status
In a statement from the US Department of Commerce, it is said that an investigation into the market economy of the Russian Federation was launched...
NLMK restores steel production after fire at Lipetsk site
In early August, NLMK fully resumed the operation of the modernized converter shop N2, where on August 9 an explosion occurred at the oxygen...
Russian railway operators want to buy wheels from Ukrainian Interpipe
The sharply increased prices for railway wheels in the Russian market are forcing local buyers to look for cheaper options for supplies abroad....
Rinat Akhmetov sells coal assets in the Rostov region to a Cypriot firm - Kommersant
For Rinat Akhmetov, the whole point of owning an asset was the possibility of supplying products to Ukraine, and the lack of such an opportunity...
Russia to increase tax on mineral extraction from January 1, 2022 - Putin
According to the President of the Russian Federation, prices on world markets have increased, and metal producers are trying to extract maximum...
Exchange gas prices in Europe have set a new absolute record exceeding $ 550 per thousand cubic meters.
All this is happening against the backdrop of a decrease in the supply of liquefied natural gas (LNG) to Europe by about 20% compared to last year,...
After the introduction of Western sanctions against Belarus, its steel exports to Russia grew by 20%
The insidious pandemic and sanctions did not unsettle the Belarusian economy, the Russians came to the rescue. High quality of Belarusian metal...
Rolls-Royce lost 90 million euros on the sale of the Bergen Engines plant, but did not give it to Russia
Rolls-Royce sold the Norwegian manufacturer of diesel and medium-speed gas piston engines Bergen Engines to the British engineering concern Langley...
