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...
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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
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
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%
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
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
The timing of the normalization of the situation with the supply of components is unclear, the market is in the process of recovery....
Stellantis suspends car production in Russia
Stellantis plant in Kaluga produces Peugeot 408 and Citroen C4 passenger cars, Peugeot, Opel and Citroen light commercial vehicles, as well as...
Demand for ferrous metals in Russia grew by almost 40% in the first quarter
Domestic demand for steel and metal products in the Russian market continued to grow in March, despite the imposition of Western sanctions....
Metallurgists of Magnitogorsk replaced the scarce Ukrainian rolls with imports
The new machine Kuettner (Germany), put into operation at the Magnitogorsk plant of rolling rolls, will produce scarce equipment with a diameter of...
Heat pumps will become an effective weapon in the energy war between the EU and Russia - Time
The European Union intends to double the production and installation of heat pumps in order to convert as much heating as possible from gas to...
The Minister of Economy of Japan announced state support for companies that buy gas outside of Russia
Japan is focusing on expanding additional LNG supplies to reduce dependence on Russian natural gas....
The US Department of Commerce has compiled a "black list" of 32 Belarusian and Russian airliners
U.S. officials from the Bureau of Industry and Security of the U.S. Department of Commerce have identified the first Belarusian and several Russian...
Moody's believes that Russia may be in a state of default as early as May 4
Russia may default after trying to service its dollar bonds in rubles due to Western sanctions over the war in Ukraine, Moody's reported....
Kirov plant OCM produced an experimental batch of products
The entire trial batch of copper transformer tape with a rolled (rounded) edge was sent to the consumer....
The Federation Council of the Russian Federation was shocked by the lack of production of nails in the country
The Russian Federation was unable to carry out import substitution of steel nails and continues to purchase them in Ukraine....
About 100 Russian metal traders agreed to limit the markup on metal products to 12%
The Ministry of Industry and Trade of Russia has published a list of accredited distributors, trading houses and metal service companies that will...
Russia continues to purchase over 40% of oil and gas equipment abroad
The system of financing the full cycle of development of oil and gas engineering products created in the Russian Federation allowed Russian companies...
Russia may be left without lithium raw materials - deliveries from Chile and Argentina have been stopped
Russia, which does not have industrial lithium production, may be left without raw materials for the production of batteries if the last source of...
Nordgold fails to pay coupon on USD Eurobonds
The Company emphasizes that it has all the necessary financial resources to make payments on Eurobonds and will continue to interact with the trustee...
Biden signs bill to suspend customary trading status with Russia
Along with the suspension of trade status, Biden also signed a separate law to ban energy imports from Russia....
Moscow to produce 3D printers from Russian components
The Moscow company will launch its own production of 3D printers. They will consist of the maximum number of components produced in Russia. The...
Since the beginning of April, the United States has completely stopped importing oil from Russia
In early March, the administration of US President Joe Biden announced a ban on oil imports from Russia....
Severstal has lost a third of its sales and is forced to look for new customers - WSJ
The EU's action against Severstal owner Alexei Mordashov has left its steel stuck in warehouses across Europe, with sales staff scrambling to find...
Russia launches military communications satellite
This is the second launch by Russia in March 2022...
ArcelorMittal completely refused to supply Russian raw materials to its European plants
ArcelorMittal's iron ore and coal portfolio has helped ease the company's exit from Russia, but other European steelmakers will have a harder time...
Japanese NEC has suspended the registration of orders for its products in Russia
To date, more than 700 Ukrainian employees of Netcracker Technology, a subsidiary of NEC Corporation in Ukraine, and their families have been...
The European Union has banned the export of Russian steel and metal products
The European Commission has also canceled Russia's most favored nation trade regime and formalized plans to suspend Russia's membership in major...
