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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...

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...

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...

UK introduces 35% duties on imports of Russian metals

The new measure is announced as a blow to the Russian economy, but according to Platts analysts, it will have almost no effect on Russian export...

Elon Musk wants to save the ISS after Russian threats

Elon Musk said that SpaceX will save the International Space Station if Russia withdraws from the space program due to tough US sanctions...

Sanctions may stop Russian sales of rolled metal for export - Platts

Traditional buyers of Russian steel are already starting to abandon purchases in the Russian Federation, and new sanctions against Russian banks...

Russia-focused companies fail due to its invasion of Ukraine

Mining stocks operating in Russia were among the first to feel the negative effects...

Panic on the securities market in Russia: quotes collapsed to 13-year lows

The total losses of the Russian stock market during trading on February 21 amounted to about 4 trillion rubles (50 billion US dollars)....

The head of the European Commission threatened Vladimir Putin with the loss of half of the Russian budget

Ursula von der Leyen's comments come as tensions mount in Europe after U.S. President Joe Biden said on February 18 that he was convinced that...

Fitch Ratings is preparing to revise Russia's ratings downwards

The agency notes that tough sanctions against Russia may have negative consequences for the sovereign rating and banks....

Ukraine to resume Russian transit by rail to Poland from February 10

Stopped at the end of January, the transit of Russian cargo via Ukrainian railways to the Republic of Poland will be resumed on February 10,...

Gazprom and CNPC signed a contract for the supply of Russian pipeline gas to China via the "Far East" route

Soyuz Vostok will pass through the territory of Mongolia, will become a continuation of the Russian Power of Siberia-2 gas pipeline and will allow...

Metallurgists of Russia overtook oil and gas workers in terms of income of top managers

Semyon Slepakov should think about a new song: the income of the directors of the largest Russian metallurgical companies exceeded several times the...

UK announces confiscation of London property of Russian oligarchs

Russian oligarchs have been warned of a possible confiscation of London property by new sanctions being prepared by the UK government next week....

Escalation in Ukraine will radically change the metals and energy markets in Europe

Russia is in the lead in the supply of metals and energy to the countries of the European Union, which may experience interruptions in the supply of...

The European Union is preparing to repel the Russian threat in space

The goal of the EU in the medium and long term may be the creation of a real European space command....

The Bank of Russia has suspended the purchase of foreign currency to avoid the collapse of the ruble

The decision to stop purchases was made after a sharp depreciation of the ruble - during the auction on January 24, the value of the dollar for the...

German scientists have found a way to prevent the formation of blockages in underwater gas pipelines

Researchers at the Technical University of Munich say they can ensure the smooth operation of underwater pipelines such as Nord Stream....

The growth of injuries at Russian mines in 2021 was explained by covid restrictions

Rostechnadzor officials believe that the rapid increase in accidents at mines last year is due to restrictions on inspections of enterprises in the...

The Russian stock market has experienced the largest drop since the beginning of the pandemic

The companies whose shares fell the most...

Russian military exercises on border with Ukraine spark concerns over commodity prices - Platts

Analysts believe that the escalation of the conflict between Russia and Ukraine could lead to the closure of Ukrainian ports in the Azov and Black...

Russia admitted to Ukraine the first 60 cars of coal for the Luhansk TPP "DTEK Vostokenergo"

Since November 1, 2021, the Russian Federation has stopped supplies of thermal coal to Ukraine. It was then about coal grade A (anthracite) and P...

KAMAZ will release a new model of the city electric bus

The new model, which will begin production in 2022, will have improved batteries with a larger capacity, which will increase the autonomous travel...

In Russia, mines will be suspended if safety violations are detected

Vladimir Putin approved a list of instructions following a meeting on the situation in the coal industry of Kuzbass, held on December 2, 2021....

Gazprom refuses to book the capacity of the Yamal-Europe gas pipeline for eight days in a row

Against the background of a decrease in pumping, the price of gas in Europe reached a record $ 2150 per thousand cubic meters....

The Eurasian Economic Commission has extended anti-dumping duties on pipes from Ukraine until 2026

We are talking, in particular, about casing, tubing and oil pipelines, according to the message of the Board of the Eurasian Economic Commission....

Russia has banned the export of precious metal scrap for six months

This measure should contribute to an increase in the volume of circulating metal in production and an increase in the capacity utilization of...

Profits of Ukrainian and Russian steel plants will remain above average until 2023 - Fitch Ratings

The unprecedented excess of steel prices relative to production costs has led to a sharp increase in profits for steel companies in 2021, creating a...

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