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The largest steel company in the world has reduced steel production due to weak demand

ArcelorMittal steel production in the third quarter fell 3% compared to the second quarter due to a 9% drop in demand for steel products....

Rinat Akhmetov named 3 steps to overcome the energy crisis in Ukraine

The CEO of DTEK energy holding told what needs to be done to overcome the current crisis in the energy sector....

Ukraine may attract a Canadian company to develop gas fields

Instead of the American Chevron, the Canadian Tenaz Energy Corp. may become a partner of NJSC Nedra Ukrainy for the implementation of the PSA on the...

US and China Announce Key Agreement to Strengthen Climate Protection

This statement became, first of all, a geopolitical signal...

The pensioner admitted that for 32 years she falsified the results of steel tests for US submarines

Between 1985 and 2017, the director of the Tacoma metallurgical plant falsified the strength and toughness test results of about half of all steel...

Novokramatorsk Machine Building Plant shipped a skip mine hoist to Kazakhstan

ShPM TsSh-5x8v is installed on a tower headframe, equipped with two lifting motors of 3800 kW each, has a traction sheave with a diameter of 5...

Rivian Automotive could propel Tesla into the electric vehicle industry

Tesla loses $ 200 billion at market valuation, Musk loses $ 50 billion in two days due to falling stocks...

NASA postpones man-made moon landing due to legal battle with SpaceX

NASA management named the main reasons for the delay in landing a man on the moon until at least 2025...

Metallurgical industry faces huge restructuring as demand for iron ore changes

Decarbonization of the global steel industry will change the requirements for the supply of iron ore in the next few decades...

Meta Company accused Facebook of trademark infringement

“Facebook stole our name and our livelihood,” says Meta Company press release headline...

China merges rare earth companies into a mega-firm to strengthen global dominance in manufacturing

Beijing has announced a reorganization of the rare earths sector, which means the creation of another state-owned giant...

2021 is an unexpectedly good year for steel producers

Any changes in Chinese metallurgy had a loud response in the world market...

In Ukraine, the production of cars has practically stopped

In October, Ukrainian factories assembled 292 new cars, which is 68% less than in September and three times less than in October last year....

Ukrainian scrap lobby shocked by plans to increase scrap export duties to 200 euros

The country's metallurgical lobby has achieved that the Ministry of Economy of Ukraine has developed a bill to increase the duty on the export...

Gold Price Rises Due to Confident Tone of Central Banks

The actions of the world's central banks contributed to the growth of gold...

Boeing Receives FCC Approval For Satellite Launch

The FCC also rejected SpaceX's claim that Boeing's new satellites would interfere with its Starlink project....

US begins negotiations on steel and aluminum tariffs with Japan

After reaching an agreement on tariffs for imported steel from the European Union, the United States began similar negotiations with Japan....

Earth's rotation changes speed: is it worth worrying?

Our planet is spinning faster and faster...

Ukrainian metallurgists reminded Volodymyr Zelensky of American duties on steel

The metallurgical lobby of Ukraine called on President Volodymyr Zelenskyy to protect the interests of domestic industry in foreign markets,...

Production of flat-rolled steel at Metinvest's plants grew by a quarter in three quarters

Production of liquid steel at Metinvest plants increased by 13% compared to January-September 2020 - up to 6.93 million tons...

Dnipro Metallurgical Plant has reduced steel production by half from last year

Steel production at DMZ in October decreased by 46.5% year-on-year due to major repairs of metallurgical equipment....

Honda unveils brand new rocket engine

Honda successfully tests a prototype reusable rocket engine...

A new rolling mill for the production of wire from titanium alloys was built in Kramatorsk

The new mill provides rolling of a fairly wide range of steels and alloys, which, due to the peculiarities of the technical process, usually do not...

Complying with the Paris Agreement, Ukraine will continue to reduce greenhouse gas emissions

Ukraine intends to reduce greenhouse gas emissions by 65 percent by 2030. The country's obligations in this area were confirmed by the...

Eristovsky GOK Konstantin Zhivago was fined $ 30 million for self-seizure of about 160 hectares of land

On these lands, the mining enterprise stored industrial waste, which, according to the State Environmental Inspection of Ukraine, contains the most...

Analysts expect a rise in the price of scrap in the Turkish market

In the near future, export prices for scrap metal will increase due to the replenishment of stocks by the largest buyers and the creation of...

Steel and iron ore market collapsed in China

Chinese steel and iron ore prices are falling due to negative factors affecting futures and physical markets. Given that China is the largest player...

Chemical plants of Dmitry Firtash increased the production of medical oxygen by 15 times

All manufactured medical oxygen, by the decision of the shareholder Group DF, is supplied to medical institutions free of charge. Chemists work with...

The war on climate change is fought from space

Satellites will be used to continuously measure the amount of methane and carbon dioxide emitted by factories and power plants...

US Steel Announces Record Q3 Results

Sales for the quarter more than doubled to $ 5.96 billion from $ 2.34 billion a year earlier...

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