China to continue “drastic cuts” in steel production in 2021

China to continue “drastic cuts” in steel production in 2021

Overproduction of steel in China caused a serious drop in steel prices in 2018, causing the closure of steel mills and job losses worldwide....

Hot rolled sheet prices in the US topped $ 1,000 per ton for the first time in history

Hot rolled sheet prices in the US topped $ 1,000 per ton for the first time in history

Hot rolled coil prices in the United States ended the year at record levels amid continued supply shortages....

UN expert: US sanctions against Syria hinder the restoration of civilian infrastructure

UN expert: US sanctions against Syria hinder the restoration of civilian infrastructure

UN Independent Human Rights Defender Elena Dovgan called on the United States to lift unilateral sanctions against Syria. In her opinion, the...

Welding electrodes

Welding electrodes

They are designed to supply an electric discharge to the treated area of ​​the workpiece (part) surface....

Volodymyr Zelenskyy promised Antonov a state order for three An-178 aircraft

Volodymyr Zelenskyy promised Antonov a state order for three An-178 aircraft

For the first time since independence, the state orders three new Ukrainian An-178 aircraft from Antonov, which the army will receive, Ukrainian...

Russia has expanded sanctions against Germany

Russia has expanded sanctions against Germany

Should the FRG authorities continue the confrontational line, Russia reserves the right to take further response measures....

Russian machine builders asked Vladimir Putin to influence metallurgists

Russian machine builders asked Vladimir Putin to influence metallurgists

The sharp rise in steel prices, which has already caused discontent among developers and discussions in the Russian government, also affected...

In 2020, Ukraine received 22 container trains from China

In 2020, Ukraine received 22 container trains from China

Direct container shipments from China to Ukraine began on June 8, 2020. Trains brought fertilizers, equipment, non-ferrous metal products, medical...

In Mariupol, traffic near Azovstal was blocked due to the message about the mining of the plant

In Mariupol, traffic near Azovstal was blocked due to the message about the mining of the plant

Information about the mining of Azovstal was not confirmed. The traffic on the post-bridge, at the entrance to the checkpoints of the plant, has...

China plans to build 600,000 more 5G base stations in 2021

China plans to build 600,000 more 5G base stations in 2021

5G mobile communications technology is recognized as an industry in China with preferential investment and tax treatment....

The government of Ukraine canceled the preferential 100 kW /h in the calculation of tariffs for the population

The government of Ukraine canceled the preferential 100 kW /h in the calculation of tariffs for the population

The Cabinet of Ministers explained such a decision by concern for the population, which otherwise would have been transferred to market tariffs -...

Innovative models of CNC milling equipment

Innovative models of CNC milling equipment

Milling equipment, despite its versatility and wide capabilities, is classified according to the principle of its design device, as well as...

JSC "Uralelectromed" is recognized as an organization of high social efficiency

JSC "Uralelectromed" is recognized as an organization of high social efficiency

The enterprise won prizes in several nominations of the regional stage of the All-Russian Organization of High Social Efficiency competition....

ArcelorMittal Kryvyi Rih will insure its employees against suspected coronavirus

ArcelorMittal Kryvyi Rih will insure its employees against suspected coronavirus

In 2021, ArcelorMittal Kryvyi Rih will spend more than UAH 18.3 million on health insurance for its employees....

Mitsubishi Heavy to build largest zero-carbon steel plant

Mitsubishi Heavy to build largest zero-carbon steel plant

When launched next year, the Austrian Steel Test Center will operate on hydrogen....

NLMK supplied raw materials for the construction of the central ring road

NLMK supplied raw materials for the construction of the central ring road

Novolipetsk Metallurgical Plant supplied 2 million tons of crushed slag to DSK Avtoban for the construction of the fourth section of the Central Ring...

Metinvest allocated $ 67.4 million to modernize Ingulets GOK

Metinvest allocated $ 67.4 million to modernize Ingulets GOK

All new equipment purchased this year has not only good technical characteristics, but also significantly improves the working conditions of...

State Geological Survey of Ukraine announces attempts to disrupt auctions for sites with lithium ore deposits

State Geological Survey of Ukraine announces attempts to disrupt auctions for sites with lithium ore deposits

The State Service of Geology and Subsoil of Ukraine has prepared objects with lithium ore deposits - Shevchenkovsky deposit and the Balka Krutaya...

Germany will not change its position on "Nord Stream - 2" because of the United States - Foreign Minister of Germany

Germany will not change its position on "Nord Stream - 2" because of the United States - Foreign Minister of Germany

The German Foreign Minister admitted that on some topics, including this project, Berlin and Washington have disagreements....

Metalloinvest and LUKOIL signed an agreement on cooperation and joint activities

Metalloinvest and LUKOIL signed an agreement on cooperation and joint activities

Metalloinvest and LUKOIL signed an agreement on cooperation and joint activities...

Max Polyakov's Firefly Aerospace plans two launches of the Alpha space rocket in 2021

Max Polyakov's Firefly Aerospace plans two launches of the Alpha space rocket in 2021

The Ukrainian company Space Electric Thruster Systems (SETS) will provide its SPS-25 propulsion system for the debut launch of the Alpha rocket, a...

A rock collapse occurred at the Pervomaiskugol mine - one worker remains under the rubble

A rock collapse occurred at the Pervomaiskugol mine - one worker remains under the rubble

As a result of the collapse of the rock, two miners were under the rubble - one of them has already been freed....

Russia may restrict the export of metal products due to a sharp rise in prices on the domestic market

Russia may restrict the export of metal products due to a sharp rise in prices on the domestic market

The Federal Antimonopoly Service (FAS) of the Russian Federation has proposed to introduce export duties on steel products and raw materials for...

Bogdan Motors announced a record drop in production and the beginning of bankruptcy proceedings

Bogdan Motors announced a record drop in production and the beginning of bankruptcy proceedings

On December 23 of this year, the Economic Court of the Dnipropetrovsk region opened proceedings in the bankruptcy case of JSC AK Bogdan Motors....

BMW plans to make 20% of its cars electric by 2023

BMW plans to make 20% of its cars electric by 2023

Tesla's success prompted all of the world's largest automakers to invest in electric vehicles, most of which were skeptical about the...

Central Asian Exports Decrease By 24 Percent In 2020

Central Asian Exports Decrease By 24 Percent In 2020

In 2020, mainly due to the pandemic, the volume of international trade in the Asia-Pacific region will decline by 1.9 percent compared to last year....

Ukraine's economy returned to pre-pandemic indicators and will grow by 5% in 2021

Ukraine's economy returned to pre-pandemic indicators and will grow by 5% in 2021

Prime Minister of Ukraine Denis Shmyhal spoke about “billions of hryvnias” of state support for industrial growth, exports and employment provided...

China will overtake the United States to become the world's largest economy in 2028

China will overtake the United States to become the world's largest economy in 2028

The COVID-19 pandemic and the corresponding economic consequences have tilted rivalry between countries in China's favor....

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