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Articles with tag "metals"

Metallurgical Plants in Occupied Ukraine Seek Russian State Aid Amid Industry Crisis

Metallurgical and coking plants in the Russian-occupied Donetsk and Luhansk regions face declining demand, falling prices and soaring production costs...

Abramovich Faces London Lawsuit Over Norilsk Nickel Asset Deal

The move escalates an already complex and acrimonious legal battle that has raged for more than 15 years.
2 Min read

Russia’s Top Ferroalloy Producer to Cut Workweek Amid Metallurgy Crisis

The Chelyabinsk Electrometallurgical Plant said it has been forced to launch an “anti-crisis program.”
2 Min read

Russian Steel Executive Rings Alarm Bells for Struggling Industry

A strengthening ruble and high interest rates have choked demand and profitability, making imminent production cuts and plant closures a possibility.
2 Min read

Russia’s Rusal to Cut Aluminum Production Amid Rising Costs, Sluggish Demand

Rusal said it would cut output by 250,000 metric tons as profit margins are squeezed by record-high alumina prices.
1 Min read

China Disguising Imported Russian Copper as Scrap to Avoid Sanctions – Reuters

The shredded metal is harder to trace, making it easier to sell to Chinese manufacturers and keep doing business with buyers wary of Russia.
2 Min read
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