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Ukraine suspects five people of embezzling $40-million earmarked for artillery shells for the country’s ammunition-starved army as the war with Russia approaches a third year.
Magnitogorsk, in the Ural mountains, was developed as a symbol of Soviet industrial might and its capacity for economic modernization. Today, a new, 75 billion-ruble (roughly $840 million) coking plant in the steel town is being built by a Chinese engineering giant and hundreds of Chinese workers. The contract between Magnitogorsk Iron & Steel Works PJSC, known as…
Bank of China Ltd, Bank of Communications Co Ltd, and China Pacific Insurance Group Co Ltd soared 6.0%, 5.2%, and 8.1%, respectively
A hydrogen-based 1,000,000 ton/year ENERGIRON® direct reduction (DR) plant will reduce carbon dioxide emission for a sustainable steel industry.