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Where is Severstal Investing?
... partner for infrastructure projects.
Izhora Pipe Plant: Specializes in the production of large-diameter pipes for the oil and gas industry, which is particularly relevant for pipeline construction.
Mining Assets
Karelia Pellet: One of the largest producers ... ... iron ore pellets in Russia, used in steel manufacturing. The facility ensures stable raw material supplies for the domestic market and exports.
Olengorsk Mining and Processing Plant: Actively developing iron ore extraction and investing in the automation ...
Will production fall in Iran and Venezuela? Should the market expect a sharp rise in prices or increased competition among exporters?
... to urbanization in South and East Asian countries, and increased competition between petroleum products and liquefied natural gas (LNG) in maritime transport. These factors will ensure a more modest increase in demand for oil in the second half of the ... ... pandemic.
In this context, events in Venezuela and the intensification of the Iran-Israel crisis will affect not so much the oil market as a whole, but the intensity of competition among oil-producing countries, whose interests will increasingly clash amid ...
Economic News August 3, 2025 — Fed Rate Cut, Apple and Meta Reports, Gold Price Increase
... reaching ~$47.5 billion, reflecting a return of advertisers and audience growth. Net profit surged by 36%, surpassing $18 billion, largely due to stringent cost management. Management has a positive outlook on the long-term business prospects, and the market has reacted positively to Meta's return to sustainable profit growth.
ExxonMobil and Chevron
– The American oil and gas giants experienced a decline in profits due to falling energy prices compared to last year, but they maintain a stable financial position. ExxonMobil posted a net profit of about $7 billion in Q2, while Chevron reported around $3 billion. The drop ...
Regulatory Costs: Can the Rise in Gasoline Prices Be Stopped? (FORBES)
... prices would remain below the subsidy threshold due to increased competition rather than subsidy loss risks.
Higher quotas would improve fuel availability for independent gas stations outside VIOCs, boosting retail competition. Large companies’ gas stations would find it harder to overprice fuel without risking market share. Additionally, this measure would facilitate fuel procurement for traders, helping dismantle regional fuel monopolies: with lower exchange prices, traders could offer small wholesale consumers cheaper fuel, even accounting for logistics, ...
European Economy Losing Competitiveness: Causes and Consequences
... in a new wave of tariffs.
Market reactions: Deteriorating relations between the US and EU could lead to volatility in global markets.
Political tensions: Escalation of the conflict undermines economic cooperation between the largest economies.
Long-term ... ... #Tariffs
The European Commission has declared its determination to continue efforts aimed at fully halting the import of Russian gas into the European Union. A representative of the European Commission noted that this measure is part of a broader strategy ...