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Italians will help Ukraine decarbonize steel production

Metinvest's metallurgists have signed an agreement with the Italian company Danieli on the development of technologies for decarbonization and steel...

Following Britain, Germany announced an acute shortage of truck drivers

An acute shortage of truck drivers has already led to a supply crisis in the UK. Experts warn that similar problems will soon await Germany. All hope...

Scarcity of computer chips halted the rally in steel prices

Metallurgical plants focused on the automotive industry are now forced to look for new customers, redirecting steel volumes to the common market....

Chip Shortage Hits European Union Steel Demand - MEPS

Weak demand from the automotive sector, caused by a shortage of semiconductors, has led to lower prices in the EU flat steel market....

EU leaders intend to provide emergency assistance in connection with energy prices

Brussels said a faster transition to clean energy is a better defense against future price spikes...

Glencore targets two million tonnes of UK non-ferrous scrap

The company aims to recycle used electronics from the UK and continental Europe, said Kunal Sinha, head of Glencore's copper and e-waste recycling...

Zinc prices hit a 14-year high due to the energy crisis in Europe

On Wednesday, one of the largest zinc producers in the world cut production by almost half at its plants in Budel, the Netherlands, Balena in Belgium...

Belanto Trade accused Dmitry Firtash of tarnishing the company's image to eliminate a competitor

Director of Belanto Trade sro Miroslav Shilgan called the statements that the company supplies ilmenite to the enterprises of “illegally annexed and...

The shutdown of the UK metallurgical plants could bring down the pound sterling

British industrial enterprises will begin to close in a few weeks due to rising production costs in the hope of a further decline in energy prices....

Germany faces the fastest rise in prices since 1974

Inflation in Germany is fueled by the prices of so-called pre-materials, which include steel, metals and scrap metal. In addition, logistical...

UK Steel warns of imminent crisis in UK steel industry

Even higher energy prices will be responsible for the upcoming problems, which will cause more and more metallurgical plants to close and for an ever...

Sanjeev Gupta Found £ 50 Million To Restart Electric Arc Furnace in Rotherham

The increase in steel production at the metallurgical plant will begin this month and will soon be increased to 50,000 tons per month....

German businessmen visited the Ukrainian pipe plant and were very surprised

Nikopol pipe plant "Centravis" surprised German businessmen by showing where they make engine parts for Volkswagen and BMW....

ArcelorMittal requires customers to pay extra € 50 per tonne of steel due to rising electricity prices

The decision by Europe's largest steelmaker to introduce surcharges follows a similar move by British steel, which raised steel prices by £ 30 per...

Liberty Steel Refuses to Restart UK Steel Production Due to High Electricity Prices

Previously, the Rotherham smelter planned to restart electric arc furnace steelmaking on October 15th, subject to sufficient funding for the...

German engineers began to produce aviation fuel from ordinary water

In Germany, they began to produce aviation fuel by electrolysis of water with further synthesis of hydrogen and biogas into methanol. Thus, the...

Thyssenkrupp Steel shipped the first tons of its bluemint® decarbonized steel

Premium bathroom equipment supplier Kaldewei was the first customer for German green steel...

Ukrainian railway wheels will be used in the Amsterdam metro

The industrial company Interpipe of Victor Pinchuk delivered passenger railway wheels to the Netherlands for the first time....

Iran offers Europe and the US to lift sanctions to bail out the energy crisis

The price of the nearest (November) futures on TTF on the ICE Futures exchange on Friday morning reached 133.125 euros per MWh, or 1594 US dollars...

UK to complete decarbonization of the energy sector by 2030 - Boris Johnson

Investments in renewable sources and nuclear energy will help achieve the ambitious goal....

Coal prices in Europe hit new all-time high at over $ 230 per tonne

European consumers are forced to compete for free volumes of coal with buyers in Asia, where there is also a shortage of solid fuels, which, in turn,...

Biden's administration reiterates Trump's thesis on the threat of steel imports to US national security

In December of this year, the European Union's retaliatory tariffs against American goods, imposed by the EU after the start of duties on European...

Cold rolled steel prices in Poland exceeded $ 2,500 per ton

According to Iwona Dybal, President of the Polish Union of Steel Distributors, the effects of the pandemic, including inter alia production shutdowns...

France demands to call nuclear energy "green", scaring the growing dependence on the Russian Federation

France opposed the phasing out of nuclear energy and against the deal between Germany and Russia on "Nord Stream 2". Fears are growing in Brussels...

British Steel increased prices for rolled metal products, shifting the rise in energy prices to buyers

British Steel is introducing temporary premiums on steel prices for electricity and transportation, which are in place today to avoid rising costs....

Nord Stream 2 certification will drag on until next spring

This was announced by Klaus-Dieter Mauchbach, head of Uniper, Germany's oldest importer of Russian gas, which has invested 950 million euros in the...

For the first time, the exchange price of gas in Europe exceeded USD 1,200 per thousand cubic meters

Europe, in the context of a general shortage of gas supplies (via gas pipelines and in liquefied form), is forced to compete for LNG with the premium...

Opel car factory in Eisenach closes before the end of the year due to a lack of microprocessors

The global shortage of microcircuits has hit the auto industry more painfully than other sectors of the economy. A number of German manufacturers...

In Europe, the stainless steel market unexpectedly "sank" - MEPS

Many stainless steel buyers in the European market have begun to question the wisdom of a pre-order at the current price level....

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