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Gas price in Europe exceeded $ 500 per thousand cubic meters

As prices rise in Asia, Europe gets less and less LNG supplies. The flow of regasified liquefied natural gas from European terminals to the gas...

German concern ThyssenKrupp sells its mining business

Germany's largest steel company, ThyssenKrupp, has announced the sale of its Mining Technologies division to the Danish company FLSmidth for 325...

ArcelorMittal Raises Global Steel Consumption Forecast in 2021 from 5.5% to 8.5%

The largest steel company in the world announced the best profit in 13 years and said that it will be even better, as all order books are filled for...

Gas prices in Europe renewed record highs and approached $ 500 per thousand cubic meters

Gazprom has once again abandoned auctions for gas supplies through Ukraine, against the background of this, prices in Europe have risen to a record...

Explosion at a chemical plant in Germany: "There is no hope of finding the missing alive"

But due to possible emissions of toxic substances, the population of the city of Leverkusen is still recommended to refrain from eating fruits and...

Czech government invests 2 billion euros in the construction of a giant battery plant

The country has the largest proven reserves of lithium in Europe, which amount to 3% of the world's reserves of this metal. At the same time, there...

UK's largest tobacco firm switches from nicotine to cannabis - BBC

Britain's largest tobacco firm British American Tobacco says it sees cannabis as part of its future as it tries to move away from selling traditional...

At least one person died and four went missing in an explosion at a chemical plant in Germany

Emergency services reported 16 wounded, among whom four are in critical condition. In addition, according to the authorities of the city of...

A powerful explosion thundered at the Bayer chemical plant in the German city of Leverkusen

Poisonous smoke moves towards Lützenkirchen, Opladen and Reindorf. Citizens are asked not to leave their homes and close the windows....

Tesla's Berlin Gigafactory to be fined for installing devices not approved by the authorities

During an inspection of Tesla's construction site in Grunheide, authorities found several "unauthorized devices" and are preparing to issue a decent...

EU trade head favors alternative steel tariff deal with US

Valdis Dombrovskis said that the EU is ready to consider "other possible solutions" to the tariff dispute between the EU and the United States in the...

Deutsche Bahn estimates flood damage in Germany at 1.3 billion euros

Until now, the German railway operator cannot say when the movement of goods from the steel industry in North Rhine-Westphalia will be restored....

Airbus begins supplying A350 aircraft through its hub in China

An A350 aircraft was handed over to China Eastern Airlines from the Airbus center in Tianjin today. This is the first time that a European aircraft...

US Undersecretary of State Victoria Nuland reveals details of Nord Stream 2 deal with Germany

As part of the agreement, the parties, in particular, will seek to extend the agreement between Russia and Ukraine on the transit of Russian gas...

Germany's largest steelmaker declares force majeure due to floods

German steel company Thyssenkrupp Steel announced force majeure on July 16 due to the inability to deliver raw materials and semi-finished products...

Mercedes-Benz maker Daimler expects global chip shortage to continue in 2022

A global shortage of semiconductor chips will reduce car sales in the second half of 2021 and last until 2022, Mercedes-Benz manufacturer Daimler AG...

US urges Ukraine not to criticize Nord Stream 2 deal - Politico

The Biden administration is asking a disgruntled Ukraine not to create a fuss as it moves closer to an agreement on the Nord Stream-2 pipeline...

Protectionist Measures Support European Steel Prices Despite Summer Lull

The rise in prices for flat products in Europe stopped at the beginning of this month. In July, the average value of coil deals in Europe practically...

World's first 3D-printed bridge in Amsterdam's red light district

The world's first 3D-printed steel footbridge was installed in Amsterdam. The bridge, created by the Dutch company MX3D, was installed over the...

European Commission approves planting of 3 billion new trees across Europe by 2030

The proposed actions will increase carbon sequestration by increasing the area of ​​forest plantations, which will help mitigate the effects of...

The owner of the largest iron ore company in Europe put on the international wanted list

The former people's deputy of Ukraine and the main shareholder of the Ferrexpo group of companies has been put on the international wanted list on...

Germany lost to Poland the dispute over the exclusion of Nord Stream from the EU's third energy package

The OPAL gas pipeline, which is an onshore extension of the Russian Nord Stream, was put into operation in the summer of 2011. There are no sources...

The new environmental plan of the European Commission shocked Poles: they will have to pay more for everything

Achieving the projected 40% reduction in emissions in construction and transport in 2025-2040 could result in more than 1.1 trillion euros for EU...

European Commission Reveals Details of CBAM's Carbon Borders Mechanism

The European Commission has presented an environmental plan EU Green Deal, involving the introduction of a carbon tax on imports of steel, aluminum...

Spanish government to invest half a billion euros in decarbonization of ArcelorMittal plant

ArcelorMittal plans to produce 1.6 million tonnes of carbon-free steel in Spain by 2025 at a green hydrogen price of € 1.50 /kg....

Ukraine and the European Union signed a Memorandum on the supply of strategically important raw materials and metals

This new chapter in EU-Ukraine cooperation will not only strengthen political ties between countries, but also open up a wide range of opportunities...

Vice President of the European Commission visited the Irshansk ore mining and processing plant in Ukraine

Marosh Shefchovich, as part of a delegation headed by the Prime Minister of Ukraine, got acquainted with the production of the Irshansk Mining and...

EU to postpone tax on digital services of tech companies at US request

On Saturday, at the summit of the G-20 finance ministers, it was decided to introduce a corporate tax of 15% on international companies with a...

Merkel gave her word that Nord Stream 2 will not affect the transit of Russian gas through Ukraine

Germany tried to reassure Ukraine about gas transit ahead of Zelensky's talks with Biden....

EU and Ukraine to sign preliminary deal for the supply of bauxite, lithium, titanium and strontium

The European Union urgently needs alternative sources of lithium, used in the production of batteries for electric vehicles....

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