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Ferrexpo board of directors proposes to quadruple dividends for 2020

Ferrexpo announced today that it released its annual report and financial statements for the year ended December 31, 2020....

Onshore section of Nord Stream 2 launched in Germany - Deutsche Welle

The fate of the Nord Stream 2 gas pipeline is still in question, but its onshore extension in Germany has already been built and commissioned in...

Sanjeev Gupta's first three steel plants go bankrupt

The first victims of the financial crisis of the GFG Alliance were three small French factories employing 850 people....

German environmental organization Deutsche Umwelthilfe filed new lawsuit against Nord Stream 2

The claim to the Hamburg Administrative Court is directed against the continuation of the construction work of Nord Stream 2, especially during the...

Denmark buys 100 electric trains from French Alstom for $ 3.2 billion

Denmark's rail operator said it plans to purchase 50 more trains at a later stage....

David Cameron declares his innocence in the problems of Liberty Steel and GFG Alliance

The former UK prime minister sees no violation of the law in his lobbying for bankrupt fintech startup Greensill Capital....

Liberty Steel Owner Says Aggressive Lender Actions Threatens 35,000 Jobs

Sanjeev Gupta said most of his businesses remain “resilient,” although the UK situation is of greatest concern....

Russia will respond to the European Green Deal by creating a "back-up system" of trade rules

The think tank of the Ministry of Economic Development of the Russian Federation in the field of global trade has for the first time approved the...

Volvo and SSAB Agree to Produce Zero Emissions Green Trucks from Steel

The Volvo Group and SSAB have signed an agreement to collaborate on the research, development, serial production and sale of the world's first...

Copper could be the key to converting CO2 back to fuel

Electroreduction of CO 2 to multi-carbon products paves the way for high-density renewable energy storage....

Volkswagen will build cars that can be used as a backup source of electricity

As conceived by German engineers, electric vehicles can become the missing link in the system of accumulation and distribution of "green"...

European auto industry ready to move to electric vehicles much earlier than 2030 - ACEA

This is hampered by the lack of a legal framework in the EU for the rapid deployment of private charging infrastructure at home and in the workplace....

The China-Europe freight train departs for the first time from the hometown of the discoverer of the Great Silk Road

Amid pressure from supply chain disrupted by COVID-19 and delays in delivery by sea, China-Europe freight trains stand out as a competitive...

Poland's largest coal company intends to increase production and quality of coal

Despite the 2020 crisis, Jastrzębska Spółka Węglowa will not slow down strategic investments, wishing to switch exclusively to coking coal production...

Citigroup sues for bankruptcy in London court against Sanjeev Gupta's companies - Financial Times

American investors demand to declare some of the companies of the British metallurgical magnate insolvent and start bankruptcy proceedings....

The program of transformation of coal regions stalled in Poland

The President of the Association of Mining Communities of Poland is confident that the money of the Fair Transition Fund will probably not be enough...

Liberty Steel plans to resume production in the UK next week

Despite the lack of funding, the Sanjiva Gupta metallurgical company will restart the plants that were shut down in mid-March....

European space project will provide Ukrainian Yuzhmash with work for the coming years

Arianespace has signed a contract for the provision of services for the launch on Ukrainian carriers of the next nine Copernicus satellites within...

UK denies financial aid to Liberty Steel

Government officials fear that £ 170 million requested by Sanjeev Gupta will go towards paying off debts in other countries and have hinted that the...

The European Commission prepares to recognize nuclear energy as "green"

In addition, Europe can recognize natural gas as an environmentally friendly fuel....

Two ships flying the Polish flag may be subject to sanctions against Nord Stream - 2

In this regard, Poland canceled the registration of support vessels Krebs Geo and Krebs Jet, as “infringing on the economic interests of the Polish...

German metallurgists will receive a lump sum of 500 euros

IG Metall planned to get the owners of the metal business in Germany to raise wages by 4%, but agreed on lump sum payments....

Liberty Steel requests £ 170m emergency aid from UK government

Sanjeev Gupta told Whitehall that he needed £ 170 million from British taxpayers to keep from declaring bankrupt....

British car production plummets to 10-year low in February

Chip shortages, pandemic lockdowns, regulatory problems due to Brexit have reduced monthly car production in the UK to almost 100,000 units....

German coal-fired power plant operators plan to switch to biofuels

Refusal from coal in Europe is a settled matter, and thermal power plants are gradually being removed from the grid. But with biomass, they can get a...

Rolls-Royce buys metal products from Liberty Steel on a prepaid basis and with a large stock

The aircraft engine manufacturer fears being left without steel components in the event of an unexpected turnaround at Liberty Steel's UK plants....

German concern Thyssenkrupp sold six 212 CD class submarines to Germany and Norway

The Norwegian Ministry of Defense said new investments in the submarine fleet are associated with the growing military-political importance of the...

British Prime Minister Boris Johnson promised to increase steel purchases at Liberty Steel

The UK's third-largest steelmaker is asking its customers to make an advance payment on ordered steel products, facing limited funding as a result of...

US and Germany Discuss Reducing Excess Steel Capacities

The US Trade Representative discussed with the German Economy Minister the problem of overcapacity in the metals industry....

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