Many stainless steel buyers in the European market have begun to question the wisdom of a pre-order at the current price level....
Europe
Rolls-Royce to go all-electric by 2030
The first all-electric Rolls-Royce called Specter will hit the market in the fourth quarter of 2023....
US and EU will try to restore lost confidence in Pittsburgh talks
The topic of the first European-American meeting of the Council on Trade and Technology will be the global semiconductor shortage. But in the...
European steel mills plan to raise steel prices in October
The cost of electricity for the production of rolled metal in the EU continues to grow, and metallurgists intend to shift the record high energy...
Climate policy of the European Union will result in sky-high steel prices - expert opinion
While the European steel market is showing signs of stabilization and cooling, buyers should get used to higher steel prices, says Iwona Dybal,...
Ukrainian Foreign Ministry summoned the Hungarian Ambassador over an agreement with Gazprom
The Ministry of Foreign Affairs of Ukraine invites the Ambassador of Hungary to Kiev to explain Ukraine's position on the Budapest agreement...
ArcelorMittal to Build a Billion Euro Waste Blast Furnace in Belgium
ArcelorMittal Belgium will reduce CO2 emissions by 3.9 million tonnes per annum by 2030 through the construction of a 2.5 million tonne direct...
Hungarian Foreign Ministry summoned the Ukrainian ambassador with accusations of "violation of sovereignty"
Foreign Minister Peter Siyjarto said that Ukraine's attempts to block Hungary's new long-term gas supply agreement with Russia was...
Unions of the metallurgical plant US Steel Košice achieve higher wages
US Steel Košice signed an amendment to the collective bargaining agreement with trade unions providing for additional payments to metallurgists and...
Thermal coal on European exchanges has risen to highs since 2008
Coal is becoming more expensive due to rising gas prices: European power engineers have returned to using coal-fired generation, but coal supplies to...
UK continues to experience shortage of truck drivers
In some regions of the UK, gas stations have begun to close, as it is impossible to find a fuel carrier. The situation will be catastrophic at...
Poland's largest coal exporter plans to invest in the steel industry
The new strategy of Węglokoks will include, among other things, investments in the metallurgical part of the capital group, the company said. Deputy...
USA and Serbia agree on cooperation in the energy sector
The US Department of Energy and the Serbian Ministry of Mines and Energy plan to identify mechanisms to apply the advanced technical knowledge and...
UK launches shutdown coal-fired power plants so as not to be left without electricity
After a twofold increase in natural gas prices amid a shortage of nuclear and wind energy, the UK faced a wave of bankruptcies of energy companies,...
The European Commission has filed a lawsuit against Poland at the Court of Justice of the European Union
The European Commission continues to bombard Poland with lawsuits. This time, the reason for the appeal to the Court of Justice of the European...
The Bulgarian manufacturer of rolled copper has studied the capabilities of the Kharkov "Electrotyazhmash"
Representatives of the Sofia Med plant, who visited the workshops of the machine-building plant, were interested in the possibilities of...
Volkswagen to build new battery plant in China
The German automaker has begun building a plant to produce batteries for electric vehicles in Hefei. Volkswagen also owns a stake in Gotion, a...
UK to provide £ 220m in aid to metals and food industries
The British government stated that despite successful transformations in the energy sector, it is becoming more and more difficult to achieve CO2...
German auto giants are betting on hydrogen cars
After the elections in Germany, the Greens will enter the German coalition government and can give a new impetus to the advancement of hydrogen...
Ukraine has chosen 99% of the quotas for the import of sheet steel to the European Union in three months
After the complete exhaustion of the tariff quota, European import duties of 25% begin to apply to exporters until June 30, 2022, after which a new...
Poland refuses to close coal mine despite EU court ruling and € 0.5 million a day fine
The Polish government argues that the Turov mine must remain open to ensure the country's energy security....
Lawsuits filed against BMW and Mercedes-Benz in Germany for refusing to cut CO2 emissions
Leaders of a German environmental NGO are suing automakers BMW and Daimler for refusing to tighten their carbon targets and phase out fossil fuel...
Low-carbon beer: Budweiser and Rusal launch a pilot project
The low-carbon aluminum cans will be bottled at the Budweiser Brewing Group UK&I breweries in Magore, South Wales and Samlesbury, Lancashire,...
UK energy companies file for bankruptcy en masse due to high gas prices
There were 70 energy providers in the UK at the beginning of 2021, but industry sources say there may be as few as 10 remaining by the end of the...
Gazprom will cut transit through Poland and will not book additional capacities in Ukraine
The Russian gas monopoly bought only about a third - 30.75 million cubic meters - of the transit capacities put up for auction via the Yamal-Europe...
The largest metallurgical company in Austria will allocate 185 million euros for research activities
Voestalpine's latest developments include a “smart” cold rolled steel strip that can function as a heating element using conductive paths for...
Elon Musk arranges "Giga-fest" at the Berlin Tesla Gigafactory in Grünheide
Tesla is building a Gigafactory in Germany at its own peril and risk. An environmental permit for the state of Brandenburg has not yet been received....
Australia has hinted to France about breaking the $ 60 billion deal for the past two years
Paris called Australia's cancellation of the submarine deal "a stab in the back," and Foreign Minister Jean-Yves Le Drian said that...
Airbus begins designing a hydrogen-powered aircraft
The French developer has begun the practical implementation of a project to build a hydrogen-powered aircraft commissioned by a New Zealand airline....
Deutsche Bahn decided not to aggravate the situation with trade unions and will pay employees 1,000 euros
The German railway concern Deutsche Bahn and the GDL trade union have settled a dispute over the wages of workers. However, another branch union,...