The Kingdom urgently needs about 100 thousand drivers. Those companies that can afford to attract workers with higher wages; but this affects...
Europe
Mercedes-Benz to start buying fossil-free steel from SSAB
No later than 2039, the fleet of new Mercedes-Benz passenger cars will be CO2-neutral along the entire value chain, including the supplier network....
Italian engineers develop anti-hacker rolling mill
Danieli Automation's dedicated cybersecurity team has developed and implemented a custom ecosystem at the ABS QWR4.0 rolling mill to ensure...
ArcelorMittal Temirtau places large new order for metallurgical equipment at Danieli
The owner of a Kazakh metallurgical plant has promised to invest $ 3 billion over 10 years to modernize the enterprise. In Kazakhstan, they called...
Gazprom's net proceeds from gas sales to Europe increased by 93%
Adjusted EBITDA increased by 134% for the six months ended June 30, 2021 compared to the same period last year and amounted to RUB 1,403,981...
Tallinn plans to create a green hydrogen hub in the Baltic
The Estonian port of Tallinn intends to develop infrastructure for renewable energy in the Baltic Sea region, with a focus on hydrogen supplies....
Gas in Europe has risen to almost $ 600 per thousand cubic meters
Gazprom Export last week stopped selling gas for 2022 on its Electronic Trading Platform, which led to another increase in prices on European gas...
Rise in European steel prices to dizzying levels finally fizzled out - Bloomberg
However, new records are awaiting on the US steel market, which is facilitated by tariffs on imported metal products, which President Joe Biden is...
Ukraine will buy 90 Swiss Stadler trains for a loan from Switzerland
For the first time in history, export financing from Switzerland is attracted at the state level, which will be directed to the development of...
European Commission gives Germany 2.25 billion euros in financial assistance
This is the first payment under the program totaling 25.6 billion euros, which will be used to decarbonize the German economy, digitalize public...
Ukraine and Great Britain moved to the practical implementation of the maritime partnership project
The project provides for the joint design and construction of warships in Ukraine and the UK, as well as the construction of the infrastructure of...
Nord Stream loses case to exempt Nord Stream 2 from EU directives
Nord Stream AG проиграла в Высшем региональном суде Дюссельдорфа дело о монопольном использовании газопровода «Северный поток – 2» российским...
Volvo buys world's first fossil-free steel
SSAB produced the world's first fossil-free steel and delivered it to the customer....
Naftogaz and RWE signed a memorandum of cooperation in the development of hydrogen projects
NJSC Naftogaz of Ukraine and the German gas distribution company RWE Supply & Trading have agreed to cooperate in the development of hydrogen...
Audi to suspend production at headquarters in Ingolstadt due to chip shortages
The problem of the shortage of electronic components has affected the entire automotive industry and continues to be a deterrent for automakers....
Volvo and Nissan plants suspend car production due to chip shortage
Recall that the shortage of chips, due to which a number of large automakers are forced to cut production volumes and even "cut" the...
Deutsche Bahn workers go on strike demanding payment of promised bonuses
Germany is on vacation, and the strike threatens to seriously disrupt the plans of thousands of Germans. The railroad workers are criticized for...
In Ukraine, the potential losses were estimated at a billion euros after the introduction of a carbon tax in the EU
The losses of Ukrainian metallurgical companies from the introduction of the EU carbon tax may exceed a billion euros per year, according to...
Exchange gas prices in Europe have set a new absolute record exceeding $ 550 per thousand cubic meters.
All this is happening against the backdrop of a decrease in the supply of liquefied natural gas (LNG) to Europe by about 20% compared to last year,...
Thyssenkrupp sold two business lines in a week, considering them unprofitable
Just a week ago, it was announced the sale of the production of mining equipment, and today it became known about the deal on the infrastructure...
Rolls-Royce lost 90 million euros on the sale of the Bergen Engines plant, but did not give it to Russia
Rolls-Royce sold the Norwegian manufacturer of diesel and medium-speed gas piston engines Bergen Engines to the British engineering concern Langley...
Russian "Gazprom" stops pumping gas into underground storage facilities in Europe
The European gas balance is currently in dire shortage. At the beginning of this week, gas quotes on exchanges in the EU reached $ 520 per thousand...
London to triple financial support for opposition in Belarus - Boris Johnson
The head of the British government made a corresponding promise during Svetlana Tikhanovskaya's visit to London - the last stop of the leader of the...
ArcelorMittal promises to cut CO2 emissions by 35% by 2030
For these purposes, the largest metallurgical company in the world intends to spend up to $ 10 billion. A billion of them will be invested in...
Gazprom cuts gas pumping into underground storage facilities in Europe and reduces transit through Belarus
Russian gas supplies to Europe via Belarus fell by a third over the weekend, exacerbating the acute shortage of hydrocarbons in the EU market....
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 up 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...