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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...
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...
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...
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...
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...
