The proposed actions will increase carbon sequestration by increasing the area of forest plantations, which will help mitigate the effects of...
Europe
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....
Poland starts producing Soviet-style tram rails according to European standards
The Polish metallurgical plant Huta Królewska has mastered the production of new rail profiles, including the P-50 tram rails intended for delivery...
G20 Finance Ministers Sign Global Tax Agreement at Venice Summit
In their joint statement, the finance ministers of the G20 countries called the agreement historic, noting that discussions on its terms have lasted...
Fuselages of all Airbus A220 aircraft are manufactured in China
The 100th central fuselage section of the Airbus A220 rolled off the assembly line of the Chinese company SAC Commercial Aircraft International Ltd....
Chinese mining giant donates water system to Serbian village
The donation will enable all households in a village about 10 km south of Bor to receive drinking water by early November....
Thyssenkrupp receives the largest order in the history of the company for the construction of 6 submarines
The Norwegian and German navies will receive the most advanced submarines in the world by integrating advanced technologies to expand the U212 family...
European Commission imposed fines of 875 million euros on Daimler, BMW, Volkswagen, Audi and Porsche
According to European officials, the five automakers have entered into an illegal conspiracy to limit competition in diesel emissions cleaning...
Novokramatorsk Machine Building Plant fulfills an order for the Romanian plant of Liberty Steel
The second batch of segments of the slab continuous casting machine for the Liberty Galati metallurgical plant was manufactured in Kramatorsk....
EU economy to grow at record pace in decades this year - Economic Commissioner
The European economy is forecast to recover faster than previously expected, as activity in the first quarter of the year exceeded expectations and...
Croatian company Rimac will buy 55% of the ultra-luxury brand Bugatti
The deal marks the end of an era for Bugatti, one of the most recognizable names in the world of super-luxury cars, after two decades owned by...
Gas price in Europe skyrocketed to $ 464 per thousand cubic meters
On Tuesday morning, the Yamal-Europe gas pipeline, which runs from Russia through Belarus and Poland to Germany, will be undergoing scheduled...
German Saarstahl agreed to acquire French metallurgical plants Liberty Steel
Saarstahl intends to expand its product portfolio and start producing steel from scrap metal. The negotiations are expected to be completed by the...
The European Union is preparing a new program to stimulate the production of electric vehicles
The head of the European Union for green policy has announced more stringent plans than at the beginning of the year to stimulate the spread of...
European stainless steel buyers require factories to take orders one year in advance
EU stainless steel makers are in no rush to open 2022 order books to buyers, hoping to squeeze the maximum profit out of the shortage....
Ukraine has completely exhausted quotas for the supply of steel to the EU, except for three types of metal products
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Germany will increase funding for decarbonization projects in the steel industry
According to thyssenkrupp, the German steel industry will need 2 billion euros by 2030 to start transition projects and up to 8 billion euros to...
The European Commission has extended the protective measures on the import of steel into the region for another three years
Earlier, the member states of the European Union supported the proposal of the European Commission to extend the measures in force in the region to...
Liberty Steel said it is ready to pay off debts to creditors after restructuring
The restructuring will support Sanjeev Gupta's efforts to refinance the group, fueled by stronger core assets and record steel, aluminum and iron ore...
Volkswagen to stop selling cars with internal combustion engines in Europe by 2035
According to Volkswagen's Sales Management Board member, this will improve the brand's position if the European Union further tightens its climate...
The decision of the Russian Federation to restrict the export of steel provoked an instant reaction from producers in Europe
Immediately after the Russian government announced the introduction of export duties on steel from August 1, the largest steel producer in Europe,...