The Norwegian and German navies will receive the most advanced submarines in the world by integrating advanced technologies to expand the U212 family...
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Thyssenkrupp receives the largest order in the history of the company for the construction of 6 submarines
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,...
Nuclear power plant in Great Britain will be built from Ukrainian materials - Centravis
The Hinkley Point C nuclear power plant is the first power plant to be built in the UK in over 20 years....
EU introduced economic sectoral sanctions against Belarus
This is the fourth package of European sanctions against Belarus over the past 2 years. It is directed against key areas of the Belarusian economy....
The European Commission has opened an anti-dumping investigation of imports of galvanized steel from Turkey and Russia
Discussions among market participants about a possible investigation of zinc imports into the European Union, which could lead to the introduction...
Tesla in Germany faced problems and it is unclear when it will be able to launch its "gigafactory"
Snakes, rare spruce and bureaucrats have stood in the way of the launch of a € 7 billion German Tesla plant that employs more than 12,000 people....
Ukraine and Great Britain agreed on the joint construction of warships
The Secretary of State for Defense Procurement of the United Kingdom and the Deputy Secretary of Defense of Ukraine signed a memorandum on the...
European steel market is in confusion: price growth has slowed down, but no one expects a fall either
In early June, the dynamics of steel coil prices in Europe became unclear. Growth rates have slowed down. The automotive industry has cut steel...
Volvo and Northvolt to build an electric battery factory
The new gigafactory is expected to employ around 3,000 people, fully utilizing clean energy....
German Saarstahl announces purchase of two French steel mills Liberty Steel
Saarstahl has confirmed its offer to the Liberty Steel Group to acquire two of its steel plants, Liberty Ascoval and Liberty Rail Hayange....
SSAB agrees with Volvo to supply and refine HYBRIT decarbonized steel
The move to green steel is getting a big boost from Volvo, which will be the main customer for a state-of-the-art mild steel plant in Sweden....
German metallurgists have created steel that reduces the unpleasant noise of the car's electric motor
The new composite steel patented by ThyssenKrupp Steel is particularly suitable for noise reduction in the construction of electric vehicles....
EU and US agree to lift bilateral import duties on steel and aluminum
Representatives of the EU and the United States have reached an agreement in principle to end the trade dispute, which has lasted since 2019 and is...
The European Union issues the first patent for steelmaking using hydrogen and biogas
Voestalpine has developed an industrial-scale fossil-free steelmaking process and obtained intellectual property rights for this process from the...
EU stops financing new cross-border oil and gas projects
During the transition period until December 31, 2029, certain hydrogen assets converted from natural gas assets may be used to transport or store a...
Philips recalls up to four million ventilators
Philips has launched a corrective action program to address the risks of a range of sleep and respiratory therapies....
European Union extends protective quotas on steel supplies for another three years
In 2018, the European Union set for different countries of the world the volume of quotas for the import of metal products, in case of exceeding...
