The Hinkley Point C nuclear power plant is the first power plant to be built in the UK in over 20 years....
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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...
Police catch homeless people ahead of G7 Summit in Cornwall - Euronews
Before the G7 summit, British Cornwall was flooded with secret agents from different countries and a whole army of police officers. The local...
The largest metallurgical company in Austria predicts profit growth of at least 1.5 times
voestalpine expects the global economy as a whole to continue its upward trajectory, at least until the end of calendar 2021. In addition, the...
The EU supervisor will decide by July 9 to sell the assets of Liberty Steel France to ArcelorMittal
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Belgium will provide a loan to Liberty Steel only for it to sell its plant and leave the country
On May 11, 2021, by a Belgian court decision, Liberty Steel received temporary protection from creditors for its Liberty Liege-Dudelange division,...
Bosch opens new chip factory in Dresden six months ahead of schedule
The billion-dollar investment will help Bosch overcome the bottleneck in the automotive industry....
Ukrainian manufacturer Centravis starts supplying stainless pipes for European motorcycles
Nikopol Stainless Pipes Plant will produce 3,300 meters of pipes for the exhaust systems of premium motorcycles and high-performance vehicles....
German industry showed unexpectedly weak results in April
Statisticians in Germany recorded a decrease in the monthly index of orders in the industry at the level of 0.2 percent. Economists attribute this...
The carbon tax on imported steel in the European Union will begin to be levied in 2023
Exemptions from the carbon tax when goods cross the EU border can be obtained by countries with a similar European emissions trading system or the...
German companies face critical staff shortages - Handelsblatt
The German economy lacks not only wood, steel or computer chips, but also people. Only in the 30 largest companies in Germany, the labor shortage is...
International financial institution refused to invest in green projects in Ukraine
NEFCO said that the problems that have arisen in the renewable energy sector of Ukraine due to the actions of the authorities threaten further...
Denmark withdrew permission to build a gas pipeline from Norway to Poland
The kingdom's authorities issued the permit in 2019, but now the regulator has withdrawn it due to "insufficient knowledge" of the...
The owner of "Zaporozhkran" received an order for a gantry crane from the US Navy
The equipment will be installed at the Pearl Harbor Naval Shipyard....
G7 countries plan to create Western alternative to China's Silk Road initiative
The G7 countries, under pressure from the United States, are planning to make a decision on a global partnership in the field of infrastructure....
Italian court jails steel plant owners for 20 years for environmental violations
A court in Taranto also sentenced 24 former Ilva leaders, consultants and local politicians to prison, including the former head of the region...
