The new gigafactory is expected to employ around 3,000 people, fully utilizing clean energy....
Europe
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...
Ukrainian officials discussed the possibility of cooperation with the Netherlands on hydrogen
Hydrogen energy can become a promising area of cooperation between Ukraine and the Netherlands, according to the State Energy Efficiency Agency....
ArcelorMittal Increases Coil Prices For European Customers Again
This week the increase was less than the previous one - 20 euros per tonne. Market participants assess this step as a gesture to support the market...
Deutsche Bahn trains will start operating at 265 km /h from August
Currently, trains on high-speed lines of Deutsche Bahn can move at a speed of no more than 250 kilometers per hour....
Liberty Steel bought the Polish metallurgical plant Huta Częstochowa
The Polish metallurgical plant ISD Huta Częstochowa was leased to the British group of companies Sanjiv Gupta at the end of December 2020....
Rolls-Royce opens world's largest aircraft engine test facility
The engineering company invested £ 90 million in the new booth. Its construction took about three years....
The German Ambassador reminded the head of the Ministry of Energy of Ukraine about the EU's interest in hydrogen supplies
Herman Galuschenko and Anka Feldgusen noted the importance of the Statement on German-Ukrainian Energy Partnership signed in August last year....
