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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....

Yorkshire industrialist Sir Andrew Cook calls for complete ban on steel imports from China

One of Yorkshire's most prominent industrialists has called for a massive ban on steel imports from China amid fears for the future of the UK...

Volkswagen invests 200 million euros in the development of its dealer network in Germany

The German automotive concern is investing millions of euros to help its German dealerships become the best....

Liberty Steel will sell special steel plant to pay off creditor

The move will allow Liberty to focus on its Rotherham plant, which recycles scrap steel into a new billet....

Financial Times included Metinvest Trametal in Europe's Climate Leaders rating

The Italian metallurgical plant of the Dutch mining and metallurgical holding of Rinat Akhmetov and Vadim Novinsky in 2014-2019 reduced the main...

Liberty Steel has moved millions of UK taxpayers to other countries - Financial Times

Dalzell Steel Works and nearby Clydebridge are the last two major steel works in Scotland, employing around 140 people. During the Covid-19 pandemic,...

Italy conducts the world's first industrial hydrogen testing in a metallurgical process

A 70: 30 mixture of methane and hydrogen has been used in the forging processes used in industrial steel production at a plant in the province of...

European Union will try to reset transatlantic relations - Valdis Dombrovskis

The EU suspends tariff hikes on US tariffs on steel and aluminum following the Biden administration's decision to suspend EU tariff increases...

Republicans criticized Biden for waiving sanctions against Nord Stream 2 AG

The US plans to impose sanctions on four vessels involved in the construction of the Nord Stream 2 gas pipeline and four associated companies, but...

Lamborghini will spend 1.5 billion euros on electrification of the lineup

All Lamborghini vehicles will be hybrid by the end of 2024, with all-electric models arriving by the end of this decade....

Representatives of the EU and Ukraine discussed ways to export strategically important metals and minerals from the country

Cooperation of European and Ukrainian institutions to create a supply chain of critical raw materials to the EU countries became the main topic of...

The Dutch port of Rotterdam plans to create underwater storage facilities for carbon dioxide

The Dutch government intends to fund more than € 2 billion for the construction of a CO 2 catcher and warehouse in the Port of Rotterdam, where Shell...

Interpipe has mastered a new type of railway wheels for Deutsche Bahn passenger trains

Railway wheels are covered with both an operational coating and a temporary one, which will be removed when installing the brake discs and when...

Elon Musk: Tesla plant in Germany will start working in 2021

Having visited the construction site of the Tesla gigafactory near Berlin, Elon Musk expressed his conviction that the production of electric...

US and EU begin negotiations to contain China in the steel market

According to the US Department of Commerce, the negotiators agreed on a joint position on issues that negatively affect bilateral trade....

British law enforcement officials accused Liberty Steel and GFG Alliance of serious fraud

An investigation has been launched against the largest steel group in the UK on charges of large-scale corruption and fraud....

Toshiba's European business is cyberattacked by a group of hackers attacking the Colonial Pipeline

Hackers attacking the American Colonial Pipeline have stolen confidential data from the French subsidiary of Toshiba Corp, Japanese sources say....

German business predicts growth in investment in Russia

The German-Russian Chamber of Commerce expects the situation to improve in 2021 after the collapse in the coronavirus 2020. German machine builders...

Germany adopted a program of "green" restructuring of the national economy

The German government plans to spend 12 billion euros on the energy restructuring program....

Italian steel mill in Romania hires new employees for the first time in a decade

The shortage of steel products has reached Romania, where high-quality hot-rolled steel is produced for the European market....

The French agreed to localize 35% of the production of Alstom electric locomotives in Ukraine

Ukraine has begun preparing a contract for the purchase of Alstom electric locomotives in January 2021. At the same time, cooperation with Alstom in...

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