Sanjeev Gupta said most of his businesses remain “resilient,” although the UK situation is of greatest concern....
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Russia will respond to the European Green Deal by creating a "back-up system" of trade rules
The think tank of the Ministry of Economic Development of the Russian Federation in the field of global trade has for the first time approved the...
Volvo and SSAB Agree to Produce Zero Emissions Green Trucks from Steel
The Volvo Group and SSAB have signed an agreement to collaborate on the research, development, serial production and sale of the world's first...
Copper could be the key to converting CO2 back to fuel
Electroreduction of CO 2 to multi-carbon products paves the way for high-density renewable energy storage....
Volkswagen will build cars that can be used as a backup source of electricity
As conceived by German engineers, electric vehicles can become the missing link in the system of accumulation and distribution of "green"...
European auto industry ready to move to electric vehicles much earlier than 2030 - ACEA
This is hampered by the lack of a legal framework in the EU for the rapid deployment of private charging infrastructure at home and in the...
The China-Europe freight train departs for the first time from the hometown of the discoverer of the Great Silk Road
Amid pressure from supply chain disrupted by COVID-19 and delays in delivery by sea, China-Europe freight trains stand out as a competitive...
Poland's largest coal company intends to increase production and quality of coal
Despite the 2020 crisis, Jastrzębska Spółka Węglowa will not slow down strategic investments, wishing to switch exclusively to coking coal...
Citigroup sues for bankruptcy in London court against Sanjeev Gupta's companies - Financial Times
American investors demand to declare some of the companies of the British metallurgical magnate insolvent and start bankruptcy proceedings....
The program of transformation of coal regions stalled in Poland
The President of the Association of Mining Communities of Poland is confident that the money of the Fair Transition Fund will probably not be enough...
Liberty Steel plans to resume production in the UK next week
Despite the lack of funding, the Sanjiva Gupta metallurgical company will restart the plants that were shut down in mid-March....
European space project will provide Ukrainian Yuzhmash with work for the coming years
Arianespace has signed a contract for the provision of services for the launch on Ukrainian carriers of the next nine Copernicus satellites within...
UK denies financial aid to Liberty Steel
Government officials fear that £ 170 million requested by Sanjeev Gupta will go towards paying off debts in other countries and have hinted that the...
The European Commission prepares to recognize nuclear energy as "green"
In addition, Europe can recognize natural gas as an environmentally friendly fuel....
Two ships flying the Polish flag may be subject to sanctions against Nord Stream - 2
In this regard, Poland canceled the registration of support vessels Krebs Geo and Krebs Jet, as “infringing on the economic interests of the Polish...
German metallurgists will receive a lump sum of 500 euros
IG Metall planned to get the owners of the metal business in Germany to raise wages by 4%, but agreed on lump sum payments....
Liberty Steel requests £ 170m emergency aid from UK government
Sanjeev Gupta told Whitehall that he needed £ 170 million from British taxpayers to keep from declaring bankrupt....
British car production plummets to 10-year low in February
Chip shortages, pandemic lockdowns, regulatory problems due to Brexit have reduced monthly car production in the UK to almost 100,000 units....
German coal-fired power plant operators plan to switch to biofuels
Refusal from coal in Europe is a settled matter, and thermal power plants are gradually being removed from the grid. But with biomass, they can get...
Rolls-Royce buys metal products from Liberty Steel on a prepaid basis and with a large stock
The aircraft engine manufacturer fears being left without steel components in the event of an unexpected turnaround at Liberty Steel's UK plants....
German concern Thyssenkrupp sold six 212 CD class submarines to Germany and Norway
The Norwegian Ministry of Defense said new investments in the submarine fleet are associated with the growing military-political importance of the...
British Prime Minister Boris Johnson promised to increase steel purchases at Liberty Steel
The UK's third-largest steelmaker is asking its customers to make an advance payment on ordered steel products, facing limited funding as a result...
US and Germany Discuss Reducing Excess Steel Capacities
The US Trade Representative discussed with the German Economy Minister the problem of overcapacity in the metals industry....
Heads of European carmakers met with the Vice President of the European Commission for the Green Deal
A meeting between members of the European Association of Automobile Manufacturers and Frans Timmermans was held ahead of the upcoming discussions on...
Abu Dhabi invests around £ 5 billion in the UK economy
The British Prime Minister has instructed the government to remove any obstacles to potential investment in the United Kingdom. The oil-rich Persian...
Volkswagen made the final choice between hydrogen and electric motors
VW's cargo division, the Traton holding with the MAN and Scania brands, is betting on electric motors and curtailing the development of internal...
Germany reduced steel production by 10% amid total shortage
In February, German companies faced difficult weather conditions, which forced them to reduce steel production to a minimum....
British analysts have named the date of the upcoming fall in steel prices
Steel coil prices in Europe are expected to reach a record high and peak in this cycle in late August /early September....
The Prime Minister of Ukraine told the President of the Bundesrat about investment projects in Ukraine
Denis Shmygal told the German official that this year the Ukrainian government faces the task of attracting up to 12 billion hryvnia this year from...
