The European vehicle market grew last year in all countries of the bloc with the exception of Hungary....
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Vestas plans to build a second offshore energy plant in Poland
The new wind turbine blade factory is planned to be located on a site in the northern part of Szczecin, which Vestas acquired in February 2023....
ArcelorMittal increases steel coil prices by 50 euros to 800 euros per tonne
The move comes as contract negotiations continue with automakers and the wider supply chain, with most factories trying to secure contract extensions...
ArcelorMittal refuses to buy Polish electricity supplier
ArcelorMittal is currently involved in separate legal matters with Liberty as it seeks payment of a €140 million arbitration award related to...
The EU hot-rolled steel market will enter 2024 with weak demand, higher production and uncertainty over trade measures
European hot rolled coil prices showed signs of recovery towards the end of 2023, but the basis for a continuation of this trend into 2024 appears...
The launch of blast furnaces in the Czech Ostrava is in jeopardy due to disputes with the energy supplier
Tameh Czech is the sole energy supplier to the Ostrava smelter, so its shutdown means Liberty will not be able to restart its blast furnaces or...
The largest metallurgical company in Europe left the Kazakh business
The mining and metallurgical holding of British businessman Lakshmi Mittal sold its assets in Temirtau to the government of Kazakhstan for a billion...
Losses of the Ukrainian company Interpipe due to the blockade of the Polish-Ukrainian border exceeded $1.2 million
In addition to the already calculated direct losses, Victor Pinchuk’s pipe company expects large claims from its European consumers and the...
The Czech Republic has joined a coalition calling for a phase-out of coal-fired generation by 2030.
PPCA is a global coalition of governments and local actors that calls on all its members to commit to phasing out coal by 2030....
European prices for long rolled steel continue to rise despite the start of winter
The reason for the increase was limited supply from manufacturers due to a series of planned service stops....
ArcelorMittal stops production of steel pipes in Poland
According to the official version of the company, the largest producer of rolled metal in the European Union will stop the production of steel pipes...
Volkswagen will launch a base-level electric vehicle platform aimed at the Chinese market in 3 years
The German automaker's total investment in China will exceed a billion dollars, and the new industrial park will employ more than 3,000 people....
Polish activists “stabbed in the back” Ukrainian pipe makers - Ukrtruboprom
Transportation of Ukrainian pipes to Europe is blocked at the Ukrainian-Polish border by activists demanding the return of international road...
Liberty Steel blast furnaces in Europe continue to remain idle
Sanjeev Gupta's metallurgical company has stopped its smelting units in Romania and the Czech Republic and does not yet see the possibility of...
ArcelorMittal announced its entry into the additive manufacturing market
ArcelorMittal is building an industrial-scale atomizer in Spain to produce high-quality steel powders for various additive manufacturing technologies....
Alstom to cut more than 1,300 jobs at UK plant
The union says there is a real risk that the UK will lose an investor like Alstom or the rail industry altogether as a result of mass layoffs at some...
German industrial production fell much more than analysts had forecast in September
German industrial production fell more than expected in September, data showed on Tuesday, as a recent slump in incoming orders weighed on output....
British Steel will shut down its blast furnace, putting up to 2,000 jobs at risk
British Steel plans to close its Scunthorpe blast furnace, putting up to 2,000 jobs at risk....
Spanish steelmaker Acerinox's net profit halved due to weak steel market
Weaker demand in Europe this year due to economic uncertainty and higher interest rates has weighed on steel company earnings, which hit record...
The Chinese steel lobby intends to seek the reversal of new EU environmental initiatives
China steel association CISA says the EU carbon tax is a new trade barrier and calls for further negotiations....
Europe's steel sector faces recession in 2024
War, an unresolved energy crisis, high inflation and tightening economic conditions have created uncertain prospects for the European steel...
European steel producers are trying to make money from British Steel's problems
ArcelorMittal yesterday announced a price hike of £30 a tonne based on higher costs after British Steel told customers it was demanding £20 a tonne...
EU-US steel and aluminum talks: $10 billion deadlock
Failure of the parties to reach an agreement by October 31 will mean that $10 billion in export tariffs between the EU and the US will automatically...
Natural gas prices in Europe exceeded €50/MWh for the first time since April
Due to military operations in Israel, the Tamar field, from which gas flowed to Egypt and had to be used, was closed for further LNG production and...
Thyssenkrupp Aerospace and Boeing have extended their long-term partnership
Thyssenkrupp Aerospace and The Boeing Company have signed a new contract, continuing a partnership that has existed since 1998. Under the agreement,...
Europe's largest copper producer robbed - losses could amount to hundreds of millions of euros
Aurubis AG has found discrepancies in stock and delivery figures for the German copper processing division. The case is handled by the German...
European stainless steel makers move to US amid falling EU profits
As a result of recent events in the markets of Europe and the US, the difference in prices for stainless steel exceeded $1,350 per ton in favor of...
EU investigates stainless steel exports from Indonesia
The European Commission has launched an anti-circumvention investigation into imports of cold rolled stainless steel flat products of Indonesian...
European steel market to be opened for imports - Salzgitter
Last year, the European Commission extended protective measures in the steel market in the form of import quotas for one year from June 2023, but now...
