The Parliamentary Business Committee has launched an official investigation into Liberty Steel following the collapse of its largest lender,...
Europe
The laying of the Nord Stream 2 gas pipeline began in Danish waters
The pipe-laying vessel is carried out by the pipe-laying vessel "Akademik Chersky " and the barge "Fortuna ", which started this...
European Metallurgical Association Eurofer Seeks Restrictions on Scrap Metal Exports
The reason for the export restrictions at Eurofer is the environmental violations of the recipients of European scrap in other countries....
Helsinki and Tallinn will be connected by a tunnel designed by the developer of the game Angry Birds
The underwater railway tunnel aims to turn Helsinki and Tallinn into a single metropolis....
Poland is thinking about creating a metal supply chain for the economy of the future
The world is moving towards decarbonization and the production of electricity from renewable sources, the construction and operation of which...
ArcelorMittal and 11 other companies including Shell and Airbus form a hydrogen consortium
The main goal of the consortium will be the creation of a metallurgical production in Hamburg, operating with electricity from a hydrogen-fueled...
Electric vehicles accounted for 5.7% of all new cars sold in Europe in the first quarter
Sales of electric vehicles in the European Union grew by 59.1% in the first quarter compared to last year and reached 146.2 thousand vehicles....
Ukrainian trolleybus manufacturer wins Škoda Electric in Czech Republic for the first time in history
The Czech-Ukrainian association won the Škoda Electric competition: a price of 71.4 million kroons was set for six trolleybuses, and 82.74 million...
ArcelorMittal Raises Hot Rolled Steel Prices in Europe Above € 1,000 /Ton
Experts point to a growing supply deficit for hot and cold rolled sheet steel in the EU, including a sharp rise in import prices....
Tata Steel sues its rival Liberty Steel to pay debts
Sanjeev Gupta's company never paid the Tata Group £ 100 million for its special steel mills....
American fertilizer producer orders green ammonia electrolyzer from ThyssenKrupp
Start signal for decarbonization of ammonia production: ThyssenKrupp has been awarded a contract for a clean hydrogen installation from CF Industries....
The European Commission has not included nuclear energy in the list of "green" sources
The European Commission has temporarily excluded nuclear energy and natural gas production from the Green Financial Taxonomy. This is the name of the...
EU approves targets to reduce greenhouse gas emissions by 55% by 2030
Negotiators from the EU and the European Parliament agreed to toughen the limits on greenhouse gas emissions by 2030 by a third....
Ferrexpo board of directors proposes to quadruple dividends for 2020
Ferrexpo announced today that it released its annual report and financial statements for the year ended December 31, 2020....
Onshore section of Nord Stream 2 launched in Germany - Deutsche Welle
The fate of the Nord Stream 2 gas pipeline is still in question, but its onshore extension in Germany has already been built and commissioned in...
Sanjeev Gupta's first three steel plants go bankrupt
The first victims of the financial crisis of the GFG Alliance were three small French factories employing 850 people....
German environmental organization Deutsche Umwelthilfe filed new lawsuit against Nord Stream 2
The claim to the Hamburg Administrative Court is directed against the continuation of the construction work of Nord Stream 2, especially during the...
Denmark buys 100 electric trains from French Alstom for $ 3.2 billion
Denmark's rail operator said it plans to purchase 50 more trains at a later stage....
David Cameron declares his innocence in the problems of Liberty Steel and GFG Alliance
The former UK prime minister sees no violation of the law in his lobbying for bankrupt fintech startup Greensill Capital....
Liberty Steel Owner Says Aggressive Lender Actions Threatens 35,000 Jobs
Sanjeev Gupta said most of his businesses remain “resilient,” although the UK situation is of greatest concern....
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....
