Representatives of the Hungarian nuclear power plant discussed the current cooperation with Turboatom, as well as the prospects for its development....
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The owner of Zaporozhkran won a service contract for the maintenance of equipment of the Swedish LKAB
Finnish Konecranes, which owns the Zaporozhye crane plant, will service the equipment of the Swedish international mining company LKAB....
Norway suspends sale of Rolls-Royce assets to Russian company for security reasons
Britain's Rolls-Royce announced the planned sale on February 4 as part of a cost-cutting plan to help the aircraft and ship engine manufacturer...
France to help steelmakers hit by Greensill bankruptcy - finance minister
In Europe, fears of the loss of several thousand jobs are growing due to the financial problems of the British Liberty Steel, which is closely...
Germany surpasses the United States in sales of new electric vehicles and hybrids
In 2020, almost 395 thousand electric vehicles and hybrids were sold in Germany, and 322 thousand in the USA. China remains the largest market....
Bosch launches automotive chip plant in Dresden
Fully automated production and real-time data exchange between machines will make chip production in Dresden extremely efficient....
Eurozone investor morale at its highest rise in 12 months
The ongoing vaccination and rising inflationary pressures give confidence and optimism to European investment funds....
Coronavirus drove Belgian skiers to the slopes of the Charleroi waste heap (Video)
Charleroi, Belgium, today is an industrial region with closed mines, dilapidated factories, total abandon, mud, devastation and people with low...
Poland could lead the race in hydrogen steel technology
Polish scientists have developed a new method of making steel directly from iron ore using hydrogen from hydrocarbon gases....
Siemens Energy promised Deutsche Welle to closely monitor democracy in Belarus
Opposition Belarusians and the diaspora have a new form of struggle against the Lukashenka regime. But the wrong German company was under attack....
US and EU suspend the collection of duties that were imposed against each other during the Trump administration
US President Joe Biden and European Commission President Ursula von der Leyen also agreed on a coordinated foreign policy, including towards Russia...
Sanjeev Gupta Metallurgical Alliance Stops Paying Greensill Loans
The fates of two British nouveau riches Lex Greensill and Sanjeev Gupta are closely intertwined and not only by mutual financial obligations....
Lufthansa has a record loss of 6.7 billion euros in 2020
Deutsche Lufthansa AG, better known as Lufthansa, is Germany's flagship airline and Europe's largest aviation concern, which also includes...
Liberty Steel changes its mind about buying Hungarian steel mill Dunaferr
A possible reason for Liberty's withdrawal from negotiations with the Hungarian government, which started at the end of January, could be...
UK Raises Tax Rates for Large Businesses to 25%
Companies with revenues of more than £ 250,000 a year or more will be taxed at 25% from 2023....
British unions fear thousands of jobs to be lost due to Sanjiv Gupta's financial woes
Recent concerns about future difficulties in refinancing Greensill's liabilities and Sunjawa Gupta's business are of serious concern to...
The United States expands the list of organizations associated with the development of Russian chemical weapons
The US Department of Commerce has imposed sanctions against 14 organizations located in Russia, Germany and Switzerland in connection with the...
Britain denies loan guarantees for metallurgical holding GFG Alliance
British investment fund Greensill has lost its government guarantee on loans to steel tycoon Sanjeev Gupta....
Spread between raw materials and high strength alloy steel in Europe increased in price
Hot rolled coil spot prices in Europe rose to an average of € 723.85 per tonne in February. Scrap prices are falling, while coking coal prices...
The Enhanced Partnership Agreement between the EU and Armenia comes into force on March 1
The Comprehensive and Enhanced Partnership Agreement between the European Union and Armenia comes into force at the height of the political crisis in...
Germany's second largest private bank closes branches in 15 countries
Commerzbank, which received about 3 billion euros in net loss in 2020, announced for the first time in which countries its branches and branches...
University of Sheffield engineers announce breakthrough in high-strength steel production
A new breakthrough in steel production that could help reduce carbon emissions in the automotive industry, among other things, was made by engineers...
European officials urge World Bank to stop fossil fuel investment
In Exclusive material by Reuters, it is reported that the World Bank will no longer finance projects for the extraction and processing of oil, gas...
ArcelorMittal has raised prices for galvanizing for the European market to 900 euros per ton
The largest producer of steel in the EU did not increase prices for hot rolled steel, probably fearing an influx of imports from Russia and India....
The European Commission initiated a new investigation on steel imports to extend quotas
The European Commission launched a new investigation today to decide whether to extend safeguards on steel imports....
ArcelorMittal is preparing to announce another price increase in the next few days
While the extent of the increase is not yet clear, most expect the official HRC price to rise by € 30 /t to reach € 780 /t. The hot-dip galvanized...
The Ministry of Energy of Ukraine discusses with the Czech Republic the idea of producing small modular nuclear reactors
Small modular reactor technology is recognized as one of the most promising in the construction of nuclear power plants....
LIBERTY Steel Group will build a hydrogen smelter in Dunker, France
According to Sanjeev Gupta, France is an ideal place to test new technologies, thanks to its strong industrial heritage, skilled workforce and low...
Metinvest's Bulgarian plant has reached a record level of steel production
Located near the port of Burgas, the rolling mill of Rinat Akhmetov and Vadim Novinsky significantly increased the production and sales of steel...
British car enthusiasts will be paid £ 3,000 to stay in their garage
Payments will be offered to owners of vehicles with diesel and gasoline engines that rolled off the assembly line before 2016 and before 2006,...
