Sanjeev Gupta lost the first-ever race for distressed metallurgical assets....
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Poland supports introduction of carbon tax at EU borders
The European Commission is working on the introduction of the Carbon Boundary Management Mechanism (CBAM), a border levy, which will come into effect...
Ford invests $ 1 billion in its first European electric vehicle
Ford Europe plans to launch the first all-electric model in Cologne in 2023. The American brand wants to phase out combustion engines entirely by...
Europe invests about $ 150 billion in hydrogen projects - report
Of the 228 announced worldwide hydrogen projects, 55% or 126 projects are in Europe....
Glencore To Pay $ 1.6 Billion In Dividend Amid High Commodity Prices
Glencore has achieved a record high as a listed company, posting $ 3.3 billion in earnings before interest and taxes, capitalizing on the turmoil...
Worldwide steel market has gone crazy - President of the Polish Stainless Steel Association
Huge demand, limited supply, and at the same time a strange situation when prices for Asian steel are higher than prices in Europe. This is a...
ArcelorMittal postpones blast furnace restart in Belgium due to heavy snowfall
ArcelorMittal shutdown blast furnace B in Ghent in September 2020 for reflining and was scheduled to start up in mid-February. ....
All UK Jaguars will be electric cars in 2025
Jaguar Jaguar Land Rover joins the race to develop zero emissions vehicles....
Ukraine and the European Union deepen cooperation on the production of lithium-ion batteries
The EU is ready to support Ukraine in this direction, and therefore will expand the technical support program by an additional 800,000 euros....
Germany's second largest steel company announces force majeure on supplies due to snowfall
Strong winds, snowfalls and ice in northern and central Germany led to a traffic collapse....
EU enacted “enforcement of trade regulation” to circumvent WTO rules
The EU has been given the opportunity to punish its trading partners if they impede effective dispute resolution, for example, by blocking the...
The head of Volkswagen considered hydrogen technologies unpromising for the automotive industry
The words of the CEO of a leading German auto maker sound provocative against the backdrop of the widespread passion for hydrogen mobility...
Raw material prices rise by about 10.5% in January 2021 - Deutsche Industriebank
The world has entered an era of total shortage of raw materials and components, which was caused by a disruption in logistics as a result of a...
Vestas will build the world's largest wind turbines with a height of 260 meters
The Danish group of companies strives to reduce costs in the sector in order to remain competitive with other renewable energy technologies....
Oil giant Shell goes into hydrogen and biofuels, abandoning oil
But for the near future, Shell's spending will continue to focus on oil and gas....
European Steel Association expects improvement in steel demand in Europe by 13.3%
The COVID-19 pandemic has lowered steel consumption forecasts and the overall economic outlook in the EU. However, the low base of comparison with...
In the capital of Greece and its environs due to COVID-19, a "hard lockdown " will be introduced
Quarantine is being introduced due to the growing number of hospitalizations in the metropolitan area and the presence of COVID-19 mutations that...
Thyssenkrupp plans major investment in its steel division
Thyssenkrupp Steel Europe showed good profit for the first time in many months and the group decided to continue the reconstruction and modernization...
Baku Steel Company appoints new director to replace Mammadov, who was arrested the day before
Baku Steel Company is the largest producer of metallurgical products in Azerbaijan and the entire Caucasus, with about 1,500 employees....
German exports in 2020 show biggest decline since financial crisis
For the first time since 2013, the export of goods from Germany “went into negative territory” by more than nine percent....
Laying of Nord Stream 2 in Danish waters is to be completed by the end of April
Russian pipelayer Fortuna resumed construction of a gas pipeline in Danish waters on February 6, the same place where US sanctions stopped it one...
Poland becomes the largest supplier of electric buses in the European Union
Despite the COVID-19 pandemic, the export of Polish electric buses has accelerated. Poland has become the largest exporter of electric buses in the...
Rolls-Royce suspends production of jet engines for the first time in its history
The company is in talks with unions to improve the productivity and efficiency of its civil aerospace operations in the UK by 10%....
UK may impose "excess profits tax" on companies that got rich from pandemics
Amazon and the online giants will face tax pressure from skyrocketing sales in London's bid to plug a budget hole....
All Porsche cars will soon be electric except the Porsche 911 - Oliver Bloom
The automaker wants to save the legendary sports car from global climate madness by converting its internal combustion engine to biofuel....
EU economy will not be able to return to pre-pandemic level before mid-2022 - Lagarde
Europe is likely to face the third wave of the coronavirus pandemic, which will be almost useless to fight with quarantine measures....
BMW orders 43,000 tonnes of green aluminum in Emirates in a race for zero emissions
The value of the contract was not disclosed, but according to market participants it will be several billion euros....
The United States began negotiations with Germany to lift sanctions from Nord Stream 2
For the first time, the United States signaled its readiness to begin a dialogue on lifting the sanctions on Nord Stream 2, German media said....
Elon Musk's Berlin plant will receive a billion dollars in subsidies from the German government
The German government will grant a subsidy to the enterprise of the world's richest businessman in support of the battery industry in Europe....
ArcelorMittal increases prices for rolled metal in Europe for the fifth time in three months
The new rise in steel prices was caused by the continuing supply shortage in the European market....
