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Manufacturer of wind turbines Vestas increased its net profit by 55%

the Fight against climate change, fueled the demand for renewable energy sources, has boosted the revenue growth of one of the world's largest...

Finnish Outokumpu became the largest producer of steel in the world

the Company opened a new mill in Sweden, whose power has enabled Outokumpu to assert his leadership in the production of stainless steel....

The IMF has lowered its growth forecast for the EU economy

Growth in Europe will decline from 2.3 per cent in 2018 to 1.4 per cent in 2019, according to a new report by the Fund....

Voestalpine reported a sharp reduction in income

the Largest steel company of Austria reported that its operating profit in the first half of 2019 – 2020 has decreased by more than 50%....

The Prime Minister of Italy has said it will not allow ArcelorMittal to flee the country

ArcelorMittal, the world's largest steel producer, said on Monday that he refused from the deal to buy Europe's largest steel plant Ilva in the...

The judges from Uruguay, Chile and the Philippines rassmatrivajut the claim of the EU against the USA

the European Union has started a legal battle against the United States in the world trade organization over tariffs on steel introduced by Donald...

Volkswagen launched the production of electric vehicles costing less than 30,000 euros

ID.3 has already received 35,000 orders from different countries. Customers in Europe will begin receiving the electric car in the summer of 2020....

ArcelorMittal refused to buy the plant ILVA in Italy

Removing the legal immunity of heads of steel and attracting them to criminal liability for air pollution in Taranto was the reason for the failure...

The Brits are terribly worried about the possible sale Britih Steel Chinese

British prejudices can impede the transaction saving more than 5,000 jobs and a city in the North of England....

Tata Steel decided to compete with SSAB in the wear-resistant steel market

The Indian company will present in Stuttgart a direct contract for the most popular wear-resistant Hardox® 450 steel grade in Europe....

Steel prices in Europe fell to an annual minimum

the Difference in price of finished steel and raw materials in Europe fell below 250 euros per ton, which makes manufacturers to cut investments and...

Trade of steel will be the core of the German company Thyssenkrupp

German steel and engineering company Thyssenkrupp intends to stay only metallurgical, considering it the most advantageous direction in the future....

Seeing Jean-Claude Juncker from the post of President of the European Commission again postponed

European Commission President said that he was tired and looked forward to this day after five grueling years of work....

Bombardier sells the company produces wings for Airbus

American Spirt AeroSystems is on the verge of the transaction, and the announcement of the sale may appear today....

Eurofer expects demand for steel in the EU by 3.1% and sees no bottom

in the second quarter of 2019 the problems faced by the steel sector of the EU, have become more serious, with even more negative consequences for...

The Gupta family comes out of the shadows: announced the creation of a new metallurgical Corporation

GFG Alliance, the parent company of the Gupta family, will unite the assets acquired over the last 5 years, in a mega-Corporation with an annual...

British ministers want to put an end to the murky history with British Steel

UK ministers are set to begin talks with the steel industry next week amid fears over thousands of jobs in the sector....

The European Commission does not have time to collect the full composition of the commissioners until November

The European Commission has 3 vacancies and one more in a "suspended state" because of Brexit....

British Steel tries to sell to Turks with the help of a dubious consultant

City Sales Representative Jan Hannam, was fined £ 450,000 in 2012 for market abuse. It was he who advised potential Turkish buyers....

Truck with 39 corpses found in British Essex, mass murder suspect arrested

A truck with 39 corpses was found in British Essex, the police report the arrest of a man suspected of involvement in the crime....

Retail prices for petroleum products in the European Union continued to fall

In the European Union, retail prices for gasoline and diesel fuel continue to fall by 0.5 - 3% per week....

Profit of the Swedish SSAB was three times lower than analysts' expectations

Quarterly profit of the largest producer of stainless and special steel in Europe fell 9 times due to weak demand and low prices....

Schmolz + Bickenbach announces crisis in the steel market

Uncertainty in the most important end markets, such as the automotive industry, which transcends the usual cyclicality, has led to a crisis in the...

European steel buyers expect further price reductions

British think tank MEPS has published a new forecast for the EU steel market for the first time in many months. And this forecast cannot be called...

Young Germans dream of working in the automotive industry

In 2019, the first places in the ranking of the most popular employers among those who graduated and work in Germany are occupied by the automakers...

American tanks Abrams and BMP Bradley appeared on the border with Belarus

Lithuania said that this is a message from Russia that the United States is involved in its containment....

Liberty Steel wants to catch a fish in a murky story with British Steel

Billionaire Sanjeev Gupta has resumed talks with the British government over a takeover of British Steel amid growing concerns over the prospect of...

ArcelorMittal may stop the largest metallurgical enterprise in the European Union

Italy's governing coalition has decided to waive the legal guarantee it previously provided to the ArcelorMittal steel mill in Taranto....

The muddy story with the sale of British Steel to the Turks may end in a complete fiasco

The Turkish military pension fund may refuse to buy the bankrupt British metallurgical company, as some of its transactions for the supply of...

German Transport Minister Says Hydrogen Powered Future

The German Federal Ministry of Transport has allocated an additional 23.5 million euros for hydrogen mobility projects....

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