According to the CEO of a Dutch mining and metallurgical holding, a loophole that gives many Russian producers a two-year delay in importing Russian...
Europe
Demand for new passenger cars continues to grow rapidly in the EU
However, the European automotive market is still seriously behind the pre-pandemic levels of November 2019....
ArcelorMittal steel plant in Poland refuses to restart blast furnace due to lack of orders
ArcelorMittal Poland shut down Blast Furnace No. 3 in early September amid a slowdown in economic activity in Europe, lower demand, higher levels of...
Europe introduces border tax on carbon emissions
After late-night negotiations, the European Union approved a political deal early on Tuesday to impose a carbon tariff on imports of polluting goods...
UK approves construction of new coal mine for the first time in 30 years
For the first time in decades, London has given official permission to put into commercial operation a new coal mine that will supply coking coal to...
Sanjeev Gupta may lose control of his steel plants in Belgium
The two Belgian steel mills, which together employ about 650 people, are operated by GFG's steel division, Liberty Steel Group. GFG acquired the...
The European Council added the violation of restrictive measures (sanctions) to the list of EU crimes
The European Council today unanimously decided to add the violation of restrictive measures to the list of "EU crimes" included in the...
Australia and the UK aim to catch up and overtake China in the battery metal sector
Critical minerals businesses in Australia and the UK plan to create an integrated battery supply chain to prevent Chinese companies from monopolying...
EU new car market continues to recover in double digits
The market for new passenger cars in the EU grew in October by 12.2% compared to September; in annual comparison for 10 months of this year, the drop...
Volvo starts deliveries of electric trucks made of fossil-free steel
Volvo Trucks' adoption of fossil-fuel-free steel fits well with the fact that about 30% of the materials used are derived from recycled...
The European Union has sharply increased purchases of Russian titanium
According to the statistical service of the European Union, in September, exports of Russian titanium to the EU increased by 39% to 578.7 tons....
UK extends ban on Russian gold imports
The supply of gold processed in third countries and containing gold from Russia is now prohibited, as well as the import of gold jewelry, expanding...
EU extends anti-dumping duties on cold rolled steel from China and Russia
Anti-dumping duties in the range from 19.7% to 22.1% have been preserved for imported metal products of Chinese metallurgists, for Russian ones -...
Metallurgists in Kosice win wage increase after 6 months of struggle
At the US Steel mills in Kosice, the monthly wage rate for each worker will be increased by 80 euros per month....
Azerbaijan Metallurgical Company signed a number of memorandums with Polish colleagues
Baku Steel Company signed memorandums of cooperation with companies from Poland, represented by metallurgical companies and wholesalers of rolled...
European metallurgists failed to raise prices by reducing steel production
In early September, European steelmakers were pushing for massive price increases to protect profits from a sharp rise in energy prices. These...
Metallurgical company Salzgitter and Sunfire complete green hydrogen project
To date, almost 100 tons of hydrogen gas have been used in annealing processes and galvanizing plants for steel finishing....
London is disappointed with the plans of metallurgists to leave the British business and asks for negotiations
High electricity prices make it pointless to produce steel in the UK, but the shutdown will cause mass layoffs in the depressed regions of the Foggy...
US and EU agree to speed up steel talks
Another meeting of the US-European Trade and Technology Council is scheduled to be held in the United States before the end of the year....
Tata Steel plans to leave Europe due to energy prices
Tata Steel owns the UK's largest steel mill at Port Talbot in South Wales and employs approximately 8,000 people across the country....
The German Thyssenkrupp announced the “strong blow” of the energy crisis to the factories of the concern
Rise in energy prices has become a "strong blow" to the enterprises of the largest steel producer in Germany....
Glencore faces flood of UK litigation over bribery allegations
Glencore has previously pleaded guilty to a range of charges ranging from bribery and corruption in South America and Africa to price manipulation in...
Amazon.com invests over €1 billion in European fleet of electric vans and trucks
A number of startups are looking to bring electric vans or trucks to market and are facing increasing competition from traditional manufacturers such...
Ukraine and the EU consider the production of biomethane as one of the ways to overcome gas dependence
Ukrainian entrepreneurs are already interested in the possibilities of launching the first capacities for the production of biomethane and the...
Skoda plans to suspend production in the Czech Republic due to a shortage of chips
The problem of the shortage of electronic components, which arose in the midst of logistical restrictions associated with the coronavirus pandemic,...
European Council bans imports of Russian semi-finished steel under new package of sanctions
Despite the resistance of metallurgical enterprises and traders, the EU included in the eighth package of anti-Russian sanctions a ban on the import...
EU plans additional sanctions against Russian metallurgy
The European Commission is considering a ban on the import of semi-finished products from Russia in addition to finished steel products, despite the...
The European Commission has approved 5.2 billion euros of state support for another massive hydrogen project
The hydrogen value chain in Europe is in its infancy. This makes it risky for companies and Member States to independently invest in such an...
UK steel production hits record low this year
UK steel production will be at a record low this year, the lowest since World War II, and it is hard to say if there will be a recovery in 2023, an...
EU Commission not doing enough to save aluminum industry - associations
European industry associations called on EU energy ministers to take further action during the next council meeting on September 30, saying that...