The European Commission has lowered its forecasts for economic growth for next year due to tensions in international trade and continuing mutual...
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Indian KIOCL will sell iron ore pellets to Europe
The state-controlled Indian iron ore mining company KIOCL has signed initial agreements with international trading companies Glencore and Steel Mont...
British Steel buyer has not yet appeared
Despite the fact that the deadline for filing applications for the acquisition of the bankrupt steel mill British Steel ended last Sunday, the...
Jaguar expands production of electric vehicles in the UK
Jaguar will invest a multi-million dollar investment in the production of electric vehicles at the UK's Castle Bromwich plant in central England....
Voestalpine AGM announces dividends of € 1.10
In addition, Wolfgang Eder handed over the chairmanship of the Voestalpine board to Herbert Eibensteiner....
EUROFER: problems threaten to erase the EU steel industry
The European steel industry faces growing imports and high environmental costs....
ArcelorMittal threatens to close Europe's largest steel mill
Lakshmi Mittala, which has received immunity from prosecution for environmental violations from Prime Minister Matteo Renzi, could be prosecuted if...
Ford plans massive staff cuts in Europe
12,000 workers will remain unemployed in Europe as a result of optimization of the American automaker Ford. The company also plans to completely...
An electric plane was presented for the first time in France
All-electric aircraft maker Eviation Aircraft has announced its first commercial customer, Cape Air, a Massachusetts-based regional airline that...
Lawyers cash in on Volkswagen's dieselgate for € 1.77 billion
Consultants and lawyers due to the scandal with the manipulation of data on emissions cost the car concern 1.77 billion euros. At the same time, the...
Finnish regulator positively evaluates uranium mining company Terrafame
Terrafame plans to mine uranium produced as a by-product of other metals and turn it into yellowcake....
France agrees to cut its stake in Renault to support Nissan deal
The French government welcomed the original merger plan, but replayed its line by insisting on a series of guarantees and concessions that...
Voestalpine Cuts Dividend by One-Fifth Due to Slower Economic Growth
Problems in the metallurgical sector in Europe are growing: the largest metallurgical company in Austria announced a cut in dividends after falling...
ArcelorMittal prepares to further cut steel production in Europe
The largest steel company in the world notes the weakness of the European steel market and the worsening economic situation in the EU heavy...
Renault, Nissan and Mitsubishi may discuss their merger in the future
Automakers Renault, Nissan and Mitsubishi may discuss a merger later in the future, French automaker CEO Jean-Dominique Senard said Saturday....
Will the UK government interfere with British Steel?
Many UK taxpayers believe the government could do more within the existing EU rules. However, the Prime Minister's resignation could prevent the...
Voestalpine opens a cutting-edge research center for high-tech steels in Donavitz
The Metallurgical Division of the Voestalpine Group is the global market leader in railway infrastructure systems and associated signaling...
British Steel is on the brink of collapse: 25,000 jobs at risk
Financial problems could send the largest metallurgical enterprise in Great Britain under external control, and tens of thousands of workers to the...
EU steel imports growth declines sharply in Q1 2019
The beginning of 2019 was marked not only by a significant reduction in the growth of imports of foreign steel, but also by significant changes in...
Steel demand growth forecast in Europe up to 2020
Real steel consumption in the European Union increased by 0.5 percent YoY in the fourth quarter of 2018 to 41.1 million tonnes....
German Thyssenkrupp will look for new partners in the metallurgical business
The largest metallurgical company in Germany has abandoned plans to create a joint venture with India's Tata Steel in favor of developing its...
Norsk Hydro announced the amount of damages from cyber attacks
Norsk Hydro expects cyberattack mitigation costs in the first quarter to be around $ 52 million....
Voestalpine has started construction of the main building of the new steel plant in Kapfenberg
A year after the groundbreaking ceremony for the world's most modern special steel plant, construction work on a € 350 million project in...
The European Union finally made changes to the Gas Directive of the Third Energy Package
A directive adopted by the EU Council to extend European standards to offshore pipelines and, according to analysts, will complicate the...
Britain stops production of Jaguars
Jaguar Land Rover temporarily suspends production in the UK due to uncertainty over Brexit....
Money laundering scandal leads to resignation of Swedbank chairman
The bank's executive appointment committee is currently looking for candidates for the role of director and chairman of the board....
ArcelorMittal switches to hydrogen gas for pure steel production
The company is launching a new research project in Hamburg with an estimated cost of 65 million euros....
The creation of the largest European metallurgical enterprise will continue
India's Tata Steel says it supports the "industrial" logic of forming a joint venture with Germany's ThyssenKrupp....
Bekaert cuts over 200 jobs in Belgium
Belgian steel wire maker NV Bekaert said Thursday that it intends to close its steel fiber plant in Belgium, cutting 281 jobs as part of a...
