Unions representing Royal Mail postal workers and railway staff said that "out of respect for her service to the country and her family"...
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European non-ferrous metal producers demand action on rising energy prices
European energy consumers are forced to pay ten times more for electricity and gas than last year, making their production unprofitable, and if the...
UK government to set up Critical Minerals Agency
The UK government is beginning to recognize the risks of disruption to the critical minerals supply chain....
ThyssenKrupp invests 2 billion euros in the construction of Europe's largest DRI plant
The board of directors of Germany's largest steel producer has decided to build Europe's largest direct reduced steel plant....
Steel plant in Switzerland prepares for shutdown and layoffs
The reason for the possible shutdown of Stahl Gerlafingen is the 12-fold increase in electricity prices....
European stainless steel plants close due to energy crisis
The impending energy crisis in Europe will primarily affect energy-intensive industries. Against the backdrop of falling prices for stainless steel,...
thyssenkrupp has successfully completed the sale of the company's mining business
The German industrial holding is consistently getting rid of its non-core assets, focusing on steel production and engineering solutions. The...
ArcelorMittal raises European steel prices on rising energy prices
The largest steel producer in the European Union was one of the last metallurgists to announce an expected increase in steel prices due to soaring...
The Baltic States plan to increase the capacity of offshore wind farms by seven times by 2030
The Baltic Sea countries, including Germany, Finland, Poland and Sweden, have agreed to build a 17 GW offshore wind farm (WPP). They want to increase...
H2 Green Steel has received 190 million euros for the construction of a hydrogen steel plant
The startup has secured funding to build a clean hydrogen steel plant in Boden in northern Sweden in its first round of offering, with H2 Green Steel...
Polish manufacturers of steel rebar raise prices due to high costs
Steel rebar spot market activity in Poland picked up last week and buyers expect prices to rise further in September due to unpredictable energy...
Turkey will five times increase the price for the passage through the Bosphorus
About 48,000 ships pass through this strait every year, it is also the main route for the export of Russian oil and metal products, as well as...
EU steel consumption hits third recession in four years: Eurofer
Steel demand in the EU is projected to decline by 1.7% in fiscal year 2022. In 2023, production will accelerate only moderately, by 2.2%, due to the...
Hungary allowed Russia to build two nuclear power units
The Hungarian Atomic Energy Administration issued a permit to the state corporation Rosatom to build the 5th and 6th power units of the Paks nuclear...
EUROFER: EU steel exports down 14% in first half
According to the EUROFER report, in the first half of this year, flat products exports accounted for 68 percent of finished product exports, while...
Gas supply problems paralyze steel market in Europe – MEPS
Uncertainty is growing on the steel market in Europe. However, Polish and Czech producers are likely to be hesitant to make further price concessions...
Rolls-Royce to introduce innovative hydrogen engines for locomotives
Rolls-Royce is developing a range of hydrogen-powered engines and fuel cells to be used as a reliable power source in ships and heavy off-road...
Car sales in Turkey fell by 6.7% in January-July
In the first seven months of this year, Turkey's car exports totaled 526,601 units, up 2.7%, while passenger car exports fell 7.7% to 298,333 units...
British Airways to cancel 10,000 flights due to lack of staff at Heathrow Airport
British airports and airlines, which have been cutting jobs in the midst of coronavirus lockdowns, have struggled to recruit enough new staff....
Droughts affect Europe's hydropower market, exacerbating energy crisis
The world's record high temperatures are significantly reducing the efficiency of hydroelectric power plants and raising questions about adapting...
British metallurgists raise steel prices again due to rising energy prices
Despite the market's downward trend in steel prices, British Steel has once again raised prices for some rolled products as rising energy costs push...
German unions demand higher wages for steelworkers due to soaring inflation
Employers and unions in Germany are arguing over the need to increase wages as soaring energy prices drive up production costs and consumers suffer...
Salzgitter invests 700 million euros in mild steel production
As a result of a record investment, the German company will reduce CO2 emissions by 95%, which corresponds to 1% of all carbon dioxide emissions in...
Voestalpine invests 100 million euros in the reconstruction of the hot-dip galvanizing lines in Linz
The metallurgical company plans to expand the range of high-strength galvanized steels by increasing the size of the strip and reducing the thickness...
ArcelorMittal expects real steel demand in Europe to be 'at least stable'
Europe's steel demand may even pick up once the seasonal market lull ends, Genuino Cristino, chief financial officer of the EU's largest steel...
Brazil has increased steel exports to Europe by eight times against the backdrop of the war in Ukraine
Brazilian steel exports to Europe in the first half of the year grew by 710% to almost a million tons due to anti-Russian sanctions imposed by the...
Steel prices in the EU continue to fall as the summer holidays begin
European steel prices continued to decline this month. However, the overall rate of decline has slowed, which may indicate that the bottom will soon...
Electricity prices put Sweden before a choice between steel smelting and cryptocurrency mining
Sweden, which has the largest cryptocurrency mining sector in Europe, wants to make life difficult for virtual miners in favor of the real sector of...
The European Commission predicts historically high inflation in the euro area at 8.4%
Inflation is projected to peak at 8.4% yoy in the third quarter of 2022 in the euro area, before declining steadily to fall below 3% in the last...
Europe's largest pure hydrogen plant to be built in the Netherlands
Shell intends to decarbonize its oil production in the Netherlands by sending hydrogen to its plant in Rotterdam....
