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...
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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....
Serbian steel plant shuts down blast furnace due to high gas prices
Smelter HBIS Serbia will stop a blast furnace with a capacity of about one million tons per year at its plant in Smederevo due to weak demand for...
Liberty Steel invests record €350 million in Czech steel plant
The biggest investment since the commissioning of the Ostrava plant is to switch steel production to electricity, which will reduce CO2 emissions and...
Turkey imposes anti-dumping duties on steel from Europe and South Korea
The new fees follow an investigation into trade between October 2019 and September 2020, when imports of flat products totaled $2.05 billion....
The European Parliament declares natural gas and nuclear fuel sources of "green" energy
In Ukraine, they believe that this decision will become the basis for the construction of the Ukrainian hydrogen economy, and in Europe itself, they...
Europe's largest steel plant scoffs at EU environmental regulations - POLITICO
The European Commission says EU citizens benefit from some of the world's highest environmental standards. Residents of the Italian city of...
Daimler Truck began testing Actros tractor on liquid hydrogen
Daimler Truck aims to eventually bring the fuel cell prototype Mercedes-Benz GenH2 Truck to a range of 1,000 kilometers or more, making the truck...
Volvo invests $1.25 billion to build electric vehicle plant in Slovakia
The Kosice plant will complement Volvo's Ghent plant in Belgium and the Torsland plant in Sweden and help the company go fully electric by 2030...
Swedish court authorizes construction of steel mill for the first time in 50 years
A court in Sweden has allowed H2 Green Steel to start building a hydrogen-powered, coal-free steel plant in northern Sweden, the first steel complex...
London will violate WTO rules in an attempt to prevent the flow of cheap steel imports
Boris Johnson risks breaking international law in an attempt to protect the UK steel industry by extending and expanding import duties on rolled...
Norway becomes the first Volvo Cars market to offer exclusively electric models
In 2021, 96% of new Volvo cars sold in Norway were Recharge models. Volvo Cars is exclusively selling electric cars in this country this year....
The European Parliament tightened the requirements for the Frontier Carbon Adjustment Mechanism CBAM
MEPs call for wider coverage and faster implementation of the EU Frontier Carbon Adjustment Mechanism (CBAM) to boost global climate ambitions....
The German government may confiscate the German part of Nord Stream 2
Nord Stream 2 has a distribution network with compressors and lines capable of transporting gas directly to southern Germany....
The largest steel company in Austria announced its readiness to stop gas supplies from Russia
Voestalpine has set up its own natural gas storage facilities for three months of operation and has begun to fill them up. In addition, the group has...
Ukraine and Poland deepen strategic partnership in the field of geology and mineral resources
On June 23, 2022, a Memorandum of Cooperation between Ukraine and Poland was signed, which provides for work and research on the geological study of...
Austrian voestalpine delivers first partially decarbonized steel to customers
About 70% of the electricity used in steel production in Linz is generated by the use of gases, which are a by-product of the production process. The...
Belgium 'totally ready' to phase out Russian gas, says Energy Minister Van der Straeten
The approach of the Belgian government, which depends on Russian gas for only 6%, is that "prevention is better than cure."...
Bulgaria began unloading the first tanker with American liquefied gas
American tankers with LNG were supposed to arrive in Bulgaria on June 8 and 23, but the first tanker arrived earlier....
Salzgitter and LKAB have formed a partnership to decarbonize the steel industry
Within its SALCOS project, Salzgitter is working with partners from the steel industry and research institutes to achieve carbon-neutral steel...
BIR: European Commission's decision on scrap metal will be the most tragic event in the last 40 years
Export controls currently being proposed by the EU would mean less waste and less accessible technology in the region, according to BIR's...
Volvo starts mass production of electric trucks made from decarbonized steel
Volvo Trucks is the first company in the world to use fossil fuel-free steel in its trucks....
European steel prices are directly dependent on Russian gas prices - MetalMiner
EU metallurgists continue to rely on natural gas as the currently uncontested fuel for pig iron production in blast furnaces, as well as for steel...
Europeans have sharply reduced the purchase of new cars
In April, the registration of new passenger cars in the EU decreased by 26.6% to 684,506 units....
Martina Merz will continue to lead the German ThyssenKrupp until March 2028
German engineer Martina Merz became CEO of ThyssenKrupp in 2019 and was named "the most powerful woman in the German economy". She embarked...
European metallurgists criticized the plans of the European Commission to refuse Russian gas
The Eurofer Association demands a revision of the EU energy strategy "for the sake of cohesion, cooperation and intersectoral dialogue"....
Germany seeks energy independence from Russia
Due to rising prices for energy carriers and automobile fuel, inflation in Germany in April rose to 7.4% - a maximum over the past 40 years....
ThyssenKrupp enters Australia's green hydrogen market
According to research conducted by German analysts, less than 5% of Australia's renewable energy potential converted to hydrogen would be...
Germany to build a “reference rolling mill” using Danieli technologies
The new rolling mill in Riesa will use only induction heating for zero direct CO2 emissions, and a new generation of built-in welding machine will...
Metinvest to carry out planned repairs at Italian rolling mills two months earlier
Metinvest, an international vertically integrated group of mining and metals companies, has decided to postpone scheduled repairs at the Group's...
