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Austria stops importing and refining Russian oil – OMV

In early March, OMV stopped investing in Russia, but until today it has not announced that it will stop purchasing raw materials from the country....

The rise in steel prices in the European market has stopped

Europe's rapid rise in steel prices at the beginning of the year stimulated panic buying. This madness subsided as soon as consumers satisfied their...

BMW will save tens of thousands of jobs in the transition to the production of electric cars

BMW will retrain employees around the world to work with electric models of electric vehicles....

Heat pumps will become an effective weapon in the energy war between the EU and Russia - Time

The European Union intends to double the production and installation of heat pumps in order to convert as much heating as possible from gas to...

Thyssenkrupp transfers 1,300 steelworkers to reduced working hours due to war in Ukraine

Spending cuts become necessary as Russia conducts a special military operation in Ukraine...

Sanjeev Gupta's Belgian factories may shut down amid disputes with unions

The restructuring of Liberty Steel's steel plants in Belgium was blocked by a local commercial court decision at the request of unions and minority...

Metallurgical production in Pridnestrovie completely stopped

The Moldavian Metallurgical Plant, located in Rybnitsa, employs 2,400 people, and up to 100,000 more residents of Transnistria depend on the life of...

War returns to Europe - how will this affect steel demand?

In the second part of this series, MEPS analysts analyzed the impact of the Russian-Ukrainian war on raw materials for steel production and the cost...

Coal has become the only fuel that can somehow mitigate the energy crisis in Europe

Increased coal consumption in the European Union would mean the ultimate failure of the Paris Summit's goals of slowing global warming to 1.5 degrees...

War returns to Europe. How will it affect the regional market of metallurgical raw materials?

MEPS analysts assessed the consequences for the European raw materials market and energy costs from Russia's invasion of Ukraine....

War returns to Europe. How will this affect steel supply?

MEPS analysts analyzed the impact of the Russian-Ukrainian war on the steel market in Western Europe. The first part highlights the possible...

ArcelorMittal completely refused to supply Russian raw materials to its European plants

ArcelorMittal's iron ore and coal portfolio has helped ease the company's exit from Russia, but other European steelmakers will have a harder time...

Tesla gigafactory finally launched in Berlin

Today, for the first time, customers of the American automaker will receive new electric vehicles produced at the company's German plant....

Steel prices in Europe broke all records after the announcement of a ban on the export of metals from Russia

Prices for rolled steel increased by at least 10% on fears of a new shortage of steel products in the European Union market....

Turkish steel exporters to earn extra billion dollars from war in Ukraine

The European Union canceled quotas for the supply of steel from Russia and Belarus after the invasion of Ukraine. Turkish producers believe that they...

80% of German companies have already suffered from the war in Ukraine

Two-thirds of businessmen said they responded to the economic problems of their enterprises by raising prices for customers....

The European Union has banned the export of Russian steel and metal products

The European Commission has also canceled Russia's most favored nation trade regime and formalized plans to suspend Russia's membership in major...

UK introduces 35% duties on imports of Russian metals

The new measure is announced as a blow to the Russian economy, but according to Platts analysts, it will have almost no effect on Russian export...

Statistics Norway predicts the end of the war in Ukraine in 2 months

If Russia's invasion of Ukraine continues for a longer period, the Norwegian economy will face significant problems, according to the SSB review...

Thyssenkrupp unable to spin off steel business due to war in Ukraine

According to Deutsche Bank analyst Bastian Sinagowicz, the decision to suspend the spin-off of the steel business into a separate entity will be seen...

Deutsche Bahn faces biggest labor shortage in its history

Germany's state-owned railway company urgently needs new staff, but there are not enough skilled workers. Deutsche Bahn is doing everything possible...

Metinvest's European enterprises have been certified in credit management

Certification in 2021 was carried out by an independent audit company TUV Rheinland, whose certificates are recognized all over the world....

Ukraine became the second largest exporter of hot-rolled steel to the European Union

At the end of last year, Ukraine supplied about 41 thousand tons of hot-rolled steel to the EU countries, taking second place in the top exporters...

The future of the European steel industry is at stake - ArcelorMittal

2022 could be a critical year for the European steel industry, which is not ready to switch to clean steelmaking technologies, Geerd van Pulvoorde,...

The head of the European Commission threatened Vladimir Putin with the loss of half of the Russian budget

Ursula von der Leyen's comments come as tensions mount in Europe after U.S. President Joe Biden said on February 18 that he was convinced that...

Emmanuel Macron is interested in a European mission to Mars

The President of France at the meeting of the "space summit" on February 16 urged the ESA to explore options for a manned space exploration...

Germany invests in new metal recycling technologies for batteries

The project aims to improve the recyclability of copper and nickel used in the production of lithium-ion batteries for electric vehicles...

Poland will replace coal-fired generation with nuclear power

Warsaw intends to reduce CO2 emissions by curtailing coal projects and building US-made mini nuclear reactors....

Austrian voestalpine launches fully automated steel quality test center

Depending on the product, from 50 to 2000 chemical, mechanical, technological or magnetic tests are carried out for every 1000 tons of steel strip....

French truckers prepare for anti-covid demonstration in Paris

This Friday, as part of the Freedom Convoy campaign, several collection points are planned in Nancy and Metz. Hundreds of cars will arrive at the...

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