MEPS analysts analyzed the impact of the Russian-Ukrainian war on the steel market in Western Europe. The first part highlights the possible...
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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...
EU invests more than 150 billion euros in Africa
Investment in Africa's infrastructure is seen by the European Commission as a response to the People's Republic of China's "One Belt, One...
UK approves China's Hualong 1 nuclear reactor
For China's Hualong 1 reactor, the UK's Nuclear Regulatory Agency has issued a Design Acceptance Confirmation and the country's Environment Agency...
ArcelorMittal to start development of a major iron ore deposit in Serbia
The Government of the Bosnian Serb Republic has announced that it plans to conclude a concession contract for the extraction of iron ore near the...
French government allowed to burn more coal due to electricity shortage
National grid operator warns of impending power shortage in France...
EU Iron and Steel Association expects a sharp slowdown in steel demand growth in Europe
The reason for the significant decline in steel demand growth in Europe from almost 14% in 2021 to 3.2% in 2022 will be the continuation of covid...
Despite protests, the Portuguese government launched the "lithium race of the century"
Portugal's lithium reserves could become the largest in Europe, which is in dire need of this battery metal for the development of electric vehicles....
French government backs €1.7bn decarbonization plan for ArcelorMittal
The European Union's largest steelmaker will accelerate decarbonisation in France with a €1.7 billion investment program backed by the French...
British Parliament to develop plan to decarbonize the steel industry
The House of Commons Environmental Audit Committee has initiated a study on Green Steel amid growing calls for the sector to reduce emissions....
The head of the European Commission called the condition for the launch of Nord Stream 2
Commissioning of the Nord Stream 2 gas pipeline will depend on Russia's actions in connection with the crisis around Ukraine...
The authorities of Rotterdam agreed to dismantle the historic bridge for the passage of the yacht of Jeff Bezos
Rotterdam has agreed to temporarily dismantle part of its historic Koningshaven Bridge so that Jeff Bezos' 417-foot three-masted yacht can navigate...
