Berlin - Michael Hüther, Director of the Institute of German Economy (IW) describes Trump´s victory as a "worst-case scenario," coming at a time that is already challenging for the German economy.
Washington - Despite 12 percent gains, U.S. Steel shares remain below the $55-per-share offer from Japan’s Nippon Steel, which has proposed a $14 billion takeover.
Washington - American Iron and Steel Institute (AISI) announced: U.S. steel mills shipped 7,083,141 net tons in September 2024, a 1.2 percent decrease compared to September 2023.
London - The CBAM will apply a carbon price to imported goods in high-emissions sectors to ensure imported products face equivalent carbon costs as domestically produced goods.
Stockholm - Recent report by Global Energy Monitor and the Leadership Group for Industry Transition, reveals challenges to the industry’s efforts to meet global climate targets by 2050.
Helsinki - The company’s adjusted EBITDA rose significantly, reaching €86 million, supported by solid performance in its European and Ferrochrome business units.
Scunthorpe - The trial involves pioneering technology developed by the University of Sheffield, aimed at capturing carbon emissions from the plant’s power station.
Brussels - EUROFER's latest Economic and Steel Market Outlook reveals that apparent steel consumption, initially projected to rise by 1.4% in 2024, is now anticipated to decline by 1.8%,
London - The substation will incorporate a 110 kV gas-insulated switchgear, three transformers with a capacity of 200 megavolt-amperes (MVA) each, and a 40 MVA transformer.
