London - The new solution is called the Smelter, a furnace powered by electrical energy and used for melting and final reduction of direct reduced iron (DRI).
London - The agreement, which involves a trial at ArcelorMittal’s steel plant in Gent, Belgium and another site in North America will help to identify ways to enhance carbon capture.
Stockholm - The institutions intend to support the company and its hydrogen-powered green steel plant in Northern Sweden through debt and credit guarantees.
Brussels - Stronger decline in steel demand this year than before (-3.5%, previously -1.7%) and also decline next year, albeit less pronounced than this year (-1.9%).
Essen - Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose slightly in September.
Ditzingen - Sales revenue increases by 20.5 percent to 4.2 billion euros, order intake rises by 42.1 percent to 5.6 billion euros. EBIT margin rises to 11.1 percent.
London - Measures include its Strategic Asset Roadmap Programme (STAR) for IJmuiden, the Netherlands, two multi-million-pound investments in the UK and steps to decarbonisation as part of its journey towards carbon neutrality.
