Essen - Decrease was driven by weaker market conditions, particularly in key industries such as automotive, machinery, and construction, coupled with ongoing high energy costs.
Luanda - The agreement includes integrating Angola’s national oil company, Sonangol, into the new corporate structure of Tosyali Iron & Steel Angola SA.
London - Proposed changes of the Trade Remedies Authority (TRA) come in response to recent developments in the UK steel industry, particularly the closure of a blast furnace at Tata Steel UK's Port Talbot facility,
Dusseldorf - CO2 reductions achieved by recycling post-consumer aluminum scrap - recycling capacity to be expanded by a further 30,000 tons of aluminum per year.
London - Following completion of this transaction, the appointment of Genuino Magalhaes Christino (Chief Financial Officer, ArcelorMittal) as director of Vallourec will become effective.
Salzgitter - Salzgitter Group aims to cover all of its electricity needs from renewables by 2030, Green electricity will be supplied from the Boitzenburger Land solar park.