MEPS: Economic slowdown dims Central Europe’s transition to green steel

Sheffield - Recent study notes a limited appetite among regional buyers to pay premium prices for lower-emission steel products.

05 Dec 2024

Liberty Steel in Dudelange declares bankruptcy amid financial struggles

Luxembourg -  The company’s financial troubles have left 150 employees without salaries for months, sparking significant concern among workers and unions.

05 Dec 2024

Outokumpu announces investment in biocarbon plant in Germany

Helsinki - The facility, located in Port Mukran/Rügen is set to utilize waste wood as raw material for biocarbon production, with an annual capacity of 15,000 tonnes.

04 Dec 2024

Trump repeats claims to block Nippon Steel’s controversial takeover of US Steel

Washington - Pledge, made on his Truth Social platform and echoed in statements to media outlets, has ignited debate over the economic and geopolitical implications of the deal.

03 Dec 2024

Scandinavian Steel to distribute fossil-free iron produced by GreenIron

Stockholm - A collaboration agreement designates Scandinavian Steel as the exclusive distributor of GreenIron's hydrogen-based direct reduced iron.

03 Dec 2024

Metso unveils integrated copper electrowinning plant for cathode production

Helsinki - The pre-engineered solution is built to support a wide range of production capacities, ensuring adaptability for various operational scales.

03 Dec 2024

Potential US tariff hikes may spur stainless steel import surge

Sheffield - MEPS in its latest Stainless Steel Review talks about challenges for domestic producers’ pricing strategies arising from potential tariffs.

02 Dec 2024

Chancellor Olaf Scholz: Steel industry vital for Germany’s future

Bochum - At the 125th anniversary celebration of the Emschergenossenschaft in Bochum the German Chancellor adressed industrial competitiveness and economic sovereignty issues.

29 Nov 2024

Chris Edkins appointed head of North America at Cremer Erzkontor

Lübeck - Edkins will oversee the company’s operations in the USA and Canada and join the international management team.

28 Nov 2024

SSAB to install one of the world’s most powerful Electric Arc Furnaces

Düsseldorf - Developed by SMS group, the EAF will be one of the largest of its kind globally, with an upper shell diameter of 9.3 meters.

27 Nov 2024