Critical minerals shortages may challenge global energy transition goals

London - Critical Minerals report of GlobalData highlights key obstacles to scaling clean energy technologies, including mineral depletion, resource monopolization, geopolitical tensions, and water scarcity.

20 Nov 2024

Thyssenkrupp faces €1.5 billion loss, while intensifying efforts on transformation

Essen - Despite significant headwinds, the company emphasized progress in its strategic transformation and its ambition to lead the shift toward climate-neutral steel production.

19 Nov 2024

Voestalpine: Strategic resilience amid economic challenges in 2024/25

Linz - Railway infrastructure and aerospace have been standout performers, with demand remaining strong for advanced steel profiles used in high-bay warehouse systems.

18 Nov 2024

EU Commission forecasts gradual recovery of EU economy amid challenges

Brussels - Autumn 2024 Economic Forecast: Despite heightened uncertainty, conditions for a mild acceleration of domestic demand appear in place.

18 Nov 2024

Ongoing economic pressure: Swiss Steel Group to cut 800 full-time jobs

Lucerne - 130 of the current 750 jobs in Emmenbrücke will be eliminated. In Germany, the reductions will impact Swiss Steel’s facilities in Witten, Krefeld, Siegen, and Hagen.

15 Nov 2024

German Steel Association aniversary: Celebrating in challenging times

Berlin - 300 distinguished guests from politics, business, academia, media, and society gathered to honor 150 years of the steel industry’s unifying legacy.

14 Nov 2024

Assofermet meeting: Commitment to defend interests of the entire supply chain

Milan - On November 13, 2024, the 2nd Wholesale Hardware Meeting took place at the prestigious Grand Hotel Villa Torretta.

14 Nov 2024

Liberty Steel unveils restructuring plan for speciality steel UK division

Dubai - The restructuring plan is designed to alleviate SSUK’s financial burdens and improve overall financial health.

14 Nov 2024

Outokumpu supports customers with verified environmental data

Helsinki - Declarations offer verified data on the environmental impact of Outokumpu’s stainless steel products, which boast a carbon footprint up to 75% lower than the global industry average.

13 Nov 2024

SSAB to advocate for ambitious climate commitments at COP29 in Baku

Stockholm - The Swedish delegation at COP29 features a diverse group of organizations, from large export firms to smaller tech enterprises.

13 Nov 2024

European steel industry calls for urgent EU Action Plan to ensure competitiveness

Brussels - IndustriAll Europe and the European Steel Association (EUROFER) have presented a set of proposals to the European Commission and EU Member States,

12 Nov 2024

Monika Boh appointed new CEO of ArcelorMittal Hamburg

Hamburg -  Boh, who previously served as Chief Operating Officer of ArcelorMittal Hamburg, succeeds Dr. Uwe Braun.

12 Nov 2024

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