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News
Sales by the world’s 20 largest car producers fell by 2.8% y/y in 1H2026
21+ hour, 33+ min ago (401+ words) News Global Market auto industry Print 311 20 July 2026 Sales by the world’s 20 largest car manufacturers in the first half of 2026 fell by 2.8 per cent year-on-year – to approximately 37.3 million vehicles. This is according to the latest analysis by the Centre of Automotive…...
Tosyalı has raised €187 million for a solar power development project
6+ day, 23+ hour ago (183+ words) News Infrastructure сонячна енергетика Print 186 14 July 2026 The Spanish bank BBVA has provided the Turkish steel group Tosyalı with €187 million in financing to support the first phase of its solar energy development plan in Turkey. This is according to a statement from…...
Posco and Hyundai are developing innovative electrical steel to improve the efficiency of electric vehicles
1+ week, 3+ day ago (460+ words) GMK Center - Posco and Hyundai are developing innovative electrical steel to improve the efficiency of electric vehicles The key objective is to produce electrical steel with a silicon content of 6.5 per cent South Korean steel giant Posco has launched a…...
African Industries is to build Nigeria’s largest solar-powered steelworks
1+ week, 4+ day ago (272+ words) News Global Market Africa Print 80 11 July 2026 The Nigerian metallurgical company African Industries Group has been granted 500 hectares of land in Niger State (Nigeria) for the construction of a new facility. The plant is expected to become the country’s largest solar-powered…...
Volkswagen plans to cut 100,000 jobs and close factories
2+ week, 6+ day ago (335+ words) News Companies auto industry Print 124 30 June 2026 Volkswagen, Europe’s largest car manufacturer, is considering the biggest restructuring in its history, including doubling the planned job cuts to 100,000 and closing four German plants. This is according to Reuters, citing sources. The agency…...
BHP needs to review its ineffective decarbonisation strategy – IEEFA
3+ week, 3+ day ago (174+ words) News Global Market декарбонізація Print 91 27 June 2026 The appointment of Brandon Craig as Chief Executive of mining giant BHP, effective 1 July, presents the company with an opportunity to radically change its approach to the environmental transformation of the steel industry. According…...
Metinvest has raised €20 million from the BSTDB to strengthen its energy resilience
3+ week, 3+ day ago (279+ words) News Companies Metinvest Print 75 27 June 2026 Metinvest Group has signed a new seven-year loan agreement worth €20 million with the Black Sea Trade and Development Bank (BSTDB). This was announced in a company statement. The agreement was witnessed by Oleksiy Sobolev, Ukraine’s…...
The French parliament has backed the nationalisation of ArcelorMittal’s assets for the second time
1+ mon, 5+ day ago (474+ words) News Companies ArcelorMittal Print 156 16 June 2026 At the end of last week, the French National Assembly voted in favour of a bill to nationalise ArcelorMittal’s French assets at its second reading, according to Le Parisien. The bill, tabled by the ‘Unbowed…...
Interpipe is proposing a pilot project to establish an industrial acceleration zone between the steel sectors of Romania and Ukraine
1+ mon, 1+ week ago (257+ words) News Industry Interpipe Print 112 10 June 2026 The Ukrainian industrial company Interpipe has proposed a pilot project to establish an Industrial Acceleration Zone between the steel sectors of Romania and Ukraine. This is stated in a press release from the company. In…...
The EC has approved Spain's €9 billion electricity supply security support scheme
1+ mon, 2+ week ago (238+ words) News Infrastructure EU Print 124 01 June 2026 The European Commission (EC) has approved a €9 billion Spanish scheme to secure the electricity supply. This is stated in a press release from the institution. This state aid measure is intended to ensure sufficient capacity…...