Analysis of the steel industry in Europe

The year 2017 can be a significant turning point and the analysis of the European steel industry will be made. A combination of anti-dumping measures and some major mergers seem to be solving the problems faced by the industry. Most of Europe’s leading steel companies are turning a profit again after a revival in steel […]

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The unions are fighting against the merger between Thyssenkrupp and Tata Steel

Thyssenkrupp, formed in 1999 by the merger proposed two German-companies. It was caught in the center of political attention while trying to restructure its activity in the steel industry in response to a global drop in steel prices. Unions oppose this effort, which they say will lead to the loss of more than 4,000 jobs, […]

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The EU is prepared with harsh measures if the US starts a trade war in the field of steel

A „nuclear option” of trade defense is being discussed to prevent dumped steel imports into Britain, and the EU could be engaged if the United States starts a steel trade war. It is believed that the European Commission is analyzing measures that have not been used for 14 years if President Trump‘s investigation finds that […]

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The steel industry in Europe is looking for new forces through mergers and acquisitions

The important producers in the steel industry in Europe suffered are trying to counter overcapacity and dumping. Ilva, the largest steel plant in Europe, should have benefited from certain advantages. Instead, it was affected by a series of blows. Including a legal case regarding allegations that they poisoned local residents with toxic emissions, nationalization and […]

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The European Commission must demonstrate the viability of the new „non-standardized” anti-dumping rules

The European Steel Association Eurofer expects the European Commission (EC) to demonstrate the usefulness and practicality of its new anti-dumping methodology. An industry representative said on Tuesday, October 3, 2017. Negotiators for the European Parliament and the Council of the trade bloc reached an agreement on October 3 regarding a proposal adopted by the EC […]

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The controversy regarding the steel used for the renovation of the Big Ben Tower

The renovation of the Big Ben clock tower is one of the most iconic landmarks in Britain. From August 21, 20017, the clock tower was closed to the public for renovation works that lasted until the second quarter of 2022. Stephen Kinnock, whose Aberavon constituency is home to the Tala Steel plant in Port Talbot, […]

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The circular economy in the steel industry could reduce carbon emissions

While most countries are working to meet the requirements of the Paris Agreement, they must look beyond the most obvious industries to reduce carbon emissions. Increased steel recycling and a focus on energy decarbonisation, as well as emission control technologies, are needed to decarbonise steel industry production, which continues to account for a considerable share […]

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Spontaneous protest at the ArcelorMittal – Galati steel plant

Approximately 700 employees at the steel plant in Galati gathered, on Tuesday, inside the unit. In front of the administrative headquarters. Dissatisfied with the salary offer made by the management within the negotiations of the Collective Labor Agreement (CCM). Protesters from the steel plant in Galati forced the door from the entrance to the administrative […]

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The UK steel industry is still vulnerable, despite the post-crisis recovery

London – Britain’s steel industry is vulnerable, despite the recovery from the crisis of 2015. With many challenges that have led to thousands of job cuts still unresolved. And risks related to Brexit, said the executive director of Tata Steel UK on Tuesday (February 20, 2018). „Currently, our nose is above water, but our lips […]

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Trudeau: Canada’s steel industry can breathe a sigh of relief

Washington (CNN) Canadian Prime Minister Justin Trudeau said Monday that he expects Canadian steelmakers to „breathe a sigh of relief.” Because trade negotiations continue between NAFTA members. Trump has railed against the world’s major trading partners, most recently by imposing a tariff on steel and aluminum imports, but has granted a waiver for Canadian and […]

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