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Steel industry

Business

China ‘firmly opposes’ UK nationalisation of British Steel

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Europe Today

UK minister ‘confident’ of steel pact with EU ahead of looming tariffs

Minister of State for Trade Chris Bryant hailed “very productive conversations” with EU counterparts on a carve-out for the UK from looming restrictions on steel imports. Britain's Labour-led government is pushing ahead with an economic reset despite political turbulence at home.

Europe News

French steelmaker invest €1.3 billion to produce 'green steel'

In the presence of French President Emmanuel Macron, the steelmaker confirmed the construction of its largest electric furnace in Europe at its Dunkirk plant in northern France.

Made in Europe

Inside Europe's booming push for green steel factories

This is the story of how a small European Union family business has grown to become a global game changer in the ultracompetitive sector of clean steel. A technological challenge… made in Europe.

Smart Regions

In Sweden, organic steel production is already in progress

In partnership with the European Commission

The CO₂-free production revolution is coming to heavy industry. In Sweden, SSAB, the country's leading steel mill, has kicked off this radical shift. By the end of 2029 it will produce green steel, in a compact plant with an electric arc furnace.

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Markets

Shares in Germany’s Thyssenkrupp slide as it forecasts heavy losses

Thyssenkrupp is entangled in a restructuring process as it seeks to shore up its finances, hit by high energy costs and cheap competition.

Economy

US will only cut tariffs if EU softens digital rules enforcement

The US pushes for softer digital rules enforcement in exchange for tariff relief to the Europeans after Brussels meeting with Greer and Lutnick.

Business

Billions at stake: Chancellor Merz backs European patriotism for steel

If German steel production moves abroad, researchers warn this could result in a loss of up to €50 billion per year in value added.

Europe News

EU countries split over polluting credits in Green Deal pushback

Negotiations for pollution credits in 2040 climate neutrality goal could further water down the EU’s Green Deal in favor of European industry. A formal decision by environment ministers is due November 4.

Business

Why copper, aluminium and steel drive Trump’s MAGA agenda

Trump’s 50% tariffs on steel, copper and aluminium go beyond mere economics — they’re a bid to reclaim lost US industries and energise his MAGA base.

Smart Regions

How waste heat from Hamburg’s copper smelter is warming the city but not the planet

In partnership with the European Commission

Hamburg, in northern Germany, is home to a one-of-a-kind district heating system. The hot water that supplies it is largely obtained from waste heat from the city’s copper smelter, meaning no CO2 is released.

Earth News

Ombudsman takes up complaint over polluting Italian steel mill

It follows a complaint from local campaigners, accusing the Commission of indifference to the plight of Taranto residents and the environment.

Earth News

Inside Taranto’s 12-year wait for EU action on steel plant pollution

The European Commission has been accused of misconduct over its handling of toxic pollution from Ilva, once Europe's largest steel plant.

Markets

European steel stocks rebound as Trump doubles steel tariffs to 50%

The share prices of European steel companies, including Thyssenkrupp and ArcelorMittal, all rose on Wednesday morning.

Business

Raw materials to keep British Steel plant operating reach the UK

The UK government said on Tuesday that it had bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.”

Economy

Chinese investment in the UK will face 'high trust bar', says minister

Chinese firms will have to fulfil strict criteria when investing in key sectors in the UK in the future, said the UK government after the rescue of British Steel.

Business

UK government not ruling out nationalising key British steel plant

The UK government has faced increasing pressure to preserve the country's own steelmaking industry, in order to reduce dependence on other countries for the metal.