Tag: Primary iron & steel
Steel manufacturer relies on hydrogen instead of coal
Leoben The plant is smaller than a single-family house and stands somewhat lost on the huge steelworks site in Leoben in Styria. But for the Austrian Voestalpine, the future belongs…
War in Ukraine: Shortage of natural gas endangers green steel industry
Dusseldorf Martin Lindqvist is optimistic, which is unusual for a steel manager in the current situation. The energy-intensive industry is suffering from high prices for electricity and, above all, gas,…
Sigmar Gabriel new chairman of the supervisory board at the steel subsidiary
Sigmar Gabriel “In the coming months and years, groundbreaking decisions with economic, industrial policy and environmental relevance are pending,” said Gabriel. (Photo: imago images/Reiner Zensen) Dusseldorf Former SPD leader and…
Sigmar Gabriel new chairman of the supervisory board at the steel subsidiary
Sigmar Gabriel “In the coming months and years, groundbreaking decisions with economic, industrial policy and environmental relevance are pending,” said Gabriel. (Photo: imago images/Reiner Zensen) Dusseldorf Former SPD leader and…
Green investments in the steel division are needed
Martina Merz The CEO of Thyssen-Krupp should actively shape the transformation of the steel division. (Photo: dpa) German industry has meanwhile become accustomed to the fact that long-term strategies are…
Thyssen-Krupp: Ukraine war jeopardizes rehabilitation
Duisburg, Essen, Frankfurt The video, which is supposed to show the future of the Thyssen-Krupp steelworks in Duisburg, is sentimental: an old man with a full white beard roams through…
Must “show Putin a clear edge”
Martina Merz The CEO wants to advance the development of climate-neutral production of hydrogen. (Photo: dpa) Dusseldorf The CEO of Thyssen-Krupp, Martina Merz, supports the German government’s line against Russia’s…
These industries would be affected by a gas supply stop
Glass production in Mitterteich Many plants that are required for the production of gas have to remain in operation at all times. A gas supply stop could lead to irreparable…
Tata Steel manager Adam: “We have to reduce dependencies”
Dusseldorf European steelmakers are suffering from increased raw material costs as a result of the Russian attack on Ukraine. “We are feeling the effects of the high energy prices in…
USA and Great Britain announce agreement in the steel dispute
steelworks in Great Britain From June Great Britain should again be able to import a certain amount of steel duty-free into the USA. (Photo: dpa) The US and UK have…
Reiner Blaschek moves up as head of Germany
Dusseldorf Reiner Blaschek didn’t have much time to get used to the job. Since the turn of the year, the manager has been the successor to Frank Schulz at the…
War in Ukraine creates uncertainty in the steel industry
Steel worker at Thyssen-Krupp Employers in the metal and electrical industry have warned of a possible energy and raw material embargo on Russian oil and gas. (Photo: Reuters) Dusseldorf The…
Thyssen-Krupp suspends part of the forecast
Thyssen Krupp Sales to Russia and Ukraine account for less than one percent of total sales. (Photo: imago/Rupert Oberhäuser) eat Due to the economic consequences of the war in Ukraine,…
CO2 border adjustment – Steel industry fears migration
Berlin The CO2 border adjustment is at the top of the agenda at the meeting of EU economics ministers on Tuesday. The aim is “to arrive at a general approach…
Klöckner & Co. introduces definitions for green steel
Hot strip mill for steel With its classification, Klöckner wants to provide its customers with a basis for calculation. (Photo: dpa) Dusseldorf Europe’s largest independent steel trader, Klöckner & Co.,…
Handelsblatt Green: What is green steel?
Dusseldorf Steel has an ambivalent role in climate protection: on the one hand, the material can be recycled as often as you like and therefore plays an important role in…
Habeck shows himself to be a supporter of the industry
Robert Habeck (right) with Martina Merz The Economics Minister has the Thyssen-Krupp boss show him a hydrogen production plant in Duisburg. (Photo: dpa) Duisburg Federal Economics Minister Robert Habeck (Greens)…
Industry demands investment aid from politicians
Munich, Dusseldorf The steel industry is pushing for investment security on the way to green steel. “The political framework for investments worth billions has yet to be created,” said Hans…
Industry demands investment aid from politicians
Thyssen Krupp blast furnaces in Duisburg At the Handelsblatt annual conference “Zukunft Stahl”, the German steel producers are demanding more help from politicians. (Photo: imago images / Jochen Tack) Munich,…
Thyssen-Krupp increases earnings and confirms forecast for the year
Thyssen Krupp The operating profit should be between 1.5 and 1.8 billion euros for the year as a whole. (Photo: dpa) meal The steel boom inspires Thyssen-Krupp. In the first…