German steel industry faces deep restructuring as modest production uptick fails to stem job losses German steel industry faces shrinking production and thousands of job cuts as green transition begins; …
steel
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Business
Sanlorenzo unveils 74 Steel Virtuosity superyacht featuring five‑story salon and fig tree
by Leo Müllerby Leo MüllerSanlorenzo Virtuosity yacht under construction in La Spezia will host a five-deck Ficus and fuel‑cell systems amid biomethanol supply concerns Sanlorenzo Virtuosity, a 74‑metre steel superyacht being fitted out in …
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Business
EU Emissions Trading Reform Threatens €4.6bn Green Steel Project, Warns Saarstahl CEO
by Leo Müllerby Leo MüllerEU emissions trading reform threatens Saarstahl’s €4.6bn green steel overhaul, CEO warns EU emissions trading reform could weaken price signals and endanger Saarstahl’s €4.6bn decarbonisation project, CEO Stefan Rauber says, …
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Business
British Steel nationalised as UK government completes takeover to save Scunthorpe jobs
by Leo Müllerby Leo MüllerBritish Steel nationalisation completed as UK secures Scunthorpe plants and jobs UK completes British Steel nationalisation, protecting Scunthorpe plants and thousands of jobs while pledging an economically viable, low‑carbon future. …
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Business
Saarstahl warns EU emissions trading rollback would derail €4.6bn green steel plans
by Leo Müllerby Leo MüllerSaarland Steel Warns EU Emissions Trading Reform Could Derail €4.6bn Green Transition Saarland steel warns EU emissions trading reform could derail a €4.6bn decarbonisation programme at Saarstahl and Dillinger Hütte …
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Politics
EU Parliament Backs Concessions to Fast-Track Steel and Aluminum Tariff Removal
by Hans Ottoby Hans OttoEU parliament softens stance to advance EU tariff removal deal ahead of July 4 deadline EU parliament softens demands to accelerate an EU tariff removal deal with the US, granting …
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Business
EU approves 50 percent steel tariffs and slashes duty-free quota
by Leo Müllerby Leo MüllerEU Parliament approves 50% EU steel tariffs to protect domestic industry EU Parliament backs 50% EU steel tariffs from July, cutting duty-free quota to 18.3M tonnes to shield industry amid …
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World
Iran bans steel exports after US-Israeli strikes cripple 70% of production capacity
by anna walterby anna walterIran bans steel exports after air strikes severely damage production Iran bans steel exports after air strikes damaged production; customs order effective April 26, 2026 suspends exports of slab, sheet …