Competing with cheaper producers from outside the European Union, the European steel industry is focusing on innovation and new technologies. More advanced products allow for higher safety margins. Industry improves production efficiency.
Aditya Mittal, CEO of ArcelorMittal Europe and Group CFO, said last year the company spent € 300 million on new products, new technologies and process optimization. The owner renews 20 percent every year. his product offer. This is the direction of change for the entire European steel industry.
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10:16 The EU gradually departs from US trade with Canada against the backdrop of Trump's power tactics 08:00 One of the largest metallurgical plants in Russia was transferred for a part of financial problems - 30 June 2025
18:00 In 2025, China, the world leader in the production of alumina, increased its export to Russia by 16% to the level of 2024. In May, Russia purchased a record 183 thousand 12:00 Evraz received the OFSI license to sell the North American business 11:00 The program "Factory of Ideas" celebrated the 13th anniversary 10:00 "Sword" - salvation of drowning 10:00 However, while reducing coal production in the Russian market continues, the ruble will weaken and the key interest rate will decrease further. 08:00 The cost of electricity for industrial companies from July 1 will increase by more than 20% due to increased sales allowance
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