Of Thanks to Floudopoulos The Commission’s proposals for the emissions trading scheme and the CBAM adjustment mechanism undermine the industry’s ability to make green investments and derail the transition to green coal production in Europe. This is emphasized by a letter signed by 56 CEOs of the largest European steel companies, including 3 representatives of […]
Tag: steel industry
SOS of the steel industry, risk of extinction due to energy crisis
Of Thanks to Floudopoulos Ongoing prohibitive energy prices, combined with coal rights prices that have skyrocketed to more than 80 euros, jeopardize ambitious plans to carbonize the steel industry. European leaders need to act quickly and ensure that climate targets are met in a cost-effective way, while ensuring the viability of strategic industrial sectors. This […]
Arcelor entrusts Sarralle with a 755 million euro steel company in the US that will produce steel for the automotive industry
Sarralle, the Gipuzkoan company that emerged in the 1960s in Azpeitia, will be in charge of the construction of a huge ArcelorMIttal steelworks in Alabama (USA). A major technological challenge to build a practically entirely steel which, in a second phase, will be complemented with a second line. ArcelorMIttal intends to start up its new […]