News
UK: Government withdraws control of British Steel from Chinese investor.
The British government passed emergency legislation on Saturday to secure control of the Chinese-owned British Steel.
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The British government passed emergency legislation on Saturday to secure control of the Chinese-owned British Steel.
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As announced in the Steel and Metals Action Plan, the EU Commission is adapting the protective measures against cheap imports. The rate of liberalization will be reduced.
By Alex Veit
China is a global leader in solar and wind energy. However, its environmental record remains clouded by thick plumes of smoke from fossil fuels – and foreign companies are partly to blame.
By Redaktion Table
Demand for steel has developed worse than expected. This will be taken into account when recalibrating the protective measures.
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In order for the European steel industry to survive the transformation, the EU Commission should become more active. A European steel pact would have to combine countervailing duties, green energy supply and public procurement.
By Experts Table.Briefings
Germany plans to introduce new labels to promote the use of more green raw materials. These labels can then be used to require quotas for green steel, cement, ammonia and ethylene in public tenders or as part of EU regulations.
By Alex Veit
Kerstin Maria Rippel has been Managing Director of the German Steel Federation for ten months. She wants to make the industrial sector more sustainable, in the midst of a crisis of all things.
By Redaktion Table
Globally, the shift away from coal usage in steel production is seen as a crucial climate mitigation issue. However, China, the world's largest steel producer by far, is moving too slowly. Experts criticize the loopholes in Chinese steel regulations.
By Nico Beckert
The prices for iron ore, metals or crude oil keep rising. China is one of the largest importers and consumers of these raw materials. Many companies pass on the increased prices to their customers. Inflation is rising and small producers are perishing from the price increase. The government is beginning to take countermeasures and is throwing strategic reserves onto the market.
By Christiane Kuehl
The steel industry has a large share of China's rapid growth. The country is the largest importer of iron ore. However, China obtains the raw material primarily from Australia, a country with which the People's Republic has been in conflict for more than a year. Beijing is now looking primarily to Guinea in West Africa to diversify its sources. But the situation there is difficult. With no quick alternative, Australia and China will have to come to an agreement in the foreseeable future. They just can't get along without each other.
By Frank Sieren