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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Metallurgy news
- 29 March 2025
15:33 WorldSteel: World production steel decreased - 26 March 2025
16:47 Electrolux sets the goal of using processed steel - 23 March 2025
13:47 British steel-steelers were faced with the abolition of orders due to American duties on steel 13:43 Trade with the EU: Turkey leads steel exports in 2024 - 11 March 2025
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13:58 Metinvest and Danieli signed a joint -stock agreement for a new environmentally friendly steel plant in Italy - 19 February 2025
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