Tag: Heavy industry
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Time to say goodbye to blast furnaces. Europe’s largest steel plant is disappearing
The last two blast furnaces of the Ilva steel plant in Taranto, Italy, are fighting for survival, but court orders are shutting them down. The Italian government continues…
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Heavy industry in Europe at a crossroads. Renaissance or decline?
For decades, heavy industry was the backbone of Europe’s economic power, supplying raw materials, components and finished products across the continent. Today, faced with rising energy prices, tightening…
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European steel is losing competitiveness. Steelmakers call for urgent intervention from Brussels
ArcelorMittal, Thyssenkrupp Steel and Voestalpine, three of Europe’s leading steel producers, which together account for approximately 60 percent of integrated steel production in the European Union, have issued…
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What threats does the EU CO₂ tax pose to the steel industry?
The EU Emissions Trading System (EU ETS) and the accompanying Carbon Border Adjustment Mechanism (CBAM) have been reshaping the landscape for European steelmakers since 2026. For years, the…
Olivia Masskey
Carter
is a writer covering health, tech, lifestyle, and economic trends. She loves crafting engaging stories that inform and inspire readers.
