Spain’s 2022 imports fall but exceed 15-year average
Spain saw a year-on-year fall in steel imports in 2022, in line with the global trend and overall domestic trade, says local steelmakers’ association Unesid in its latest report monitored by Kallanish. The fall was mainly the result of a reduction in imports from EU countries. These, however, represented 57% of Spanish apparent steel consumption
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Ferrexpo’s EU sales share grows, ore demand recovers
Swiss-headquartered, Ukraine-based iron ore miner and pellet producer Ferrexpo increased shipments to EU countries in 2022, Kallanish notes. The EU market’s share in Ferrexpo’s sales increased 4 percentage points on-year from 23% to 27%, the company says in its 2022 report. The blockade of ports in Ukraine did not have a significant impact on transporting
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Thyssenkrupp resumes Steel spinoff: reports
Thyssenkrupp has resumed the spin-off of its Steel division that it suspended late last year, according to press reports. The group declined to comment on what it calls “market rumours” about its spin-off plans. “The independence of the Steel division is part of thyssenkrupp’s integral strategy,” the company tells Kallanish. Market rumours and media reports
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European coil prices to stabilise mid-year: end users
The European coil price uptrend is seen ending in the second half of the year, various regional coil buyers and end users tell Kallanish. With European producers restarting blast furnaces in Europe, the current shortages of hot and cold rolled, as well as hot-dipped galvanised coil should ease in H2 and prices may decline or
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Northern Europe rebar price yet to respond to significant scrap gains, wire rod edges up
Long steel product prices in the Northern European domestic market have yet to fully react to the significant increases in scrap prices, sources told Fastmarkets on Wednesday March 22.Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe was unchanged at €710-740 ($763-795) per tonne on Wednesday. Steel scrap prices in Germany
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NEWS
- EU HRC prices stable, buyers hold back from restocking March 31, 2023
- Georgsmarienhütte, Volkswagen step up reuse of rejected steel March 31, 2023
- ArcelorMittal modernises coke plant amid energy transition March 31, 2023
- Ukrainian steelmakers see recovery signs, challenges remain: GMK March 31, 2023
- UK Steel welcomes government CBAM consultations March 31, 2023
- Trading limited in European HRC market, higher offers expected March 31, 2023
- EU flat steel distributor shipments show small increase for Jan-Feb 2023 March 31, 2023
- Fire hits ArcelorMittal Dunkirk’s largest furnace March 30, 2023
- Revista InfoAcero Marzo 2023 March 30, 2023
- Heavy steel plate prices edge down in Italy ahead of steady April; prices stable in Northern Europe March 30, 2023
- Centravis to strengthen market position in Europe March 30, 2023
- Aperam invests to reduce energy consumption March 30, 2023
- Italian service centres struggle to increase prices March 30, 2023
- German rebar buyers doubt mills’ anticipated hikes March 30, 2023
- ArcelorMittal, Bamesa to work together to reduce scope 3 emissions March 30, 2023
- Beltrame sees EU funds, green policies to sustain steel market recovery March 30, 2023
- GFG Alliance denounces move to close Aartee Bright Bar’s UK Dudley steel plant March 30, 2023
- Tata Steel Nederland to start relining No. 6 blast furnace first week April March 30, 2023
- KÜBLER joined as member of EUROMETAL March 29, 2023
- Netherlands, South Korea biggest buyers of Chinese long steel in Jan-Feb March 29, 2023
- EU mills withdraw HRC offers, preparing to raise prices March 29, 2023
- Metinvest calls for seaports opening for steel exports March 28, 2023
- Wuppermann Austria commissions new roll forming line March 28, 2023
- Barrett Steel acquires Aartee Bright Bar March 28, 2023
- Salzgitter readies ‘last ever’ blast furnace reline March 28, 2023
- Italian service centres struggle amid competition, low consumption March 28, 2023
- Hearing starts on Turkish mills` appeal against EU flat steel anti-dumping duty March 28, 2023
- European HRC prices flat but higher offers expected on tighter supply March 28, 2023
- ArcelorMittal assessing damage at Gijon steel plant in Spain March 28, 2023
- Domestic HRC prices stable in Europe, buyers show interest in imports March 27, 2023
- Spanish long product demand improves, outlook positive March 27, 2023
- CRC, HDG prices hike in Italy March 27, 2023
- Polish wire rod buyers resist higher offers March 27, 2023
- ArcelorMittal to stop Poland BF by end-March for environmental upgrade March 27, 2023
- Thyssenkrupp Materials tackles customers’ Scope 3 emissions March 24, 2023
- Kuusakoski plans carbon-free scrap plant near Outokumpu mill March 24, 2023
- ArcelorMittal Poland readies blast furnace shutdown for maintenance March 24, 2023
- Italian service centres report flats shortage, good demand March 24, 2023
- Italian longs prices stabilise, March volumes low March 24, 2023
- Italian plate prices flatten, outlook positive March 24, 2023
- No change yet in Southern Europe rebar, wire rod prices despite higher scrap costs March 24, 2023
- ArcelorMittal says extent of fire damage at Spain’s Gijon steel plant still to be determined March 24, 2023
- World Feb crude steel production down 1.0% on year on weak economy: worldsteel March 24, 2023
- Stainless Steel World Magazine – March 2023 March 23, 2023
- Spain’s 2022 imports fall but exceed 15-year average March 23, 2023
- Ferrexpo’s EU sales share grows, ore demand recovers March 23, 2023
- Thyssenkrupp resumes Steel spinoff: reports March 23, 2023
- European coil prices to stabilise mid-year: end users March 23, 2023
- Northern Europe rebar price yet to respond to significant scrap gains, wire rod edges up March 23, 2023
- Demand for CRC, HDG in Europe outpaces supply, drives prices up further March 23, 2023
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Latest News
- EU HRC prices stable, buyers hold back from restocking
- Georgsmarienhütte, Volkswagen step up reuse of rejected steel
- ArcelorMittal modernises coke plant amid energy transition
- Ukrainian steelmakers see recovery signs, challenges remain: GMK
- UK Steel welcomes government CBAM consultations
- Trading limited in European HRC market, higher offers expected
- EU flat steel distributor shipments show small increase for Jan-Feb 2023
- Fire hits ArcelorMittal Dunkirk’s largest furnace