Latest European steel HRC offer prices unsustainable, buyers say
Prices for steel hot-rolled coil in Europe were largely flat on Monday January 30 because buyers did not consider new offer prices to be sustainable, Fastmarkets has heard.During the week to January 27, European flat steel producers pushed HRC offers upward to €780-800 ($848-869) per tonne for April deliveries. Good order books, limited availability and
Posted in Latest Updates Read more...
Spain’s 2022 car production improves, outlook uncertain
Spain’s automotive industry improved its activity in December, seeing production and exports rise on-year, Kallanish notes. The sector ended 2022 surpassing the previous year’s figures, but still remains very cautious about future market development. “We prudently observe a certain improvement, although this does not mean that a recovery has been achieved, nor do we believe
Posted in Latest Updates Read more...
SSAB restarts blast furnace at Raahe
SSAB has restarted the blast furnace at its Raahe plant, which was taken out of operation in November, Kallanish heard chief executive Martin Lindqyist say during the group’s annual results conference on Friday. By idling the BF, SSAB joined the trend of many European oxygen-route mills cutting capacity on account of very low demand. Also,
Posted in Latest Updates Read more...
Semiconductors could hurt automotive output until 2026: VDA
The ongoing shortage of semiconductors in the automotive industry could lead to a global drop in production of 20%, or around 18 million vehicles, by 2026, shows a study by the German Association of the Automotive Industry (VDA). According to VDA, this may happen unless suitable countermeasures are taken in the industry. “In 2021, the
Posted in Latest Updates Read more...
Strong demand returns for Italian HRC
Italian hot rolled coil prices are increasing in quotes and contracts by some €30/tonne ($32/t) on average compared to last week. Downstream demand and demand from service centres and re-rollers is strong, with prices hiking throughout the value chain, Kallanish hears. Italian and European producers are now quoting April lead times after quickly closing March
Posted in Latest Updates Read more...
Page 2 of 351
NEWS
- Steel to comprise 40% hydrogen 2050 demand: BP January 31, 2023
- French construction sector outlook deteriorates January 31, 2023
- Spain’s Megasa upgrades Zaragoza merchant bar mill January 31, 2023
- Benelux scrap recovers, supply issues continue January 31, 2023
- SSAB reignition of Raahe BF adds to January furnace restarts across Europe January 31, 2023
- Latest European steel HRC offer prices unsustainable, buyers say January 31, 2023
- Spain’s 2022 car production improves, outlook uncertain January 30, 2023
- SSAB restarts blast furnace at Raahe January 30, 2023
- Semiconductors could hurt automotive output until 2026: VDA January 30, 2023
- Strong demand returns for Italian HRC January 30, 2023
- Liberty Steel Group investigating restart of Dunaferr: union official January 30, 2023
- Demand for heavy plate up in Italy, mills aim for higher prices January 30, 2023
- Subdued trading keeps steel rebar prices flat in Poland January 30, 2023
- Manni Group announces the sudden death of Giuseppe Manni January 27, 2023
- Rebar trading activity slows in Italy and Spain; price direction uncertain January 27, 2023
- European buyers resist higher CRC, HDG offers January 27, 2023
- Global hydrogen investment triples, Europe lags behind: BNEF January 27, 2023
- Green Steel initiative encourages partners’ decarbonisation: Swiss Steel January 27, 2023
- Voestalpine acquires Swiss bright bar firm January 27, 2023
- Eurofer joins WindEurope in raw materials access lobbying January 27, 2023
- EU coil mills prefer shorter contract periods January 27, 2023
- EUROMETAL visited 2 warehouses in Belgium January 27, 2023
- KPMG: Agenda 2023 du conseil d’administration January 26, 2023
- EUROMETAL was at SEPEM Industries 2023 in Douai January 26, 2023
- US Steel Kosice BF restart concerns EU flat steel market January 26, 2023
- Acciaierie d’Italia strikes steel, wind energy exchange partnership January 26, 2023
- German industry compares technology transition to open-heart surgery January 26, 2023
- Decarbonisation investments should remain in EU: German steelmakers January 26, 2023
- French electrolyzer McPhy grows order book, secures German steel project January 26, 2023
- Liberty Liege attracts attention of several buyers: administrator January 26, 2023
- European hot-rolled coil prices inch up on limited availability January 26, 2023
- EU CRC and HDG prices rise on domestic mills’ strong orderbooks January 26, 2023
- EUROMETAL at ArcelorMital’s SSC and Stockholding facilities in Reims January 25, 2023
- Romanian steel pipe group sold by Russian owner to Serbian investment company January 24, 2023
- Germany’s 2022 crude steel output drops 8.4% on year; Dec tumbles 14.6%: WV Stahl January 24, 2023
- Germany’s scrap exports, imports continue to fall January 24, 2023
- ArcelorMittal Spain’s hybrid EAF project awaits EC approval January 24, 2023
- Liberty Liege attracts buyers’ interest, Dudelange remains idled January 24, 2023
- Italian steelmakers boost collaboration for DRI January 24, 2023
- European welded tube prices increase January 24, 2023
- Northwest European coil market enters standoff January 24, 2023
- European heavy plate prices rise on increased demand, slab costs January 24, 2023
- Steel trade case monitor for December 2022 January 24, 2023
- Voraussichtliche Meldepflichten ab 01. Oktober 2023: Was bedeutet CBAM für Unternehmen? January 23, 2023
- Jan-Nov HDG exports drop 34% on year amid antidumping duty, low demand January 23, 2023
- 2023: Kein Déjà-vu am Stahlmarkt January 23, 2023
- SMS proposes ‘EasyMelt’ syngas furnaces for cleaner steel January 23, 2023
- Sarralle launches hydrogen ladle heater in Spain January 23, 2023
- UK government prepares British Steel aid package: reports January 23, 2023
- Saarland mills launch label for green steel January 23, 2023
Menu
Checking...
Retry »
Sending message...
Contact Us
Fill in the form below and we will be in touch soon
Latest News
- Steel to comprise 40% hydrogen 2050 demand: BP
- French construction sector outlook deteriorates
- Spain’s Megasa upgrades Zaragoza merchant bar mill
- Benelux scrap recovers, supply issues continue
- SSAB reignition of Raahe BF adds to January furnace restarts across Europe
- Latest European steel HRC offer prices unsustainable, buyers say
- Spain’s 2022 car production improves, outlook uncertain
- SSAB restarts blast furnace at Raahe