European Commission to review Severstal HRC duty
The European Commission is reviewing the existing anti-dumping duty (ADD) on hot-rolled coil (HRC) shipments from Russian steel producer Severstal after being petitioned by European steel association Eurofer. Argus previously reported in May 2020 that Eurofer was pressing for the review. The investigation period will cover 1 January 2020 to 31 December 2020. Russia during January-October
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Massiver Gewinneinbruch zwingt zu Senkung der Prognose
Insbesondere in Europa, wo die voestalpine rund zwei Drittel ihres Umsatzes generiert, wirkten sich die Abschwächung der exportorientierten Industrie infolge zunehmender globaler Handelsbeschränkungen, die verringerte Nachfrage aus der Automobilindustrie sowie reduzierte Investitionen auf alle Konzern-Divisionen aus. Aber auch in China und den USA schlugen sich die weltweiten Handelskonflikte in einer nachlassenden konjunkturellen Dynamik nieder. Im
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Salzgitter-Konzern übertrifft aktuelle Markterwartungen
In den ersten neun Monaten 2019 verbuchte der Salzgitter-Konzern nach jetzt vorliegenden, noch vorläufigen Zahlen 40,7 Mio. € Gewinn vor Steuern (9M 2018: 284,6 Mio. €) und übertrifft damit die aktuellen Markterwartungen. Das Resultat beinhaltet sowohl die zum 30. September 2019 um 141,0 Mio. € aufgestockte Risikovorsorge im Zusammenhang mit der angestrebten einvernehmlichen Beendigung von
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thyssenkrupp, Klöckner merger rumours resurface
Rumour has it that thyssenkrupp and Klöckner & Co have been in closer talks than either side would admit so far. Last Friday Handelsblatt reported that talks are “…tangible,” citing unnamed sources from inside thyssenkrupp. The proposal that thyssenkrupp’s Materials Services division and Klöckner & Co could be interested in one another came up in the course
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Thyssenkrupp files complaint against EU over Tata merger
Thyssenkrupp will file a complaint against the European Commission’s decision to prohibit the formation of a European flat steel joint venture with Tata Steel. The complaint will be submitted to the General Court of the European Union (EGC), the group said Thursday. The Commission had found that a joint venture between thyssenkrupp and Tata Steel
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NEWS
- EUROMETAL was at Wire & Tube 2022 in Düsseldorf June 24, 2022
- Iron ore seeks direction June 24, 2022
- EU court upholds Commission’s Tata-thyssenkrupp merger prohibition June 24, 2022
- Some Italian longs demand seen resuming before stoppages June 24, 2022
- Experts debate scrap price floor at Kallanish conference June 24, 2022
- EU Parliament’s CBAM stance hits EU steel, aluminum competitiveness: groups June 24, 2022
- Pressure on Turkish HRC pricing leads mills to plan maintenance breaks June 24, 2022
- UK government proposes to extend steel import safeguards, formal decision imminent June 24, 2022
- Import offers tumble in EU HRC market June 24, 2022
- Tata stands firm on cutting ties with Russia June 24, 2022
- CIS steel output continues to fall in May June 24, 2022
- UK extends lapsing safeguards, steelmakers express relief June 24, 2022
- Acciaierie d’Italia idles lines amid demand deadlock June 24, 2022
- EU CRC and HDG market quiet as automotive negotiations continue June 23, 2022
- European stainless alloy surcharges to fall again in July June 23, 2022
- EU steel section prices continue to drop on low demand June 23, 2022
- EU HRC market mulls mill closures, import prices slide June 23, 2022
- Global steel production down 3.5% on year in May: worldsteel June 23, 2022
- Fimi reports full order books despite crisis June 23, 2022
- RWE, ArcelorMittal to cooperate for wind farms, hydrogen June 23, 2022
- Iron ore rebounds but nerves frayed Seaborne iron ore prices picked up slightly on June 22, 2022
- Eramet signs purchase agreement for Aubert & Duval June 22, 2022
- CCIA calls on coking companies to suspend production June 22, 2022
- SSAB partners with autopart maker for use of fossil-free steel June 22, 2022
- Wind, steel bodies call on EU to speed up on renewables to secure industrial energy supply June 22, 2022
- German steel distributors’ sales rise in May, stocks jump 12% on year: BDS June 22, 2022
- Oversupply edges EU hot-rolled coil prices lower June 22, 2022
- Ukraine’s steel output to fall 64% on year to 7.6 mil mt in 2022: GMK June 22, 2022
- ArcelorMittal to idle 1.5 million mt/year blast furnace at Dunkirk June 22, 2022
- German stockholders surpass 1mt sales in March June 22, 2022
- Centravis uses German, Polish ports for exports June 21, 2022
- Lithuania blocks Russian steel rail transit to Kaliningrad June 21, 2022
- ArcelorMittal prepares to idle Dunkirk blast furnace: sources June 21, 2022
- Iron ore collapses as steel markets panic June 21, 2022
- Finnish stainless steel group Outokumpu divests Italian plate service June 21, 2022
- Northern European HRC prices stable, Italian prices fall June 21, 2022
- Ukraine, Moldova, Georgia could be granted EU ‘candidate status’ as early as June 23-24, EC says June 20, 2022
- CMC Poland profits from Russia/Belarus steel ban June 20, 2022
- EU initiates Belarus rebar anti-dumping duty review June 20, 2022
- Russia to subsidise steel exports amid sanctions June 20, 2022
- Italian coil downturn continues June 20, 2022
- Italian longs destocking takes toll on prices June 20, 2022
- EU passenger car registrations fall 11.2% on year in May: ACEA June 17, 2022
- Turkey set to announce AD duty decision on EU HRC imports June 17, 2022
- European HRC market pessimistic on negative fundamentals June 17, 2022
- EU starts expiry review of anti-dumping measures on rebar from Belarus June 17, 2022
- Marcegaglia invests in Ravenna June 17, 2022
- UK Steel calls for safeguard to be confirmed June 17, 2022
- EUROMETAL participated in a visit to the Liège tramway terminal June 16, 2022
- European flat steel prices stable to softer amid zero activity June 16, 2022
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Latest News
- EUROMETAL was at Wire & Tube 2022 in Düsseldorf
- Iron ore seeks direction
- EU court upholds Commission’s Tata-thyssenkrupp merger prohibition
- Some Italian longs demand seen resuming before stoppages
- Experts debate scrap price floor at Kallanish conference
- EU Parliament’s CBAM stance hits EU steel, aluminum competitiveness: groups
- Pressure on Turkish HRC pricing leads mills to plan maintenance breaks
- UK government proposes to extend steel import safeguards, formal decision imminent