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
- High-use industries demand EU tackle energy prices urgently to maintain competitiveness September 30, 2022
- Prices slump in ‘absolutely unhealthy’ European steel sections market September 30, 2022
- Ukraine produces at 15% capacity: Ukrmetallurgprom September 30, 2022
- ArcelorMittal Spain idles blast furnace amid furlough negotiations September 30, 2022
- Exit of fabricators threatens to drain Germany industry September 30, 2022
- EU hot-rolled coil buyers avoid booking on lack of clear outlook September 30, 2022
- ArcelorMittal moves ahead with temporary blast furnace shutdowns in Europe September 30, 2022
- The 15th convention of the French federation FFDM took place in Rennes September 30, 2022
- Revista InfoAcero Septiembre 2022 September 30, 2022
- Turkey’s Beycelik Gestamp to supply automotive components to UK’s Arrival September 30, 2022
- Steel plate prices stabilize in Italy, Northern Europe amid sufficient trading activity September 29, 2022
- Weak demand, cheaper imports put pressure on European flat steel prices September 29, 2022
- Auto suppliers need stockkeeping support from carmakers: conference September 29, 2022
- Celsa creditors present restructuring plan to court September 29, 2022
- Danieli forecasts another good year on green steel plants and machinery orders September 29, 2022
- Steelmaker ArcelorMittal, Zeleros to collaborate on hyperloop project in Europe September 29, 2022
- Demand in the European CRC, HDG market minimal September 29, 2022
- Italian steel mills restarting operations in October on new energy decree September 28, 2022
- European steel rerollers warn of knock-on effects if EU sanctions Russian semis September 28, 2022
- Spanish automotive industry sees summer performance improvement September 28, 2022
- More Acquisitions agrees Megasteel reverse takeover listing September 28, 2022
- Dunaferr urgently seeks coke, longer-term state energy support September 28, 2022
- Ascoval to cut production on high energy costs September 28, 2022
- EU re-rollers oppose ban on Russian semis September 28, 2022
- German mills need to absorb energy costs: analyst September 28, 2022
- Steel industry leaders support decarbonisation plan September 27, 2022
- Georgsmarienhütte signs supply contract for green electricity September 27, 2022
- Green trend could restructure business relations September 27, 2022
- Spain’s Sidenor halts Reinosa rolling mill September 27, 2022
- EU apparent flats demand seen bottoming out: supplier September 27, 2022
- EU HRC market sees slow activity as mills, buyers show different market outlook September 27, 2022
- Arvedi resumes production at its EAFs mill in Cremona September 27, 2022
- German August steel sales rise slightly on year, stocks elevated September 27, 2022
- French rebar market drags on gloomy sentiment September 26, 2022
- Moody’s metals and mining outlook turns negative September 26, 2022
- Schuler aims to tackle increasing metalforming cyber attacks September 26, 2022
- Italian stainless flats sales improve slightly, uncertainty remains September 26, 2022
- EU coil supply-demand balance remains elusive amid stoppages September 26, 2022
- H2 Green Steel partners with Greeniron H2 for iron waste recycling September 26, 2022
- EU HRC prices stable in slow market, more production cuts expected September 26, 2022
- LME scrap contracts see gains, near-term backwardation shifts into soft contango September 26, 2022
- Tata Steel, Hardt Hyperloop partner on low carbon steel to reduce transport emissions September 26, 2022
- UK steel sector urges government to stop imports of Russia-origin processed steel September 26, 2022
- Six steel associations came together for a UK Steel Forum September 23, 2022
- Global steel production falls 3% on year in August: worldsteel September 23, 2022
- Ukraine’s Metinvest says studying construction of DRI-fed EAF steel plant in EU September 23, 2022
- Decarbonising ferrous needs $1.4 trillion investment: Wood Mackenzie September 23, 2022
- HYBRIT starts pilot hydrogen cavern storage in Sweden September 23, 2022
- Market deadlock to last until year-end: Italian distribution September 23, 2022
- Bureaucracy to impede green transition in Germany: conference September 23, 2022
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Latest News
- High-use industries demand EU tackle energy prices urgently to maintain competitiveness
- Prices slump in ‘absolutely unhealthy’ European steel sections market
- Ukraine produces at 15% capacity: Ukrmetallurgprom
- ArcelorMittal Spain idles blast furnace amid furlough negotiations
- Exit of fabricators threatens to drain Germany industry
- EU hot-rolled coil buyers avoid booking on lack of clear outlook
- ArcelorMittal moves ahead with temporary blast furnace shutdowns in Europe
- The 15th convention of the French federation FFDM took place in Rennes
