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
- 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
- Weak demand stifles trading in Italy, Spain rebar markets January 20, 2023
- Germany’s Dillinger supplies steel plates to Liebherr for energy transition applications January 20, 2023
- UK distributors await return of HRC mills to market, pessimistic on increases January 20, 2023
- Slovakia’s US Steel Kosice restarts BF1 January 20, 2023
- EU HRC producers withdraw offers as returning capacities threaten bullish trend January 20, 2023
- Italy’s crude steel output falls in 2022 January 20, 2023
- Outokumpu restarts ferrochrome furnace earlier than anticipated January 20, 2023
- Energy transition to invert scrap trade flow: conference January 20, 2023
- European car sales drop 4.6% on year in 2022: ACEA January 19, 2023
- Steel, metals scrap merchants, recyclers fear trade impact of revised EC shipment rules January 19, 2023
- European mills aim for higher CRC, HDG prices despite limited demand January 19, 2023
- European CRC, HDG prices up despite subdued end-user demand, more rises likely January 19, 2023
- Limited availability, improved buying support HRC price rise in Europe despite still-slow consumption January 19, 2023
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Latest News
- Manni Group announces the sudden death of Giuseppe Manni
- Rebar trading activity slows in Italy and Spain; price direction uncertain
- European buyers resist higher CRC, HDG offers
- Global hydrogen investment triples, Europe lags behind: BNEF
- Green Steel initiative encourages partners’ decarbonisation: Swiss Steel
- Voestalpine acquires Swiss bright bar firm
- Eurofer joins WindEurope in raw materials access lobbying
- EU coil mills prefer shorter contract periods