EU HRC prices stable, buyers hold back from restocking
European domestic hot-rolled coil prices were unchanged day on day March 30, with distributors avoiding booking significant volumes, market sources said. That approach by buyers has been driven by an uncertain outlook for demand and prices in the third quarter. Platts assessed domestic HRC prices in Northwest Europe at Eur860/mt ex-works Ruhr March 30, stable
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Georgsmarienhütte, Volkswagen step up reuse of rejected steel
Georgsmarienhütte and nearby carmaking plant Volkswagen Osnabrück will be strengthening their cooperation in the recycling of steel, Kallanish hears from the German long products maker. Volkswagen has a pressing plant in Osnabrück, where strip steel is processed into body components for on-site production at other group locations. For some years, unused metal from the manufacturing
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ArcelorMittal modernises coke plant amid energy transition
ArcelorMittal Poland (AMP) is carrying out a PLN 165 million ($38.5m) modernisation of its Zdzieszowice coke plant, including adding three flue gas denitrification installations that will significantly reduce nitrogen oxide emissions, the firm says. The coke oven gas fires a cogeneration plant (CHP) that supplies heat to around 7,000 people in the neighbouring town. “We
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Ukrainian steelmakers see recovery signs, challenges remain: GMK
Ukrainian steelmakers plan to increase production after a difficult fourth quarter in 2022, which followed 40% of steel capacities being seized or destroyed in Mariupol, according to Ukraine-based GMK Center. In 2022, Ukraine’s average annual steel capacity utilisation was 30%, while in Q4 it was only 15-20%. As electricity supply stabilises, monthly production dynamics in
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Heavy steel plate prices edge down in Italy ahead of steady April; prices stable in Northern Europe
Steel plate prices were stable in Northern Europe, but slightly down in a quiet Italian market in the week to Wednesday March 29, with producers in Southern Europe giving discounts for bigger volumes, sources told Fastmarkets.ItalyItalian re-rollers were offering May delivery plate at around €900-910 ($974-985) per tonne EXW, with transactions for small tonnages reported
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NEWS
- Vanessa Espeel is the new president of Belmetal May 26, 2023
- US Steel Kosice considers blast furnace stoppage on weak demand – sources May 26, 2023
- Prices continue to slide across rebar, wire rod markets in Southern Europe May 26, 2023
- EU HRC market outlook bearish on low demand, competitive offers from Central Europe May 26, 2023
- Italy’s AST to stop production for a week on low demand May 26, 2023
- Biden highlights US-EU steel trade May 26, 2023
- Shape builds bumpers from SSAB ‘fossil-free’ steel May 26, 2023
- ArcelorMittal’s French sites compensate for Dunkirk production loss May 26, 2023
- Low-priced longs imports, weak consumption concern EU mills May 26, 2023
- ArcelorMittal eyes automotive steel weight reduction May 25, 2023
- Green steel needs policy support, market demand questionable May 25, 2023
- Thyssenkrupp unions warn against subsidy cuts amid decarbonisation May 25, 2023
- Acciaierie d’Italia faces Taranto shutdown order over pollution May 25, 2023
- Italian rebar prices plummet May 25, 2023
- Europe longs: Price cuts continue May 25, 2023
- Some EU HRC mills return with offers, sentiment negative May 25, 2023
- ArcelorMittal to restart Dunkirk BF No.4 in third week of June May 25, 2023
- European rebar market weakens further May 25, 2023
- Safety and health in the steel industry: World Steel data report 2023 May 24, 2023
- Liberty Steel unit awarded two North Sea pipe contracts by Subsea7 May 24, 2023
- EU HRC market sentiment bearish; import prices stop declining May 24, 2023
- Salzgitter and Klöckner & Co team up to increase green steel volumes available in the market May 24, 2023
- Global crude steel output slips 2.4% on year to 161.4 mil mt in April May 24, 2023
- Global production turns down again in April May 24, 2023
- Salzgitter, thyssenkrupp eye HKM low-emission transformation, Vallourec out May 24, 2023
- Salzgitter to supply low-emission steel to Klöckner/Becker May 24, 2023
- Eurostat confirms slowdown of construction activity in Europe May 24, 2023
- EU scrap availability tightens, mills ‘decouple’ supply chain May 24, 2023
- Spanish rebar market weakens on slow demand May 24, 2023
- EU first-quarter distribution stocks recede after record high May 24, 2023
- EU steel buyers request safeguard measures removal May 24, 2023
- Fredrik Haglund appointed new President of Tibnor May 24, 2023
- Alleima appoints new head of tubes division May 23, 2023
- AMKR maintains ‘green’ steel focus despite war: ceo May 23, 2023
- Northwest European mills seek role in suspended market May 23, 2023
- Italian scrap market slows on production cuts: Assofermet May 23, 2023
- CBAM gets final approval, transitional phase from October May 23, 2023
- EU steelmakers lower heavy plate prices May 23, 2023
- SSAB and BE Group announce partnership for fossil-free steel May 23, 2023
- H2 Green Steel, Thyssenkrupp Nucera to develop Swedish electrolysis project May 23, 2023
- EU HRC prices stable in slow market, sentiment negative May 23, 2023
- Interpipe exports pipe for Spain, Portugal projects May 23, 2023
- EU extends China heavy plate anti-dumping duties May 22, 2023
- ArcelorMittal Mardyck starts works for five new lines May 22, 2023
- HDG could see deeper dip in northwest Europe May 22, 2023
- Italian longs quiet persists, buyers forecast steep falls May 22, 2023
- Coil price downturn likely to continue in Europe May 22, 2023
- CBAM Regulation officially signed May 22, 2023
- Sustainability elevates prices, China cuts coming: Kallanish conference May 19, 2023
- Italy’s April crude steel output falls 12.1% on year as demand weakens May 19, 2023
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Latest News
- Vanessa Espeel is the new president of Belmetal
- US Steel Kosice considers blast furnace stoppage on weak demand – sources
- Prices continue to slide across rebar, wire rod markets in Southern Europe
- EU HRC market outlook bearish on low demand, competitive offers from Central Europe
- Italy’s AST to stop production for a week on low demand
- Biden highlights US-EU steel trade
- Shape builds bumpers from SSAB ‘fossil-free’ steel
- ArcelorMittal’s French sites compensate for Dunkirk production loss
