Italian flats output surges in September
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Italian flats output surges in September

Published: 19 Oct 2021
Italian flats output surges in September

Italian crude steel output increased significantly again in September after rising in previous months, according to data issued by local steelmakers association Federacciai. Last month, crude steel production rose by 28% year-on-year to 2.3 million tonnes, Kallanish notes. Output also hiked in the first nine months of the year, by 27.6% on-year to 18.6mt. Italian flat steel

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Assofermet asks EU to suspend coil anti-dumping duties

Published: 19 Oct 2021
Assofermet asks EU to suspend coil anti-dumping duties

Italian distributors’ association Assofermet has asked the European Commission to recognise the coil supply/demand imbalance in Italy and adopt the same suspension of anti-dumping duties as implemented for aluminium flat-rolled products originating from China. “Assofermet hopes that the recognition of the current market situation in the aluminium sector may also find confirmation in the case

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Steel prices won’t decrease anytime soon: Irepas committee

Published: 19 Oct 2021
Steel prices won’t decrease anytime soon: Irepas committee

Steel prices will not significantly decrease at least until the second quarter of 2022, as high raw material, shipping and energy costs as well as production cuts in China have been supporting prices globally, said F.D. Baysal, president of Seba International Inc. and chairman of the Irepas traders committee. Baysal and other participants expressed generally

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Microchip supply continues to limit Turkish auto output

Published: 19 Oct 2021
Microchip supply continues to limit Turkish auto output

The microchip supply problem that is affecting many sectors globally has continued to reduce automotive output in Turkey, which has also continued to affect the sector’s steel demand. Following some other major producers’ output cuts in the previous months, Bursa-based Oyak Renault, a joint venture between France’s Renault Group and Turkey’s Oyak – parent company

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CMC Poland lifts deliveries, energy crunch impact minimal

Published: 18 Oct 2021
CMC Poland lifts deliveries, energy crunch impact minimal

CMC Poland saw a significant improvement in August-quarter profitability due to supply tightness expanding margin, while steel demand from both the construction and industrial end markets was solid, says US parent CMC. Residential construction and industrial activity should continue boosting volumes going forward. CMC Poland grew steel shipments 21% on-year in the fourth fiscal quarter

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