EU summer break could be shorter this year
The seasonal slowdown of business in the summer months this year should be less pronounced than in “…normal” years, given that business is already slowed down massively. Some observers have raised the possibility that summer may even bring a revival of activity. One German trader of coil products suggests exactly this. “Some say that summer
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Blockchain partnership aims to digitalise steel industry data
Two Austrian IT companies have created a partnership to jointly offer services that improve traceability of documentation in the steel industry. The “Steel But Smart” venture comprises blockchain interface solutions provider Riddle&Code and S1Seven, a company developing solutions particular to the steel industry. Europe’s steel production sites and processing companies exchange around 100 million paper
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Spain’s Grupo Industrial CL agrees deal for Gallardo Balboa buyout
Spanish industrial group Grupo Industrial CL announced July 11 it has reached an agreement with US fund KKR to buy 100% of Grupo Gallardo Balboa, an Extremadura-based holding company for various steelmaking corporations that makes corrugated steel, for theequivalent of Eur145 million ($164 million). The steel group will be absorbed into Grupo Industrial CL which
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ArcelorMittal plans to restart Dunkirk blast furnace
ArcelorMittal is expected to restart during August one of the two temporary idled blast furnaces at its site in Dunkirk, northern France, a spokesperson from the company confirms. The spokesperson, however, declined to provide further details. ArcelorMittal temporarily idled two of Dunkirk’s three blast furnaces during March and April amid the slump in demand caused
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Stainless steel production decreases by 8.0% in first quarter of 2020
The International Stainless Steel Forum (ISSF) has released figures for the first three months of 2020 showing that stainless steel melt shop production decreased by 8.0% year–on–year to 11.7 million metric tons. Source: ISSF
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NEWS
- EU summer break could be shorter this year July 14, 2020
- Blockchain partnership aims to digitalise steel industry data July 14, 2020
- Spain’s Grupo Industrial CL agrees deal for Gallardo Balboa buyout July 14, 2020
- ArcelorMittal plans to restart Dunkirk blast furnace July 14, 2020
- Stainless steel production decreases by 8.0% in first quarter of 2020 July 13, 2020
- Port of Antwerp limits damage during corona crisis July 13, 2020
- European stainless overcapacity hampers sales July 13, 2020
- EU flats spreads seen recovering from record low July 13, 2020
- French port sees steel export increase in June July 13, 2020
- Steel imports slump in H1 at French port of Marseille Fos July 13, 2020
- Over 70 participants in the 1st EUROMETAL Webinar July 10, 2020
- Third quarter ‘worst’ for longs, markets reopen: Irepas July 10, 2020
- Antwerp Port’s first-half steel shipments drop steeply July 10, 2020
- EU plans two more safeguard reviews July 10, 2020
- German mechanical engineering industry sees weak demand continuing July 10, 2020
- Télétravail chez PSA : une phase test sera lancée sur quatre établissements en septembre July 10, 2020
- Megasa ups bid for Gallardo Balboa acquisition July 9, 2020
- Port of Antwerp iron and steel activity off 33% in H1, but June rebounds July 9, 2020
- Eurofer welcomes EU hydrogen strategy July 9, 2020
- Flat steel fair Euroblech postponed to 2021 as exhibitors pull out July 8, 2020
- European integrated steelmakers’ profitability seen tanking in 2020 July 8, 2020
- High mill stocks hamper Italian stainless scrap sales July 8, 2020
- UK June car registrations down 35% from 2019, EV sales up: SMMT July 7, 2020
- Tata Steel’s Dutch plant output back to normal as strike ends July 7, 2020
- Ex-Thyssenkrupp CEO Kerkhoff to head steel distributor Kloeckner July 7, 2020
- Global first-quarter stainless output declines July 6, 2020
- German car production falls 40% in first half July 6, 2020
- ArcelorMittal tests new ‘door-to-door’ coil transport for Genova July 6, 2020
- Celsa UK secures government loan to continue trading July 6, 2020
- LME scrap futures crimped by physical market uncertainty July 6, 2020
- Wind power boosts Dillinger’s plate orders amid virus slump July 6, 2020
- Sophia von 247 TailorSteel: Die Online-Assistentin July 6, 2020
- Bei verschlechterter Lage gestiegene Zukunftserwartungen July 6, 2020
- Zusammenarbeit mit 1.111 Handelspartnern July 6, 2020
- EUROMETAL Presidency Members met online July 3, 2020
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Latest News
- EU summer break could be shorter this year
- Blockchain partnership aims to digitalise steel industry data
- Spain’s Grupo Industrial CL agrees deal for Gallardo Balboa buyout
- ArcelorMittal plans to restart Dunkirk blast furnace
- Stainless steel production decreases by 8.0% in first quarter of 2020
- Port of Antwerp limits damage during corona crisis
- European stainless overcapacity hampers sales
- EU flats spreads seen recovering from record low