Southeast Europe steel output decreases in 2022
Southeast Europe (SEE) crude steel production fell in 2022, according to the latest worldsteel data monitored by Kallanish. Regional output amounted to 7.38 million tonnes, down by 34.7% year-on-year. In 2021, SEE output was 8.36mt, up by 37.5% on-year (see Kallanish passim). Romania was the largest steel producer among the eight countries of SEE, which
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Liberty rejects Luxembourg mill public acquisition offer: reports
Liberty Steel has rejected an acquisition offer for its Dudelange galvanizing mill in Luxembourg from local public-law banking institution SNCI, which was negotiated by the economy ministry, Kallanish learns from local reports. The original plan of the ministry was for SNCI to acquire the mill and then find a new owner. The move is reported
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Assofermet sees positive Italian scrap sentiment
Sentiment in the Italian scrap market is overall positive in February, despite the continued uncertainty regarding local mills’ production volumes for this month, Italian trade association Assofermet says in its market note monitored by Kallanish. “The hope is that orders for the finished product will be numerous, coupled with strong downstream end-user consumption,” the report
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Market takes stock of Turkish earthquake impact
Turkish ferrous trade paused on Monday as the country took stock of the 7.8 magnitude earthquake that struck at 04:17 local time near the city of Gaziantep, one of the largest earthquakes ever recorded in Turkey. The thoughts of everyone in the industry were with those affected by the tremor, which also impacted neighbouring Syria
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Benteler to retain US steel tube plant, cancels sale to Tenaris
Benteler Group will not pursue the previously announced sale of its Shreveport, Louisiana, seamless steel tube plant to Tenaris, the company said Feb. 6, citing a renewed strengthening of demand in the oil and gas markets that the facility supplies. “Following the successful ramp-up of the Benteler steel tube plant in Shreveport, the site is
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NEWS
- Southeast Europe steel output decreases in 2022 February 7, 2023
- Liberty rejects Luxembourg mill public acquisition offer: reports February 7, 2023
- Assofermet sees positive Italian scrap sentiment February 7, 2023
- Market takes stock of Turkish earthquake impact February 7, 2023
- Benteler to retain US steel tube plant, cancels sale to Tenaris February 7, 2023
- Salzgitter chooses Baffinland Iron Mines as supplier for green steel plant February 7, 2023
- German steel market expects prices to soften, production levels to increase: survey February 6, 2023
- ArcelorMittal boosts digitisation in France February 6, 2023
- EU imports fall despite higher longs intake: Eurofer February 6, 2023
- Energy prices become key factor in European metallurgical market in 2022 February 6, 2023
- UK launches China coated flats anti-dumping transition review February 3, 2023
- UK to extend China heavy plate anti-dumping duties February 3, 2023
- Eurofer lowers consumption growth forecast after Q3 low February 3, 2023
- Italian rebar makers push up asking prices February 3, 2023
- US steel industry ‘not particularly concerned’ about EU carbon border mechanism February 3, 2023
- Eurofer expects 4.6% fall in EU steel demand in 2022, 1.6% in 2023 February 3, 2023
- Idled Hungarian steel mill Dunaferr to return to market towards end-February: sources February 3, 2023
- Eurofer forecasts decline in European steel demand in 2023 February 3, 2023
- Action needed in UK to attract investment for low-carbon steelmaking projects: ETC February 2, 2023
- EU Green Deal Industrial Plan must promote investment in low-carbon steel projects: Eurofer February 2, 2023
- Borusan Mannesmann to start new Romania steel pipe facility end-2023 February 2, 2023
- EU HRC prices stable as buyers question price sustainability February 2, 2023
- Italian domestic CRC, HDG rises on high import offers, good order books February 2, 2023
- Flat steel producer Acciaierie d’Italia to boost production in 2023, 2024 February 2, 2023
- UK decarbonisation window narrowing, carbon pricing critical: ETS February 2, 2023
- Italian plate contracts rise February 2, 2023
- CRC and HDG coil prices in Europe move up on limited supply February 1, 2023
- Toyota to halt Turkish, Czech production: reports February 1, 2023
- French rebar sellers report disappointing January February 1, 2023
- Aperam increases alloy surcharges February 1, 2023
- Turkish flats duties may only affect some pipemakers February 1, 2023
- European HRC buyers expect prices to correct; mills optimistic on good order books February 1, 2023
- Europe urgently needs structured automotive industrial policy: ACEA February 1, 2023
- EU HRC domestic prices mostly remain stable as market awaits imports February 1, 2023
- Global crude steel production falls 4.3% on year in 2022: worldsteel February 1, 2023
- European HRC buyers delay purchases, mills insist on higher prices January 31, 2023
- Steel to comprise 40% hydrogen 2050 demand: BP January 31, 2023
- French construction sector outlook deteriorates January 31, 2023
- Spain’s Megasa upgrades Zaragoza merchant bar mill January 31, 2023
- Benelux scrap recovers, supply issues continue January 31, 2023
- SSAB reignition of Raahe BF adds to January furnace restarts across Europe January 31, 2023
- Latest European steel HRC offer prices unsustainable, buyers say January 31, 2023
- Spain’s 2022 car production improves, outlook uncertain January 30, 2023
- SSAB restarts blast furnace at Raahe January 30, 2023
- Semiconductors could hurt automotive output until 2026: VDA January 30, 2023
- Strong demand returns for Italian HRC January 30, 2023
- Liberty Steel Group investigating restart of Dunaferr: union official January 30, 2023
- Demand for heavy plate up in Italy, mills aim for higher prices January 30, 2023
- Subdued trading keeps steel rebar prices flat in Poland January 30, 2023
- Manni Group announces the sudden death of Giuseppe Manni January 27, 2023
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Latest News
- Southeast Europe steel output decreases in 2022
- Liberty rejects Luxembourg mill public acquisition offer: reports
- Assofermet sees positive Italian scrap sentiment
- Market takes stock of Turkish earthquake impact
- Benteler to retain US steel tube plant, cancels sale to Tenaris
- Salzgitter chooses Baffinland Iron Mines as supplier for green steel plant
- German steel market expects prices to soften, production levels to increase: survey
- ArcelorMittal boosts digitisation in France