German flat, long steel stocks decline in June
Steel inventories at German stockholders declined in June for both flat and long steel, according to data from German steel stockholder association BDS. Average flat steel stocks in June fell 1.8% month on month to 1.08 million mt, following a brief uptick in May. Year on year, flat steel stocks declined 18.6%. Long steel stocks
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German crude steel output jumps 38% on year in June: WV Stahl
Germany’s crude steel production in June jumped 38% on the year, supported by rising demand, steelmakers’ association WV Stahl said July 22. Crude steel production rose to 3.42 million mt in June, of which 2.27 million mt was produced by the blast furnace/basic oxygen furnace route and 1.15 million mt by the electric arc furnace
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Brazilian crude steel output jumps 45% on year in June: Aco Brasil
Brazil’s crude steel production in June advanced 45.2% on the year to 3.12 million mt, according to industry institute Aco Brasil on July 22. From January to June, the production rose 24% on the year to 18 million mt. Finished steel shipments to the domestic market increased 32.8% on the year, or about 44% in
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European hauler shortage and flooding hindering steel deliveries
The European market is seeing a consequential squeeze in finished steel supply following moderate ramp-ups from mills earlier in the year amid the COVID-19 pandemic, with additional shortages felt across the supply chain. Other limited materials include paper, wood and plastics needed for steel packaging, and most crucial, there is a shortage of trucks and
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Italy produces more longs than flats in June
Italian crude steel output hiked again in June after increasing in previous months, according to data issued by local steelmakers association Federacciai. Last month crude steel production rose by 20.1% year-on-year to 2.1 million tonnes, Kallanish notes. Output also hiked significantly in the first half of the year, by 26% on-year to 12.7mt. Italian flat steel production
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NEWS
- German flood causes inventory damage July 26, 2021
- Floods hit German long products supply chain July 26, 2021
- Salzgitter adds tailored blanks equipment July 25, 2021
- Shortage, minimal imports lift European stainless coil prices July 23, 2021
- Indian government lists six state-owned steelmakers for sale July 23, 2021
- German flat, long steel stocks decline in June July 23, 2021
- German crude steel output jumps 38% on year in June: WV Stahl July 23, 2021
- Brazilian crude steel output jumps 45% on year in June: Aco Brasil July 23, 2021
- European hauler shortage and flooding hindering steel deliveries July 23, 2021
- Italy produces more longs than flats in June July 22, 2021
- Four companies to bid for Acciai Speciali Terni July 22, 2021
- NLMK Louviere declares force majeure after fire July 22, 2021
- Italy HRC prices soften as production woes remain a concern July 22, 2021
- WV Stahl criticises EU’s ‘Fit for 55’ package July 21, 2021
- Carbon prices to continue escalating: Fitch July 21, 2021
- Asian flat steel prices rise on stronger Chinese offers July 21, 2021
- Bekaert anticipates good demand in second half-year July 20, 2021
- EU construction sector output approaches record July 20, 2021
- Berlin-based steel marketplace raises millions for expansion July 20, 2021
- Force majeure after Ruhr floods mainly concerns transportation July 20, 2021
- US HRC prices continue climbing July 20, 2021
- CBAM measures may complicated steelmakers’ inputs pricing July 20, 2021
- German steel shipment disruptions intensify; Thyssenkrupp declares FM July 20, 2021
- Court upholds Trump-era Turkish steel tariff hike July 19, 2021
- Abgelehnt: Freifahrtschein der EU für die energieintensive Stahlindustrie July 19, 2021
- Vier Mio. US-Dollar für Metall-Handelsplattform Vanilla Steel July 19, 2021
- LME scrap sees sharp losses, trading volumes rise July 19, 2021
- Asian stainless CRC rises amid China rally July 19, 2021
- Marcegaglia producing, shipping normally after Ravenna accident July 19, 2021
- Indian HRC quota exhausted, Europe expecting softer steel prices July 19, 2021
- EU HRC: Market contemplates flood damage July 16, 2021
- SSAB launches fossil fuel replacement research project July 16, 2021
- LME launches three new steel contracts July 16, 2021
- Wuppermann invests in Hungarian plant July 16, 2021
- Italian stainless scrap seen increasing again in September July 16, 2021
- China’s first half crude steel output up 12% on year July 16, 2021
- Russia mills say new EU carbon tax takes selective approach to steel July 16, 2021
- German steel impacted by heavy rain, cold-roller declares force majeure July 16, 2021
- Asian HRC mostly unchanged, Chinese market retreats July 16, 2021
- Severstal affirms 2030 CO2 reduction plan July 15, 2021
- EU’s carbon adjustment to become effective from 2026 July 15, 2021
- EU metal makers see CBAM raising costs as ETS allowances shrink July 15, 2021
- EU wants carbon tax for metals imports fully effective in 2026 July 15, 2021
- thyssenkrupp markets IoT tool to processors July 14, 2021
- Iron ore, steel bull markets are supported: SIOF July 14, 2021
- ArcelorMittal steel used to transport hydrogen in EU July 14, 2021
- Chinese exports rebound in June July 14, 2021
- ArcelorMittal Sestao to become zero CO2 emissions plant July 14, 2021
- Italy’s Acciaierie d’Italia to produce below 5 mil mt crude steel in 2021: sources July 14, 2021
- Eurofer concerned over ETS revision and limited CBAM July 13, 2021
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Latest News
- German flood causes inventory damage
- Floods hit German long products supply chain
- Salzgitter adds tailored blanks equipment
- Shortage, minimal imports lift European stainless coil prices
- Indian government lists six state-owned steelmakers for sale
- German flat, long steel stocks decline in June
- German crude steel output jumps 38% on year in June: WV Stahl
- Brazilian crude steel output jumps 45% on year in June: Aco Brasil