German construction sector remains upbeat for 2020
Germany’s construction industry is expecting revenues to rise in 2020, Kallanish hears from the main industry associations Hauptverband der Deutschen Bauindustrie and Zentralverband Deutsches Baugewerbe. Revenues are anticipated to grow by 8.5% to €137 billion ($145 billion), following an estimated increase of 11% in 2019. Given that prices increased by 5.5% last year, the adjusted, or real, growth in revenue
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Parliament asks EU commissioner for steel safeguards’ review
The new European trade commissioner Phil Hogan has received a letter signed by a range of members of the European parliament (MEPs) about the EU safeguard system for steel imports. The MEPs are requesting a review of the system. In the letter, seen by Kallanish, the MEPs note that the review carried out in 2019 “… corrected
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Duty-free rebar import quotas in EU from Russia, Ukraine drop to critical levels
Duty-free quotas for rebar shipments into the EU from Russia and Ukraine are getting close to critical levels, according to data published by the European Commission on its website. However, the remaining quota levels — mainly for rebar — together with extended mill stoppages over the holiday period and a rebound in apparent consumption could
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Turkish automotive production, sales soar in December
Turkish automotive production rose 10.3% on-year in December to 135,775 vehicles, driven by a 15.5% rebound in passenger car production to 94,991 cars, Kallanish learns from the Turkish Automotive Manufacturers’ Association (OSD). Commercial vehicle production, however, fell -0.1% to 40,784 units. Demand for Turkish cars soared in December, with domestic passenger car sales up 16% on-year to
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New EU Green Deal to benefit Ilva
The former Ilva plant in Taranto is expected to benefit significantly from the newly presented European Green Deal, a roadmap for making Europe sustainable through investments. In a recent interview, David Sassoli, the Italian president of the European Parliament, confirmed that Italy will have the opportunity to claim as much as €4 billion through the
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NEWS
- Bamesa joins Sumitomo as Czech steel distributor owner January 17, 2020
- Salzgitter acquires Dutch plate stockholder January 17, 2020
- Leeco moves to larger Canadian plate facility January 17, 2020
- Plate mill Huta Czestochowa resumes output after holiday January 17, 2020
- ArcelorMittal Italia to restart Taranto plate rolling mill: union sources January 17, 2020
- German construction sector remains upbeat for 2020 January 16, 2020
- Parliament asks EU commissioner for steel safeguards’ review January 16, 2020
- Duty-free rebar import quotas in EU from Russia, Ukraine drop to critical levels January 16, 2020
- Turkish automotive production, sales soar in December January 16, 2020
- New EU Green Deal to benefit Ilva January 15, 2020
- Thyssenkrupp, Salzgitter deny active merger talks January 15, 2020
- Tata Steel to postpone Dutch job cuts: reports January 15, 2020
- EU, US, Japan to extend cooperation on excess steel capacity January 15, 2020
- Austrian distributor invests in new facilities January 14, 2020
- Dutch sheet processor expands in Germany January 14, 2020
- Turkey to decide on trade measures following EU’s quota review January 14, 2020
- European plate market set for tough year with Dillinger on short-time working January 13, 2020
- UK steelmakers have ‘bad week at the office’ January 13, 2020
- Germany’s Lotter expands with rebar distributor acquisition January 13, 2020
- Hoesch Schwerter Profile files for insolvency January 10, 2020
- Liberty Steel to cut 355 jobs January 9, 2020
- UK unions seek urgent meeting as concerns grow on Tata Steel January 9, 2020
- Italian court says Taranto steel plant’s blast furnace 2 can stay open January 9, 2020
- ArcelorMittal to start new Gijón coke battery January 9, 2020
- ArcelorMittal to restart Spanish blast furnace this week January 9, 2020
- Turkey revises import duties on certain products January 9, 2020
- New plate warehouse commissions at Port of Antwerp January 9, 2020
- USSK postpones dynamo steel investment on tough market January 8, 2020
- Swiss billionaire acquires S+B founder families’ shares January 8, 2020
- ArcelorMittal Spain prepares for first-quarter stoppages January 8, 2020
- Panel report adopted regarding Moroccan measures on hot-rolled steel from Turkey January 8, 2020
- Worthington increases stake in joint venture January 7, 2020
- Antwerp companies merge to form new logistics provider January 7, 2020
- Jingye in talks with EU regulators to close British Steel acquisition: Official Receiver January 7, 2020
- Headwinds for European flat steel set to persist January 7, 2020
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Latest News
- Bamesa joins Sumitomo as Czech steel distributor owner
- Salzgitter acquires Dutch plate stockholder
- Leeco moves to larger Canadian plate facility
- Plate mill Huta Czestochowa resumes output after holiday
- ArcelorMittal Italia to restart Taranto plate rolling mill: union sources
- German construction sector remains upbeat for 2020
- Parliament asks EU commissioner for steel safeguards’ review
- Duty-free rebar import quotas in EU from Russia, Ukraine drop to critical levels