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Eurofer lowers EU demand forecast amid ‘worsening’ uncertainties

Eurofer has revised down its EU apparent steel consumption forecast for 2024 to 1.4% growth – from...

Liberty Galati restarts BF amid plate, coated demand

Liberty Galati will restart its blast furnace No.5 in the coming days, on the back of healthy demand...

Stahl Gerlafingen cuts output in summer

Swiss steelmaker Stahl Gerlafingen has announced short-time working for August and has filed for...

European HRC prices remain mostly steady on weak demand, muted activity

European domestic prices for hot-rolled coil remained mostly steady July 26 on muted activity and...

Thyssenkrupp lowers full-year steel sales outlook on challenging market environment

German steelmaker Thyssenkrupp has lowered its sales outlook for the 2023-24 financial year ending...

ArcelorMittal increases offer prices for long steel products across Europe

ArcelorMittal has increased its offer prices for all long steel products across Europe by €20 ($22)...

Egypt’s Suez Canal revenue shrinks 23% amid attacks on shipping, political tensions

Shipping companies redirecting their vessels away from the Red Sea, to avoid the attacks by Houthi...

EUROMETAL members expect stable steel prices in 4Q

Steel distributors’ association EUROMETAL’s inaugural market sentiment survey shows that...

European HRC prices hold largely steady amid lackluster demand, low restocking levels

European domestic hot-rolled coil prices remained largely steady July 24 amid limited re-stocking...

Thyssenkrupp forms joint venture with Duisburg port

Following approval from the German cartel office, the logistics joint venture between thyssenkrupp...

Marubeni-Itochu Steel acquires stake in Spain’s Network Steel

Spanish coil processing company Network Steel (NS) says Japan-based Marubeni-Itochu Steel Inc...

French longs prices flatten

Long steel prices in France have remained stable over the past week. At the start of July, there was...
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