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UK HRC market sentiment bearish on low demand

Domestic prices for hot-rolled coil in the UK fell in the week ended May 16 as trading activity...

H2 Green Steel explores four new ‘large’ projects

Swedish start-up H2 Green Steel is confident customers are willing to pay a premium for green steel...

Voestalpine, Mercedes-Benz, TSR ensure green steel for automotive

Austria’s largest steelmaker, voestalpine, together with Mercedes-Benz and TSR Recycling, will form...

Margins remain under pressure downstream: Assofermet

Italian service centres are “caught in the grip between producers and consumers, in a market...

Executives doubt EU stainless market recovery: BIR

A recovery in the European stainless steel market is yet to come. Some analysts forecast a two-digit...

Biden administration confirms China 25% steel tariff

The Biden administration confirms it will increase the tariff rate on certain China-origin steel and...

Assofermet Steel Market Note – May 2024

Carbon Flat Steel Service Centers April was subdued in terms of volumes sold, even though there was...

Ukraine cuts pig iron exports to retain raw materials for domestic steel: GMK Center

Ukraine’s exports of pig iron plunged to 55,710 mt in April, down almost 40% from March and by a...

Salzgitter lowers 2024 forecast for steel market

Salzgitter has lowered its 2024 forecast for the steel market as signs of a recovery are weaker than...

EU HRC prices remain unchanged on flat demand

Domestic prices for hot-rolled coil remained unchanged in Europe May 13 on limited end-user demand...

Western Europe scrap rises moderately compared to south

French and Luxembourg scrap prices are rising between €5-10/tonne ($5.3-10.7) for some grades, while...

Europe BFs stay longer, CCUS has limitations

The lack of sufficient energy supply and capital means steel industry decarbonisation is likely to...
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