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Distribution reports weaker demand in February: Assofermet

After acceptable sales in January, demand from end-users is weak in the first days of February...

Megasa to improve energy self-sufficiency in Portugal

Portuguese long steel producer SN Maia, part of Grupo Megasa, will significantly increase the use of...

Eurofer trims outlook for 2024 steel consumption

Eurofer, the European steelmakers association, again has lowered its outlook for apparent steel...

CBAM hits small German companies hard: Stahlmarkt

The Carbon Border Adjustment Mechanism (CBAM) of the European Union gives industries a hard time...

Scrap not gold, trade regulations ineffective, say panelists

Scrap may in fact not be the new gold, while regulations will not prevent scrap from being traded...

EU HRC prices likely to soften in near term, sources say

European domestic hot-rolled coil prices are expected to soften in the near term due to low demand...

European CRC market dominated by imports; domestic mills avoid giving offers

Domestic prices for cold-rolled coil in Europe inched down in the week to Wednesday February 7 due...

Voestalpine expects higher steel shipments in January-March despite gloomy economic outlook

International steel and technology group Voestalpine expects that shipments from its steel division...

Electric smelting could reach DRI-EAF cost parity: WoodMac

The direct reduced iron-electric smelting furnace-basic oxygen furnace (DRI-ESF-BOF) route could...

Metinvest increases exports to Poland, border bottlenecks remain

Metinvest Group increased the export of steel products to Poland in 2023 by 16% year-on-year, says...

British Steel submits Scunthorpe EAF planning application

British Steel has submitted a planning application to North Lincolnshire Council for its proposed...

Europe longs: Slow demand weighs on sentiment

European producers of long products grappled with slow demand during the winter season, trying to...
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