Latest News

German fabricators bemoan doubling of grid fees

Germany’s steel and metals fabricators are alarmed about a doubling of power grid fees they face in...

Rapidly-filling safeguards quotas may support EU HRC price increase in early 2024

As expected by the market, allocations for imports of certain flat steel products to the EU in the...

EU import quotas for Chinese HDG, HRC and wire rod ‘other country’ quotas filled swiftly

Steel import quotas into the European Union for Chinese hot-dipped galvanized coil as well as quotas...

EU HRC mills target bullish offers due to healthy order books, buyers still on sidelines

European hot-rolled coil mills targeted bullish offers Jan. 4 due to healthy order books even though...

US steel import licenses jump 14% on month in December: Commerce

Total US steel imports are expected to rise on the month and on the year for December amid higher...

European HRC market largely inactive in continuing seasonal slowdown; mills to aim for higher prices later in month

The continuing turn-of-year holiday lull has kept European hot-rolled coil prices unchanged so far...

Tosyali buys Spanish tubemaker STS

Turkish conglomerate Tosyali Holding says it has acquired Spain’s Baika Steel Tubular System (STS)...

French buyers intend to rebuff longs increases

Some French buyers say they will try to refuse the recent wave of steel price increases implemented...

Italian rebar buyer uncertainty to impact January sales

Italian rebar buyers expect the current period of quiet to last until mid-January. Many of them are...

ArcelorMittal pairs up with India to develop hyperloop transportation

ArcelorMittal has partnered with Indian Institute of Technology Madras (IIT Madras) to develop...

EU HRC importers to pay first-quarter safeguard taxes

Importers of hot rolled coil into Europe are set to be requested to pay part of the 25% safeguard...

Quiet conditions prevail in European HRC market; prices stay flat

European hot-rolled coil prices were flat on Wednesday January 3 amid a lack of trading, sources...
Back to Top