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Japan’s Nippon Steel set to acquire US Steel; to boost output capacity to 86 mil mt/year

Japan’s largest steelmaker, Nippon Steel, said Dec. 18 that it will acquire Pennsylvania-located US...

Polish steel mills try higher rebar prices amid subdued demand, wire rod prices remain stable

Prices for Polish domestic steel rebar increased in the week to Friday December 15, while those for...

Offers for HRC rise in Europe, despite limited demand

Offer prices in the European hot-rolled coil market increased in the week to Friday December 15...

EU energy reform positive but ‘cosmetic’, says Unesid

The Spanish steel sector considers the provisional agreement to reform the EU’s electricity market...

Salzgitter takes step towards industrial hydrogen production

Salzgitter and its partner Sunfire say they are pushing ahead with rolling out Sunfire’s SOEC...

EU applies new UK-specific Northern Ireland steel TRQs

The European Commission has applied a safeguard measure on imports of certain steel products into...

Feralpi’s German rebar plant closes for repairs

Feralpi Stahl, the German rebar mill of Italy’s Feralpi Group, says it will stop production for four...

Italian plate prices to increase

Italian plate mill asking values are seen increasing by around €30-40/tonne ($32-43) compared to...

Liberty reignites some blast furnaces in Europe, power supply issues in Ostrava might threaten restart

Steelmaker Liberty Steel restarted one blast furnace (BF) in Europe in December and plans to restart...

Italian stainless flats market continues to suffer

The Italian stainless flat steel market continues to stagnate. Demand downstream remains weak, with...

Chinese automotive output hits historic high in November

In November, Chinese automotive output hit a historic high, as did the production and sales of new...

European steelmaking margins to rebound in 2024: Fitch

European steelmaking margins should recover in 2024 from this year’s trough as cost pressures ease...
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