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Sweden’s H2 Green Steel raises Eur260 mil for low carbon steel plant development

Swedish low carbon steel developer H2 Green Steel has secured Eur260 million ($255.2 million) in...

Cold-rolled coil, hot-dipped galvanized prices under pressure in ‘phantom’ EU market

Competitive import offers, declining hot-rolled coil prices and poor demand are restricting the...

Global steel demand to drop 2.3% on year in 2022: worldsteel

Steel demand is expected to drop 2.3% year on year in 2022 to 1.8 billion mt and then only recover...

EU mills give discounts for December delivery HRC, aim for higher prices in Q1

European steelmakers have continued to offer December delivery hot-rolled coil Oct. 19 in an attempt...

Tata Steel and Permastore reach supply agreement for low-CO2 steel

The two companies have agreed on a deal that allows Permastore to offer options for Zeremis Carbon...

A recap of European steel decarbonization amid the ongoing energy crisis

The transition from traditional blast furnace-based steelmaking to so-called “green” routes of...

Posco Holdings chief elected worldsteel chairman

Posco Holdings chief executive Jeong-Woo Choi has been elected worldsteel chairman for one year from...

ArcelorMittal Warszawa works on energy reduction amid stoppage

ArcelorMittal Warszawa’s production stoppage continues, with the firm working on ways to reduce...

Trasteel buys Italian re-roller Profilmec

Swiss trading firm Trasteel has acquired Italian re-roller Profilmec, Kallanish learns from...

German sheet formers fear insolvencies amid power costs

For more than half of Germany’s sheet forming processor companies, electricity contracts with their...

French rebar activity remains weak

French rebar activity remains weak French rebar demand continues to be weak in October. Distributors...

EU to prolong free CO2 allowances beyond 2030

European steelmakers are on track to receive free CO2 allowances as part of the Emissions Trading...
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