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European energy crisis prompts widespread steel output cuts; nickel, chrome markets watch and wait

Soaring energy costs have triggered temporary production cuts at several steel mills across Europe...

Sweden receives Eur155.7 mil EU grant to achieve energy transition, transform metals industry

Sweden will receive Eur155.7 million ($154.6 million) in EU grants to help the country achieve...

Swiss steelmaker Stahl Gerlafingen to work shorter hours in Q4 amid high energy prices

Swiss long steel products maker Stahl Gerlafingen told Switzerland’s NZZ am Sonntag on Sept. 4...

EU HRC market enters ‘new era’ of cost-driven increases

Tradable ranges were uncertain in the European hot-rolled coil market Sept. 5, as the market...

ArcelorMittal to shut BF, sinter line at Dunkirk plant

ArcelorMittal announced plans to shut down blast furnace No. 3, a sinter line and two galvanizing...

ArcelorMittal to idle Gijon blast furnace due to ‘challenging’ European steel market

ArcelorMittal in Spain said Sept. 1 it will idle blast furnace A at its 4.5 million mt/year Gijon...

Coking coal ends week marginally higher

Seaborne coking coal prices ended marginally higher last week as the outlook remains uncertain...

Moody’s lowers steel price assumptions, remain above average

Moody’s has lowered its price assumptions for the next 12 months for steel and coking coal to...

Thyssenkrupp tests hydrogen in tinplate production

The German Federal Ministry for Economic Affairs and Climate Action is funding two joint projects in...

ArcelorMittal to halt Gijón blast furnace

ArcelorMittal says it will temporarily halt blast furnace A at its Gijón mill in northern Spain at...

Italian steelmakers mull energy surcharge

Some Italian mills are considering implementing an energy surcharge on top of their finished product...

Soaring energy idles ArcelorMittal Germany units, imports DRI

ArcelorMittal Germany is feeling the consequences of the exorbitant rise in energy prices, weak...
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