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Pressure on Turkish HRC pricing leads mills to plan maintenance breaks

Ongoing pressure on Turkish hot-rolled coil pricing due to slow demand has caused some producers...

UK government proposes to extend steel import safeguards, formal decision imminent

The UK government, based on a recommendation from the secretary of state for international trade...

Import offers tumble in EU HRC market

Import offers fell sharply in the European HRC market June 23, reinforcing bearish sentiments for...

Tata stands firm on cutting ties with Russia

Tata Steel says the 75,000 tonnes of coking coal received from Russia in May was contracted weeks...

CIS steel output continues to fall in May

CIS crude steel production decreased in May, according to the latest worldsteel data monitored by...

UK extends lapsing safeguards, steelmakers express relief

The UK government has decided to extend safeguard quotas for a further two years to end-June 2024 on...

Acciaierie d’Italia idles lines amid demand deadlock

Italian steelmaker Acciaierie d’Italia, the joint venture between ArcelorMittal and state-owned...

EU CRC and HDG market quiet as automotive negotiations continue

Activity in the downstream coil market was muted June 22 as steelmakers engaged in negotiations for...

European stainless alloy surcharges to fall again in July

Monthly alloy surcharges on nickel-bearing stainless steel flat-rolled products in Europe are set to...

EU steel section prices continue to drop on low demand

European domestic steel sections prices continued to soften during the week ending June 22, as...

EU HRC market mulls mill closures, import prices slide

Hot-rolled coil in Northern Europe was stable June 22, while prices in South Europe moved down on...

Global steel production down 3.5% on year in May: worldsteel

Global crude steel production totaled 169.5 million mt in May, down 3.5% from May 2021, according to...
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