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European steelmakers to accept lower HRC prices to fill gaps in June-July order books

European hot-rolled coil producers decreased offers and were ready to give additional discounts to...

Severstal could decrease production volumes under sanctions

Russian steelmaker Severstal needs to reorient the direction of supplies in the face of sanctions...

Spanish automotive sector downturn continues in April

Spain’s carmaking sector remained depressed in April. Production and exports both fell, as a result...

Worldstainless foresees slowing stainless consumption in 2022

Worldstainless, the new name for the International Stainless Steel Forum (ISSF), expects global...

Global growth forecast deteriorates rapidly, recession risk increases

Forecasts for global economic growth have deteriorated drastically due to a confluence of factors...

First-quarter price surge, earlier re-stocking boost Stalprofil earnings

Stalprofil’s revenue surged 43% on-year in the first quarter to PLN 603.1 million ($140m), while net...

EU confirms one-year Ukraine trade barriers suspension

The European Parliament and the European Council have voted in favour of the proposal to suspend for...

EU HRC decreases, pace of decline slows

South European domestic hot-rolled coil offers moved down May 26, with the Northern market also...

Ukraine war makes EU safeguard removal possible: Yuriy Rudyuk

The full repercussions of steel trade redirection following Russia’s invasion of Ukraine remain...

With embedded CO2, steel scrap vital for green steel production: EUROMETAL’s Espada

Already embedded with CO2, ferrous scrap is the “new gold” key for the production of green steel...

Covid-19 pandemic accelerates low-carbon infrastructure investment

The Covid-19 pandemic has served to exacerbate existing trends across infrastructure and power...

Italian longs market remains in a lull

The Italian long steel market remains in a lull this week, with sales few and far between. Sources...
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