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EU steel companies bemoan shortage of spare parts

Mills in some European countries are having issues with carrying out repair and maintenance on...

Eurofer halves end-use sector output growth forecast

Eurofer has halved its forecast for EU steel-using sectors’ output to 2% on-year growth in 2022...

EU exports to US buck overall negative trend

European finished steel exports to the United States are bucking the trend of overall export decline...

BMW Q1 sales fall 6% on year, EV sales rise 28%

BMW Group delivered 596,907 vehicles to customers in the first quarter of 2022, down 6.2% from an...

Alternative-powered vehicles gain market share in EU from ICE automobiles in Q1: ACEA

Alternative-powered vehicles continued to gain market share from diesel- and gasoline-powered...

UK vehicle sales drop 15.8% in April, 2022 outlook downgraded: SMMT

New car registrations in the UK totaled 119,167 units in April, dropping 15.8% year on year as...

Eurofer revises EU steel demand forecast for 2022 to 2% drop from previous 3% growth

Steel consumption in Europe could contract by almost 2% this year as a result of soaring energy...

EU HRC lower as buyers yet to resume purchasing

EU HRC prices remained lower as buyers reportedly monitoring trade flows over price negotiations as...

ArcelorMittal posts 7% fall in Q1 crude steel output over Ukraine war

ArcelorMittal manufactured 16.3 million mt of crude steel in the first quarter of 2022, down 7.4%...

Vitkovice Steel pauses deliveries, halts production on slab supply disruptions

The Czech Republic’s heavy plate re-roller Vitkovice Steel has notified its customers that it...

UK sanctions Russian steelmaker Evraz

The UK government has placed sanctions on Russian mining and steel company Evraz due to its...

VW Q1 passenger vehicle sales down 26% on year, BEV sales up 74%

Automaker Volkswagen sold 1 million passenger vehicles globally in the first quarter of 2021, down...
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