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Wuppermann invests in Hungarian plant

German galvanizing and coil processing group Wuppermann has budgeted HUF 5.3 billion ($17 million)...

Italian stainless scrap seen increasing again in September

Italian stainless scrap prices are seen increasing in September on high nickel values. However...

China’s first half crude steel output up 12% on year

China’s crude steel output over January-June increased by 12% on the year to 563.33 million mt, data...

Russia mills say new EU carbon tax takes selective approach to steel

Russian steelmakers association Russkaya Stal said July 15 it gathered from the EU’s drafted carbon...

German steel impacted by heavy rain, cold-roller declares force majeure

Heavy rainfall and flooding of the Rhine river in the Germany-Benelux area has affected logistics...

Asian HRC mostly unchanged, Chinese market retreats

The Asia hot rolled coil market was largely stable July 15 amid slow trading activity, while the...

Severstal affirms 2030 CO2 reduction plan

Russian vertically integrated steelmaker Severstal has set a medium-term goal to reduce the carbon...

EU’s carbon adjustment to become effective from 2026

The European Commission (EC) has presented its proposal for a new Carbon Border Adjustment Mechanism...

EU metal makers see CBAM raising costs as ETS allowances shrink

European steel and aluminum producers’ associations expressed concern July 14 at the spectre...

EU wants carbon tax for metals imports fully effective in 2026

The EU is proposing to introduce a Carbon Border Adjustment Mechanism, or CBAM, on imports of iron...

thyssenkrupp markets IoT tool to processors

The Internet-of-Things (IoT) platform “toii,” developed by thyssenkrupp Materials Services, has been...

Iron ore, steel bull markets are supported: SIOF

Decarbonisation, green capital expenditure (capex), and conservative investment by the mining giants...
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