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Mechel-Service increases first-half shipments

Mechel’s trading arm, Mechel-Service, posted a 10% on-year increase in shipments in the first half...

EU steel sections prices gain as mills hold back

European domestic steel sections prices gained another week up to July 7, as sources cited limited...

EC’s initial carbon tax rules set to shift trends, raise steel, aluminum costs

The European Commission’s planned July 14 announcement of a proposal for its Carbon Border...

German car production keeps lagging in first half

Passenger car production at German assembly lines is clearly not achieving the recovery projected...

EU service centres seek safeguard revision in 2022

European service centres and distributors of steel confirm their disappointment over the decision of...

Weekly US steel mill capability utilization rises to 83%: AISI

US raw steel production moved higher the week ended July 3, the American Iron and Steel Institute...

European coils stock levels to rise over summer on incoming imports

The European HRC market continued to fluctuate July 6, with prices heard slightly higher as limited...

European Commission corrects safeguard volumes allocation error

The European Commission issued on Monday a statement explaining that there was a “clerical...

Sheet passes $1,800 in US

In a pattern that has become all-too familiar since late 2020, US sheet pricing has reached another...

EU hollow sections quotas come under pressure

EU hollow sections tariff-free quotas for the third quarter have come under pressure in a...

Blast furnace restarts boost iron ore, scrap lags

Seaborne iron ore prices rebounded on Monday as blast furnaces have been resuming production...

Turkey becomes net steel importer over Jan-May; new capacities on the way: TCUD

Turkey was a net steel importer in the first five months of 2021, though new steel capacities likely...
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