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Steelmaker Voestalpine to convert three blast furnaces to EAFs by 2030

Austrian steelmaker Voestalpine will convert two blast furnaces at its Linz site and one at its...

EU steel sections prices keep rising amid limited supply

European domestic steel sections prices continued to gain in the week to June 9 amid limited supply...

European HDG market stabilizing as automotive demand softens

The European HDG market was stable June 9, with customers now acting more cautiously as prices have...

Arvedi approaching full capacity output, seeking carbon neutrality: sources

Arvedi, Italy’s second largest steelmaker, is set to produce 3.6-3.8 million mt of hot-rolled...

Klöckner expects significant profit growth in second quarter

Distribution group Klöckner & Co expects a significantly stronger-than-forecast second-quarter...

AM invests $10 million from carbon neutrality fund in Heliogen solar firm

ArcelorMittal has made the first $10 million investment from its first XCarb carbon neutrality fund...

German car production still lags

Output of passenger cars from German assembly lines in the first five months of the year reached...

ArcelorMittal fast-tracks Liberty Ascoval, Hayange takeover bid

ArcelorMittal is fast-tracking its takeover of Liberty Steel’s French facilities, Ascoval and...

SSC Fischer Stahl commissions new cutting line

Fischer Stahl, a steel service centre in Germany’s Siegerland region, has invested in a new cut-to...

Arvedi to increase its investment in Trieste

Italian coil maker Arvedi will increase its investment in the conversion of Ferriera di Servola in...

Strong domestic demand hampers Benelux scrap exporters

The Benelux domestic scrap market has decoupled from export markets. While demand remains strong...

Belgian authorities prepare Liberty Liege support loan

Belgian authorities are closing in on agreeing a loan to support production and the activities of...
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