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China to improve tax rebates for steel exports

The Chinese Ministry of Commerce and the Ministry of Ecology and Environment are studying new export...

Outokumpu to cut 10% of workforce, mostly Europe

Outokumpu is starting the negotiation processes to cut its total global workforce by some 1,000...

UK longs importers adapting to quota system, demand sufficient

UK-based longs buyers have been trying to adjust to the recently introduced quota system which now...

Final closing for Ilva purchase scheduled for 2022

The final closing by ArcelorMittal of the lease and purchase agreement for the steelmaker formerly...

EU demand remains below pre-crisis levels: ArcelorMittal

ArcelorMittal’s production, shipments and sales recovered in Europe during the third quarter, but...

ArcelorMittal shipments remain depressed, eyes further structural adjustments

ArcelorMittal says it is developing options for further structural cost improvements to prepare for...

Deutsche Bank, steel plantmaker Primetals link ESG, currency hedging

Financial institution Deutsche Bank and steel equipment manufacturer Primetals Technologies have...

Liberty Steel to deliver its first ‘green’ rebar

Liberty Steel UK is set to ship its first orders of sustainably produced steel reinforcing bar...

German company launches price indices for ferroalloys

Metalshub, the digital trading platform for metals and ferroalloys based in Düsseldorf, Germany, has...

Turkey’s January-September scrap imports hit 16 million mt, up 15%

Turkish mills’ scrap bookings from their global suppliers increased year on year in the first...

EU steel sector weighs new covid restrictions

European steelmakers are still weighing the effects of the new coronavirus lockdowns that were put...

BMW sees renewed coronavirus risk to Q4 sales after strong Q3

BMW Group said Nov. 4 its vehicle sales increased in the third quarter but warned that a resurgent...
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