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Spanish holding submits Gallardo Balboa acquisition proposal

Spanish holding Grupo Industrial Cristian Lay (CL) has proposed an offer for the 100% acquisition of...

Max Aicher acquires Pilsen Steel

Max Aicher has acquired the assets of insolvent Czech forged steel producer Pilsen Steel, the German...

Global stainless steel production falls 8% on year in Q1: ISSF

Global Stainless steel melt shop production fell 8% year on year to 11.7 million mt in the first...

UK grants emergency loan to help Celsa survive pandemic

The UK government confirmed July 2 it had provided an emergency loan to steelmaker Celsa Steel (UK)...

Turkish flats imports continue to decline in May

Turkey’s imports of hot rolled flat steel rebounded again in May on-month, but they were...

Finnish technology suppliers complete merger

Metso Outotec has commenced operations following the merger of technology supplier Outotec with...

Cedar completes Stemcor acquisition

Guangzhou-based commodity conglomerate Cedar Holdings has completed its acquisition of...

Italy, ArcelorMittal in restructuring talks; most north Italy output restarted

ArcelorMittal Italia and Italian government representatives are in talks about agreement on a...

Global steel demand to fall 6% in 2020, up 4% in 2021: worldsteel

Global finished steel demand is forecast to fall 6.4% in 2020 due to the COVID-19 pandemic and...

China’s Cedar completes purchase of UK-based steel trader Stemcor

Cedar Holdings Group Co, a China-based privately owned commodities business, has completed...

Weekly US steel mill capability utilization rises above 55%

US raw steel capability utilization continued to rise last week, increasing to 55.4% from 54.6% the...

Spanish automotive industry slowly recovers in May

The Spanish automotive sector showed some recovery on-month in May after the Covid-19 outbreak...
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