Latest News

TK Italian stainless producer Terni to suspend output: unions

Italian stainless steel producer Thyssenkrupp Acciai Speciali Terni will temporarily shut down again...

Germany’ mechanical engineering sector foresees improvement, poll shows

Germany’s mechanical engineering industry is continuing to feel the effects of the Covid 19...

Germany’s Salzgitter paints bleak outlook, threat of recession looms

Germany’s second-largest steelmaker, Salzgitter. said Wednesday it is expecting a difficult...

Steel service centers concerned about lack of orders in Europe

European steel market participants are becoming concerned by the lack of new customer orders...

Reliance shuts down subsidiary facilities

US service centre chain Reliance Steel & Aluminum will permanently shut down operations at three...

Recovery in steel demand will take time: Eurofer

The European steelmakers’ association Eurofer believes that the recovery in demand for steel...

FIMI supplies new slitting line to stainless processor

The Italian equipment and engineering company, FIMI Group has finalised the commissioning of a new...

Thyssenkrupp expects steel output cuts to last into summer: CFO

Germany’s Thyssenkrupp is expecting steel production to remain reduced untilthe summer...

UK Government to support businesses through Trade Credit Insurance guarantee

Businesses with supply chains which rely on Trade Credit Insurance and who are experiencing...

Steel market rebound unlikely before start of 2021: Eurofer

European steel industry association Eurofer does not expect market conditions to improve before the...

Trade Commissioner’s letter on Safeguard review

E-letter dated 8th May 2020 from Mr Phil Hogan, Trade Commissioner, European Commission, in response...

S&P: Negative outlook for ArcelorMittal; steel demand trough ‘behind us’

S&P Global Ratings has reaffirmed its BBB- credit rating on the world’s largest steelmaker...
Back to Top