The majority of sales (61.1%) were in the flat products category...
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EU steel producers ask to limit scrap exports
European steel association Eurofer continues to lobby the European Commission to limit scrap exports as the industry moves towards decarbonization....
China and the EU confirmed their intention to resolve the dispute over electric vehicles through dialogue
The parties also exchanged views on the investigations into the application of trade protection measures initiated by China in relation to certain...
The EU has introduced registration of imports of hot-rolled flat products from Egypt, India, Japan and Vietnam
Imports of eligible products must be recorded to ensure that if the results of an ongoing anti-dumping investigation result in the imposition of...
Thyssenkrupp awarded engineering contract for one of Europe's largest carbon capture projects
Thyssenkrupp Polysius is supplying innovative CO 2 capture technology to TITAN for a large-scale carbon capture project in Greece. Upgrading the...
German steel demand will not recover in 2024 – WV Stahl
This year, according to Worldsteel, demand for steel in the country will fall by 7%...
European metallurgists really want to introduce taxes invented by Donald Trump
Multiple sources say EU steel producers are lobbying for emergency import restrictions as cheap imports continue to flood the market....
Chinese electric vehicle technology opens up opportunities for development - Hungarian minister
As M. Nagy emphasized, Europe must accelerate the green transition in the automotive industry, which will also help increase the competitiveness of...
POSCO will supply specialized steel for the European hyperloop
South Korean POSCO became the first company in the world to supply specialized steel for the European Hyperloop Center test site...
Porsche downgrades revenue forecast due to aluminum supply problems
The automaker will lose about two billion euros in revenue due to heavy rains in Germany and flooding of the production plant of an important...
Contract prices for steel fell in the Czech Republic
Flat-rolled steel producers in Central Europe were forced to make price concessions during recent contract negotiations with Czech buyers for the...
EUROFER calls von der Leyen's re-election as head of the European Commission a time for pragmatic implementation of the Clean Industrial Agreement
Just as the European Coal and Steel Community brought peace and made the European dream a reality more than 70 years ago, today the implementation of...
Growth in European steel industry due to ECB rate cuts will take time - MEPS
MEPS analysts suggest the European Central Bank's first interest rate cut will do little to revive the region's ailing steel industry in...
The European Commission allowed Nippon Steel to acquire US Steel for $14.9 billion
The Japanese company has its factories in the UK, Sweden and Finland, while the American company has a branch in Slovakia....
Thyssenkrupp sells 20% of steel business to Czech billionaire
The parties are discussing the possibility of Krzhetinsky's company buying out another 30% in Thyssenkrupp's steel business, the press...
EU confirms extension of tariffs on stainless steel from Taiwan, Turkey and Vietnam
The European Commission has confirmed the extension of the final countervailing duties on Indonesian cold-rolled stainless steel to materials...
Xi Jinping received a warm welcome in Serbia, where the Chinese leader spoke about the “inevitability of expanding investment”
The Chinese leader's comments come as tensions between Beijing and Brussels rise, with Western European leaders calling on Xi's government...
China condemns EU attempts to justify anti-dumping practices
On April 10, the European Commission published an updated report on significant government distortions in the economy of the People's Republic...
German industry may not recover from energy crisis
As a survey conducted by the German Chamber of Commerce and Industry last September showed, 43% of large industrial companies intend to move their...
Slovenské elektrárne closed its last coal-fired power plant in Slovakia
After almost 60 years of operation, TEC Vojany in eastern Slovakia, burning hard coal, is ending its operation today....
The EU market for new passenger cars increased by 10 percent
In just the first two months of 2024, more than 1.7 million new passenger cars were sold in the EU, which is 11.2% more than in the past....
Imports put strong pressure on rolled metal prices in Europe
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings to...
The European Parliament approved a compromise on Euro 7 emissions limits
The new rules, which still require final official approval by EU countries, will apply to cars and vans from July 2030, and to buses and trucks 12...
Thyssenkrupp creates low-emission tug fleet
Thyssenkrupp Veerhaven, the logistics subsidiary of Thyssenkrupp Steel Europe based in Rotterdam, commissioned the design of an environmentally...
The EU allocated 3 million euros for the laid-off German employees of Vallourec
The European Commission has offered to support workers laid off in the German steel industry...
Volkswagen increased revenue by 15.5% in 2023, expects growth of 5% this year
Vehicle deliveries last year increased by 11.8% and reached 9.24 million, including electric vehicles - by 35%, to 771 thousand. In Europe, total...
Financial support for Poland from the EU could revive the Central European steel market
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly...
The rise in steel prices in Europe did not take place due to low demand
European buyers were not willing to significantly replenish stocks from local or foreign suppliers. The average distributor doesn't even buy at...
Thyssenkrupp will supply Siemens with low-CO2 electrical steel
Siemens Energy will produce 700 transformers from Thyssenkrupp steel at its plant in Weiz in Austria....
Steel market fundamentals are changing in Europe - Argus
Changes to EU steel protections could further push up the premium for Italian HRC as the cheapest import options in recent months could end up...
