HRC prices in the EU show limited movement despite ArcelorMittal support

HRC prices in the EU show limited movement despite ArcelorMittal support

European hot rolled roll (HRC) prices have risen sharply this week, led by ArcelorMittal...

Local scrap metal prices in Poland strengthened at a higher level in December

Local scrap metal prices in Poland strengthened at a higher level in December

As SteelOrbis predicted last week, and in line with local trends in scrap metal prices in other countries...

EU plans to review Coal and Steel Research Fund to boost decarbonization and innovation

EU plans to review Coal and Steel Research Fund to boost decarbonization and innovation

The European Commission has announced that it has accepted proposals to review the legal framework...

The scope of CBAM should be expanded downstream to close loopholes and avoid circumvention.

The scope of CBAM should be expanded downstream to close loopholes and avoid circumvention.

The European Commission is considering the possibility of significantly expanding the mechanism for regulating carbon boundaries...

Prices in the Iberian coil market are rising, demand is recovering

Prices in the Iberian coil market are rising, demand is recovering

The Spanish hot rolled roll market is approaching Christmas, and prices remain stable after demand has recovered...

German wire mesh stays flat during sluggish construction

German wire mesh stays flat during sluggish construction

Rebar prices at German factories have increased slightly in recent weeks, especially due to the advent of wire mesh...

The European Council approved the mandate for negotiations on safeguards, as amended

The European Council approved the mandate for negotiations on safeguards, as amended

The European Council has approved its mandate to negotiate with the European Parliament on new legislation...

VW closes factory in Germany for the first time

VW closes factory in Germany for the first time

On Tuesday, Volkswagen stops car production at one of its plants in Germany for the first time...

ArcelorMittal raises prices for HRC in Europe by another 20 euros per ton

ArcelorMittal raises prices for HRC in Europe by another 20 euros per ton

ArcelorMittal, the leading European steel manufacturer, has raised prices for hot-rolled rolled products in cross-section...

Importers warn that the default cost of CBAM is approaching 300 euros per ton.

Importers warn that the default cost of CBAM is approaching 300 euros per ton.

Initial data on the latest CBAM benchmarks leaked last week points to the default values...

Rebar price growth in Germany remains limited

Rebar price growth in Germany remains limited

Despite the efforts of German rebar factories to raise prices, the achievable cost remains not much higher...

Interpipe has signed an agreement to purchase shares of AMTP Roman

Interpipe has signed an agreement to purchase shares of AMTP Roman

Interpipe has entered into an agreement to acquire shares in the Romanian company ArcelorMittal Tubular...

Thyssenkrupp has announced that it expects losses of up to 800 million euros in 2026.

Thyssenkrupp has announced that it expects losses of up to 800 million euros in 2026.

German industrial giant thyssenkrupp has faced massive market sell-offs due to its weak forecasts...

Weak demand keeps prices for Polish rolled products at the same level; holiday lull

Weak demand keeps prices for Polish rolled products at the same level; holiday lull

According to reports, prices for steel rebar and wire rod in Poland remained unchanged during the week until Friday, December 12...

HRC trade continues to stagnate in Europe amid regulatory uncertainty

HRC trade continues to stagnate in Europe amid regulatory uncertainty

Trade stagnation continued in the European hot-rolled roll market, which was expected by market sources...

The European long position market has quieted down amid expectations for CBAM and the upcoming winter holidays

The European long position market has quieted down amid expectations for CBAM and the upcoming winter holidays

No major changes were reported in the European long position market this week. Most of the discussions are among...

Thyssenkrupp to cut production in Germany and France amid sharp rise in EU imports

Thyssenkrupp to cut production in Germany and France amid sharp rise in EU imports

Thyssenkrupp Electric Steel (tkES), a subsidiary of German steel manufacturer Thyssenkrupp, has announced this...

The HRC market in the EU is stable as buyers retreat, CBAM verification issues grow

The HRC market in the EU is stable as buyers retreat, CBAM verification issues grow

A source at the European mill company said that it was "impossible to work with the revised default values."...

Marcegaglia is "quite positive about" the demand for steel in Europe in 2026

Marcegaglia is "quite positive about" the demand for steel in Europe in 2026

European steel demand is expected to recover slightly in 2026, and prices are already showing some signs of this...

Alacero Summit 2025: John Lichtenstein highlights the growing problem of indirect steel exports from China

Alacero Summit 2025: John Lichtenstein highlights the growing problem of indirect steel exports from China

John Lichtenstein, Managing Partner of World Steel Dynamics, delivered a presentation at the Alacero Summit 2025...

Two applications have been submitted for the acquisition of former Ilva plants in Taranto

Two applications have been submitted for the acquisition of former Ilva plants in Taranto

By the deadline set for midnight on December 11, two purchase applications had been submitted...

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