The first data for 2019 confirms a drop in steel demand amid weak production....
Europe
Eramet, BASF and SUEZ launch a comprehensive lithium-ion battery recycling project in Europe
Academic researchers from Chimie ParisTech and the Norwegian University of Science and Technology (NTNU) will help project participants accelerate...
GFG Alliance Supports UK Steel Sector Finance Initiative
UK government funding will support private sector investment in the country's steel sector....
German giant Thyssenkrupp resigns from blue-chip status
Thyssenkrupp will leave DAX on 23 September and will be replaced by MTU Aero Engines, a manufacturer of aircraft engines....
ILVA will continue to work
The largest metallurgical plant in Europe was on the verge of closing after the entry into force of the updated version of the Italian Environmental...
EU countries tighten control over steel imports
In response to industry complaints that a weak market cannot absorb increasing imports, the commission proposed to reduce the growth of quotas to 3...
In Germany, a trial began in the case of the largest tax scandal in the history of the country
The case concerns speculation with tax on dividends, as a result of which the state treasury lost several million euros. There are two British...
French railroad workers bought a "daughter" of the bankrupt British Steel
The transaction will not affect the proposed sale of the remaining British Steel group to the preferred buyer Ataer Holdings, an affiliate of the...
Germany's largest steelmaker sues European Commission
Thyssenkrupp believes that the European Commission's decision to block the merger of its steel assets in Europe with Tata Steel was illegal....
Russian metal rolling in Europe can be bought online with delivery in 3 days
Russian metallurgical giants Severstal and NLMK Group plan to enter the European e-commerce market....
EU to cut annual liberalization of steel imports
Last week the European Commission (EC) proposed some adjustments to the existing safeguards for the import of steel products into Europe to the...
The new owner of British Steel will not "bother" with the number of staff
Ataer Holding, which signed an exclusive agreement to buy British steel company, which went bankrupt in May this year, could cut hundreds of jobs in...
UK Steel publishes its government requirements in a mini-manifesto
Metallurgists have put forward a number of requirements for Boris Johnson to breathe new life into the industry....
Liberty Steel claims to profit from smart IT
The UK's only profitable metals company uses cloud software from Infor and is very happy with it....
The owner of the Turkish Erdemir is ready to invest a billion pounds in the future of British Steel
Turkish military pension fund Ataer Holding plans to commit £ 900m to revive Britain's second largest steel producer, British Steel....
Voestalpine EBITDA Falls Amid Uncertain Macroeconomic Environment
Austrian steelmaker Voestalpine reported a 28 percent decline in first-quarter core profits on Wednesday, driven by a "sharp drop" in the...
British Steel lenders insist on plant closure
The main contender for the purchase of the bankrupt British Steel remains the Turkish company Erdemir, which carefully conceals its interest....
Outokumpu Warns of Falling Income Due to Soaring Imports from Asia
Europe's largest stainless steel producer demands decisive measures from the European Commission to reduce steel supplies from Asia....
ArcelorMittal head leaves for Bosnia to post bail for arrested brother
British billionaire, the main owner of the world's largest steel company, Lakshmi Mittal, headed to Bosnia, where on Tuesday this week the...
Nord Stream 2 investors will sue the European Union
Nord Stream 2 AG has filed a lawsuit in a European Union court of general jurisdiction demanding to eliminate discrimination against investments in...
In Germany, outraged by the budget financing of the purchase of toxic gases
German energy company RWE has received EU funding to buy sulfur dioxide (SO2), the same toxic gas they emit when burning coal in their power plants....
ECB announced measures to revive the Eurozone economy
The base interest rate remains the same - 0.0 percent, the main European Central Bank decided. At the same time, the ECB is considering a number of...
German auto concern Daimler recorded a net loss in the second quarter
Less than two weeks ago, Daimler warned investors of lower profits, downgrading its financial outlook for 2019 for the second time....
ArcelorMittal owner Lakshmi Mittal Pramod's younger brother arrested in Bosnia
Pramod Mittal was arrested on Wednesday in Bosnia on suspicion of fraud and abuse of power. A search of the premises of a by-product coke plant is...
EUROFER: EU Steel Market in 2019. Overview and perspectives
The EU steel market is facing serious challenges that are expected to have a negative impact on apparent steel consumption. After the decline in the...
US Steel announces massive cuts in Slovakia
2,500 workers of the largest metallurgical plant in Slovakia, US Steel Kosice, which is the main supplier of rolled metal for Volkswagen, PSA...
Is the German auto industry preparing for a collapse?
The crisis in the global automotive industry begins to expand to Europe, the manufacturers of which will declare a deterioration in prospects and...
Ferrochromium prices fall as global stainless steel production declines
Ferrochromium prices in all regions have fallen to their lowest in the past two years due to falling demand amid a decline in stainless steel...
Liberty Steel cuts steel production in the Czech Republic by 20 percent
The British company Liberty Steel, having bought a steel complex in Ostrava, Czech Republic, from ArcelorMittal a couple of weeks ago, announced a...
Hurry to Buy: British Steel Bid Deadline Expires at Midnight
The official liquidator of Britain's second-largest steel company, which went bankrupt a month ago, hopes to sell the Scantrop plant and other...
