Spanish Celsa has signed a preliminary agreement with CriteriaCaixa on the sale of 20% of shares

Spanish Celsa has signed a preliminary agreement with CriteriaCaixa on the sale of 20% of shares

The Spanish producer of long products Celsa Group announced the signing of a preliminary agreement...

ArcelorMittal was the first to raise steel prices after the announcement of new protective measures by the European Commission

ArcelorMittal was the first to raise steel prices after the announcement of new protective measures by the European Commission

The price increase amounted to 20 euros per ton, but the upward trend in steel prices in Europe remains and is strengthening amid statements from the...

The EU is considering the possibility of competitive decarbonization of metals

The EU is considering the possibility of competitive decarbonization of metals

Since direct electrification is not always possible or cost-effective, the European Commission points to hydrogen as a key decarbonization factor in...

Revised policy on air emissions could boost steel demand in Europe

Revised policy on air emissions could boost steel demand in Europe

Strict regulations designed to boost sales of electric vehicles by automakers in the EU and the UK may be relaxed in an attempt to ease a vital path...

EU changes in HDG and CRC quotas will hit imports

EU changes in HDG and CRC quotas will hit imports

Initially, a more significant reduction in quotas was expected at the request of the European Steel Producers Association Eurofer. With the exception...

The European Commission's decision on steel import quotas shocked Eurofer lobbyists

The European Commission's decision on steel import quotas shocked Eurofer lobbyists

Eurofer sought a 50% reduction in quotas for flat rolled products, as well as a 32-41% increase in the protective duty applied to materials not...

Italy will start melting steel using nuclear energy

Italy will start melting steel using nuclear energy

Newcleo and Danieli are exploring the possibility of producing environmentally friendly steel using atomic energy. The Memorandum of Understanding...

ArcelorMittal metal ship runs aground at the mouth of the Humber River

ArcelorMittal metal ship runs aground at the mouth of the Humber River

A ship carrying ArcelorMittal steel is stuck at the mouth of the Humber River and may remain there for several weeks....

British metallurgists demand stricter controls on steel imports

British metallurgists demand stricter controls on steel imports

One potential option could be a comprehensive tariff on all imports, with the exception of hot-rolled rolled steel (HRC) for post-processing....

The EU expects export loss of 28 billion euros due to US duties for steel and aluminum

The EU expects export loss of 28 billion euros due to US duties for steel and aluminum

The first round of new duties on steel and aluminum introduced by US President Donald Trump will cost the Member countries of the European Union of...

Demand for flat rental in the EU will grow in February: Assofermet

Demand for flat rental in the EU will grow in February: Assofermet

According to Assofermet, potential trade wars and upcoming political elections in Europe have become sources of uncertainty for steel industry....

The European Union will cancel the liberalization of quotas for the import of steel

The European Union will cancel the liberalization of quotas for the import of steel

The European Association of Manufacturers of Steel Calls the European Commission for immediate actions in order to stabilize the market, in...

Another German plant shuts down due to a jump in electricity prices

Another German plant shuts down due to a jump in electricity prices

Plant for the production of special purpose long products in Georgsmarienhütte...

ArcelorMittal raised hot rolled steel prices for EU consumers

ArcelorMittal raised hot rolled steel prices for EU consumers

Suppliers and the broader market expect import volumes to fall in the first quarter due to dumping cases against Egypt, Japan, India and Vietnam, as...

Analysts say Europe's steel industry is under threat

Analysts say Europe's steel industry is under threat

Steel market analysts surveyed by engineering firm MEPS believe Europe's steel industry is "under threat" following December...

Steel sales in Germany rose 7.4% in October

Steel sales in Germany rose 7.4% in October

The majority of sales (61.1%) were in the flat products category...

EU steel producers ask to limit scrap exports

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

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

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 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

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

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

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

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

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

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...

Growth in European steel industry due to ECB rate cuts will take time - MEPS

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...

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