As SteelOrbis predicted last week, and in line with local trends in scrap metal prices in other countries...
Europe
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 European Commission is considering the possibility of significantly expanding the mechanism for regulating carbon boundaries...
Belgium's ArcelorMittal is developing low-emission steel production thanks to a new high-voltage substation
The Belgian company ArcelorMittal has announced the completion of its high-voltage substation in Bekeland...
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
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 has approved its mandate to negotiate with the European Parliament on new legislation...
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, the leading European steel manufacturer, has raised prices for hot-rolled rolled products in cross-section...
HRC's European plants expect an increase in supply in the first quarter due to the introduction of CBAM and limited imports, which boosts sentiment
The European hot-rolled steel market remained calm on Tuesday, December 16, amid trade stagnation...
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
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 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.
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
According to reports, prices for steel rebar and wire rod in Poland remained unchanged during the week until Friday, December 12...
The internal HRC market in the EU is at a standstill, updated information on import rules is being prepared.
Trading activity in the domestic European hot-rolled roll market remained limited on Monday December...
The UK government confirms continued support for British Steel and will publish a national steel strategy in 2026.
The UK government has confirmed its commitment to support the local steel producer British Steel...
The EU has agreed on a target to reduce emissions by 90% by 2040 in accordance with the revised climate law
Negotiators from the European Parliament and the European Council have reached a preliminary agreement...
Italian distributors and buyers call CBAM values "unworkable"; verification of actual emissions will be a priority in 2026
Italian manufacturers of rolled products and participants in the slab import market talked about the proposed carbon fiber...
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
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 Electric Steel (tkES), a subsidiary of German steel manufacturer Thyssenkrupp, has announced this...
The European rolled metal market is holding up as CBAM is concerned about cloud import activity; slabs are falling with small orders
European plate prices remained mostly stable during the week ending December 12, according to market participants...
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
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
John Lichtenstein, Managing Partner of World Steel Dynamics, delivered a presentation at the Alacero Summit 2025...
Spot prices for apartments in Romania are stable, but significant discounts reflect problems with liquidity and demand
The spot market for flat rolled products in Romania remained stable this week, but trading conditions remain the same...
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...
The EU Council has approved a mandate for negotiations on a new regulation of excess steel capacity
The Council of the European Union has approved its negotiating mandate for a new regulation aimed at...
European roll import conditions lean towards ddp
The additional burden of the EU's steel import costs in 2026 may lead to a change in the commercial terms of contracts...
