Megasa to invest more than 300 million euros in modernization of plants in Portugal

Megasa to invest more than 300 million euros in modernization of plants in Portugal

The Spanish metallurgical company Megasa, one of the largest suppliers of long products in Europe, intends to invest more than 300 million euros in...

In Northern Europe, prices for HRC are declining, while in Italy the market has revived a bit.

In Northern Europe, prices for HRC are declining, while in Italy the market has revived a bit.

At the beginning of the week, prices for hot-rolled coils in the European domestic market moved in different directions: in Northern Europe,...

UK may launch SSUK furnace in December amid nationalization plans

UK may launch SSUK furnace in December amid nationalization plans

The British government is preparing to take control of the troubled specialty steel manufacturer Speciality Steel UK (SSUK), which will keep another...

The shutdown of hot production at the former Ilva plant has increased Italy's concerns about steel imports

The shutdown of hot production at the former Ilva plant has increased Italy's concerns about steel imports

Assofermet, the Italian association of Distributors, Traders and Metal Processors, expressed serious concern about the possible consequences of the...

Huta Częstochowa and Hyundai Rotem have agreed on possible supplies of armored steel

Huta Częstochowa and Hyundai Rotem have agreed on possible supplies of armored steel

The Polish steel company Huta Częstochowa has signed a memorandum of understanding with the South Korean Hyundai Rotem. The parties will explore the...

European Parliament supports CBAM expansion to steel and aluminum products

European Parliament supports CBAM expansion to steel and aluminum products

The European Parliament has approved its position on extending the CBAM carbon regulation mechanism to steel and aluminum products. This decision was...

The European Parliament discussed the expansion of CBAM to steel products

The European Parliament discussed the expansion of CBAM to steel products

The European Parliament today considered amendments to the Carbon Boundary Regulation Mechanism (CBAM), which provide for its extension to additional...

Gestamp called on Europe to protect the automotive industry amid increased competition with China

Gestamp called on Europe to protect the automotive industry amid increased competition with China

Spanish automotive components manufacturer Gestamp has warned that the downturn in Europe's automotive industry could affect other industrial...

European buyers are restraining the rise in prices for hot-rolled coils, import transactions remain rare

European buyers are restraining the rise in prices for hot-rolled coils, import transactions remain rare

Buyers of hot-rolled coils in Europe did not accept attempts by local suppliers to raise prices, pointing to weak real demand. At the same time,...

EPP is arguing about narrower criteria for labeling "Made in Europe"

EPP is arguing about narrower criteria for labeling "Made in Europe"

The German delegation to the center-right faction of the European People's Party takes a cautious position towards the law on accelerating...

A court in Milan has upheld the suspension of blast furnaces at the former Ilva plant in Taranto.

A court in Milan has upheld the suspension of blast furnaces at the former Ilva plant in Taranto.

The Milan Court of Appeal upheld the decision to shut down blast furnaces at the former Ilva steel plant in Taranto. For Acciaierie d' Italia...

Arvedi has applied to buy automotive steel distributor AMCLN after ArcelorMittal pulled out of the deal.

Arvedi has applied to buy automotive steel distributor AMCLN after ArcelorMittal pulled out of the deal.

Acciaieria Arvedi has submitted a mandatory application for the acquisition of ArcelorMittal CLN Distribuzione Italia (AMCLN), a joint venture...

Rebar and wire rod prices in Poland hold up amid weak trade

Rebar and wire rod prices in Poland hold up amid weak trade

In Poland, prices for rolled products remained stable during the week to Friday, September 11, despite sluggish demand, limited buyer activity and...

Thick-sheet metal is becoming more expensive in Italy amid a revival in demand

Thick-sheet metal is becoming more expensive in Italy amid a revival in demand

The prices of rolled steel products in Italy are gradually increasing after the July decline caused by weak demand and low business activity....

EPP and S&D propose lowering the CBAM threshold for aluminum to 5 tons per year

EPP and S&D propose lowering the CBAM threshold for aluminum to 5 tons per year

The center-right and Social Democrats have introduced an amendment to the proposal to extend the CBAM border carbon fee mechanism. They propose to...

Merz called on the EU to strengthen protection against unfair trade

Merz called on the EU to strengthen protection against unfair trade

German Chancellor Friedrich Merz, at a joint press conference with European Council President Antonio Costa on September 9, called on the European...

Europe's largest commercial carbon capture and storage project has been launched in the Netherlands

Europe's largest commercial carbon capture and storage project has been launched in the Netherlands

The European Commission has announced the launch of Europe's largest commercial carbon capture and storage (CCS) project at the Yara plant in...

Alan Lovell to head British Steel's Board of Directors

Alan Lovell to head British Steel's Board of Directors

The UK government has appointed Alan Lovell, Chairman of the Environmental Protection Agency, as the new chairman of British Steel. He will start...

EU to start registering steel mesh imports from Turkey and China

EU to start registering steel mesh imports from Turkey and China

The European Commission has decided to start registering imports of welded steel mesh produced in Turkey and China. This will allow, if necessary, to...

Assofermet called for maintaining production at the steel plant in Taranto

Assofermet called for maintaining production at the steel plant in Taranto

The Italian Assofermet association , which unites companies in the field of steel, scrap and metals, said that the reopening of the Taranto steel...

Salzgitter AG appoints Christoph Martin as new Chief Financial Officer

Salzgitter AG appoints Christoph Martin as new Chief Financial Officer

German steelmaker Salzgitter AG has announced the appointment of Christoph Martin as Chief Financial Officer effective October 1, 2026. He will...

Experts: the effect of CBAM and tariff quotas in the EU is still difficult to assess, support in the next stages is considered key

Experts: the effect of CBAM and tariff quotas in the EU is still difficult to assess, support in the next stages is considered key

The impact of the new EU trade barriers on imports is still being distorted due to inventory accumulation, but market participants remain cautiously...

In France, prices for long products generally remain stable amid weak demand

In France, prices for long products generally remain stable amid weak demand

In France, prices for long products are mostly kept at a level close to the pre-holiday level, although there is a moderate decrease in individual...

German Construction Association lowered its forecast for 2026

German Construction Association lowered its forecast for 2026

The German construction industry has worsened expectations for 2026: the association now forecasts revenue growth of only 1% instead of the previous...

There is a moderate price increase in the Italian long-range market

There is a moderate price increase in the Italian long-range market

Sentiment in Italy's domestic long-range rental market improved this week. The increase in prices for semi-finished products and finished steel...

EUROFER called on the EU to maintain the competitiveness of the steel industry during the "green" transition

EUROFER called on the EU to maintain the competitiveness of the steel industry during the "green" transition

The European Steel Producers Association EUROFER has called for measures to decarbonize the industry without losing competitiveness, production,...

Italian rebar manufacturers have suspended sales in anticipation of rising prices

Italian rebar manufacturers have suspended sales in anticipation of rising prices

Some Italian rebar manufacturers have temporarily halted sales and expect to raise prices by 20-40 euros per ton soon compared to the level before...

Assofermet demanded transparency in the Acciaierie d'Italia sale process

Assofermet demanded transparency in the Acciaierie d'Italia sale process

The Italian steel merchants Association Assofermet has called on the authorities to ensure full transparency during the Acciaierie d'Italia...

Bekaert will stop the production of the tire cord in Sardinia and transfer the site to Nuova Icom

Bekaert will stop the production of the tire cord in Sardinia and transfer the site to Nuova Icom

The Belgian wire manufacturer Bekaert has signed a preliminary agreement with the Sardinian company Nuova Icom on the reindustrialization of the...

Price stabilization in north-western European areas adopted by the market

Price stabilization in north-western European areas adopted by the market

The participants of the market of sections in North-Western Europe got acquainted with the latest announcement of the price increase on the website …...

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