The increase in prices for hot-rolled coils in the EU opens up opportunities for imports

The increase in prices for hot-rolled coils in the EU opens up opportunities for imports

Attempts by European manufacturers to raise prices may widen the price gap for hot rolled coils in the EU...

Defense spending does not seem to have a noticeable impact on the EU economy.

Defense spending does not seem to have a noticeable impact on the EU economy.

Defense has become a hot topic in Europe, as it is referred to as a growing steel consumption sector after the United States....

Stellantis announces tariff cuts in the US, Canada and Mexico

Stellantis announces tariff cuts in the US, Canada and Mexico

.Stellantis is laying off 900 employees in the United States and suspending some production in Mexico and...

Marcegaglia company modernizes cold rolling mill in Gazoldo

Marcegaglia company modernizes cold rolling mill in Gazoldo

Marcegaglia intends to increase its production capacity and expand its product range through modernization...

Tubos Reunidos is developing a hydrogen distribution pipe

Tubos Reunidos is developing a hydrogen distribution pipe

Spanish seamless pipe supplier Tubos Reunidos (TR) is developing a pipe capable of transporting hydrogen...

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...

British Steel begins consultations on closure of blast furnaces in Scunthorpe

British Steel begins consultations on closure of blast furnaces in Scunthorpe

British Steel will consult with workers and trade unions on the closure of two blast furnaces....

Severstal has implemented new metal surface inspection systems

Severstal has implemented new metal surface inspection systems

The systems can recognize from 40 to 100 classes of defects, and the developed software provides adaptive lighting settings depending on the time of...

Donald Trump announced 25% protective import duties on cars

Donald Trump announced 25% protective import duties on cars

The new duties will not apply to parts for cars and trucks if the vehicles are assembled in the United States. Trump has already imposed a 25 percent...

Hyundai will build a steel plant in the United States to avoid paying import duties on steel

Hyundai will build a steel plant in the United States to avoid paying import duties on steel

The 25% steel tariffs imposed by US President Donald Trump have forced South Korea's largest automaker to consider moving its steelmaking...

Australian Mineral Resources resumes shipments of iron ore from Ashburton

Australian Mineral Resources resumes shipments of iron ore from Ashburton

Prices for fine-grained iron ore with an iron content of 58% cfr Qingdao have been volatile over the past three months: they rose from $88 per tonne...

Fitch Ratings predicts further rise in metal prices due to global geopolitical tensions

Fitch Ratings predicts further rise in metal prices due to global geopolitical tensions

Geopolitical risks and growing investor concerns about inflation and sovereign debt should support prices in the short and medium term....

Copper prices have updated a five-month high due to the risk of duties in the United States

Copper prices have updated a five-month high due to the risk of duties in the United States

In New York, traders are willing to pay a record premium for copper to guarantee shipments to the United States....

MMK Group increases sales of premium rolled products with coatings

MMK Group increases sales of premium rolled products with coatings

MMK Group remains the leader in the supply of galvanized and painted rolled products to the Russian market, with a volume of 1.6 million tons in...

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...

China's largest blast furnace was upgraded in record time

China's largest blast furnace was upgraded in record time

The 5,800 cubic meter Shagan furnace of the Jiangsu Shagang Group at the Zhangjiagang plant in Luojiangsu Province was restarted with the transfer to...

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...

Kazakhstan plans to implement 76 projects for the extraction of rare earth metals

Kazakhstan plans to implement 76 projects for the extraction of rare earth metals

Deposits of more than 30 metals such as tungsten, molybdenum, magnesium, lithium, germanium, graphite, vanadium and titanium have been discovered in...

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....

Ukraine significantly increased steel production in early 2025

Ukraine significantly increased steel production in early 2025

Steel production increased by 9.9% in January-February 2025 to 1.18 million tons, while pig iron production also showed an increase of 8.4%...

The US Secretary of Commerce said there would be no changes to the schedule for imposing duties on aluminum and steel.

The US Secretary of Commerce said there would be no changes to the schedule for imposing duties on aluminum and steel.

Last week, the US president decided to temporarily exempt the Canadian and Mexican car industries from the 25% duties they recently imposed on all...

For the first time, Severstal supplied a pilot batch of finished parts to BELAZ for the production of bodywork

For the first time, Severstal supplied a pilot batch of finished parts to BELAZ for the production of bodywork

The parts were manufactured from Severstal metal at the Metal Recycling Center (CPM) located in the Kolpinsky district of St. Petersburg, packaged...

The United States will grant automakers at the USMCA a one-month deferral on steel and aluminum tariffs

The United States will grant automakers at the USMCA a one-month deferral on steel and aluminum tariffs

The grace period for USMCA automakers was announced after a telephone conversation between the heads of General Motors, Ford Motor Company and...

Turkish metallurgical plant halts rolling line due to fire

Turkish metallurgical plant halts rolling line due to fire

The shut-down plant in Osmaniye has a rolling capacity of 1 million tons and produces tin cans, galvanized sheets, painted sheets, cold-rolled sheets...

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