On Tuesday, June 9, the situation in the European domestic market of hot-rolled steel coils (HRC) remained calm...
News
High inventories and uncertainty regarding guarantees are keeping the European HRC steel market calm
The use of EU quotas exceeds 85% for several steel categories
During the period of the EU quotas from April 1 to June 30, some import quotas for certain types of steel were abolished...
Salzgitter has signed the first major contract for the supply of environmentally friendly hydrogen for the SALCOS® decarbonization project
The German energy company EWE and Salzgitter Flachstahl GmbH, a subsidiary of the German steel manufacturer...
Green Cargo will manage the transportation of raw materials and steel for the Stegra steel mill in Boden.
Swedish environmentally friendly steel manufacturer Stegra has announced a new logistics partnership with the state-owned rail company...
Volvo aims to achieve $3 billion in revenue from its autonomous truck business in five years.
Volvo AB expects autonomous transportation to become a significant business, with revenue approaching $3 billion over five years.,…...
European steel industry attracts new investments
Despite the fact that the European steel industry continues to suffer from declining demand and high energy prices, recently...
V.</p><p>V. Stahl: Constant reduction of electricity prices is important
The European Union has allowed Germany to provide additional support to its industrial companies...
Podcast: Do high prices boost the profits of steel companies?
A study conducted for the MEPs' latest podcast, "Talking about Steel," showed that not all major global steel producers used high...
Toyota supports Japanese Tier IV self-driving startup in its development
Toyota has acquired a small but strategically important stake in a Japanese startup developing Tier IV autonomous vehicles as part of a more…...
Bureaucracy, regulation benefit, protect steel
The growing number of regulations and bureaucracy increases the value and security of the European steel industry...
Assofermet Acciai: Prices in Italy will rise in summer due to new precautions
According to the latest monthly market report published by Assofermet, the association representing...
Confindustria calls for pragmatic reform of EU ETS to protect industry competitiveness
Antonio Gozzi, Special Adviser on European Strategic Autonomy, Competitiveness and the Mattei Plan...
Podcast: Trade policy determines the trends of the European stainless steel market
The MEP's new podcast "The Market in a matter of minutes" showed that the sharp increase in purchases of stainless steel in the...
Uncertainty about downflow affects distribution in Italy
Both the long products and flat products sectors in Italy are stagnating, and pipe prices are declining...
The EU steel trade regime has been put into effect by law
The European Council has officially approved the new EU framework program for the protection of steel trade, which will allow...
Magona is nearing a resumption of activity
The sale of the Italian Magona service center in Piombino, Tuscany, is progressing, according to sources close to the company...
Severstal has launched its own production of residential housing kits
Severstal has launched its own production of residential housing kits...
The most popular electric vehicles in May
Last month, the Ukrainian fleet was replenished with 2,652 units. Vehicles powered by rechargeable power sources (BEV), Ukravtoprom reports....
France Hydrogène strives to comply with the rules for the use of environmentally friendly steel in the automotive industry
The industrial Association France Hydrogène recommends the use of environmentally friendly steel in Europe...
Prices for Italian plates are stabilizing amid a lull in the market
Prices for rolled steel products in Italy are stable compared to May due to uncertain demand and low market activity...
European HRC prices rose slightly; weak demand keeps the market subdued
European prices for hot-rolled steel rose slightly on Monday, June 8, but market activity increased...
Prices for Polish rebar are declining due to slower sales during the holidays; wire rod is stable
Domestic rebar prices in Poland decreased in the week to Friday, June 5, while wire rod prices remained at the same level...
Strategic partnerships are becoming a necessity as automakers face challenges in software and electric vehicles.
According to the Boston Consulting Group, automakers are increasingly turning to partnerships to share software, infrastructure for electric...
German Steel Federation welcomes new EU protective quota measures
Since the decision is expected to be approved by the Council of the European Union today, this path has been chosen...
Spot trading of European green leaf rentals is low, although some sellers provide premiums
However, spot trading in green leaf rentals in Europe remained weak during the week through Thursday, June 4...
Stainless steel sheet prices in Europe are rising amid rising June surcharges and longer delivery times
Transaction prices for cold-rolled stainless steel sheet in Northern Europe increased in September...
European long position markets are mostly stable amid the first signs of weakness
The European long position market remained mostly stable this week due to the absence of a large number of market participants...
HRC buyers from the EU are focused on local trade, interest in imports is sporadic due to risks
The business activity in the European HRC market is still mainly focused on the domestic segment...
Worthington Steel completes acquisition of controlling stake in Klöckner & Co
The American steel company Worthington Steel, Inc. has announced the successful completion of its voluntary...
Electric cars: France and six other countries oppose Germany and Italy
The French government is leading the initiative, together with Denmark, Luxembourg, the Netherlands, Portugal, Spain and Sweden, to prevent further...

