High inventories and uncertainty regarding guarantees are keeping the European HRC steel market calm

High inventories and uncertainty regarding guarantees are keeping the European HRC steel market calm

On Tuesday, June 9, the situation in the European domestic market of hot-rolled steel coils (HRC) remained calm...

The use of EU quotas exceeds 85% for several steel categories

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...

Green Cargo will manage the transportation of raw materials and steel for the Stegra steel mill in Boden.

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 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

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

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?

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 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

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

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

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

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

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 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

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

Severstal has launched its own production of residential housing kits...

The most popular electric vehicles in May

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....

Prices for Italian plates are stabilizing amid a lull in the market

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 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

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.

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

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

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...

European long position markets are mostly stable amid the first signs of weakness

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...

Worthington Steel completes acquisition of controlling stake in Klöckner & Co

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

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...

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