At the beginning of the week, prices for hot-rolled coils in the European domestic market moved in different directions: in Northern Europe,...
News
In Northern Europe, prices for HRC are declining, while in Italy the market has revived a bit.
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
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
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
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 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
Spanish automotive components manufacturer Gestamp has warned that the downturn in Europe's automotive industry could affect other industrial...
The truck industry is facing pressure from electrification, software, and Chinese competition
The global heavy truck market will continue to grow, but manufacturers are increasingly faced with the issues of switching to electric traction,...
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"
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.
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.
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
In Poland, prices for rolled products remained stable during the week to Friday, September 11, despite sluggish demand, limited buyer activity and...
Negotiations in the European Parliament on car emissions have reached an impasse
Negotiations in the European Union on a package of measures regulating car emissions have been on the verge of collapse due to disagreements between...
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....
Gestamp warned about the risk of the loss of the European car industry due to Chinese competition
The European car industry may be in danger of being lost if the EU fails to support the industry and build more profitable relationships with Chinese...
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
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
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
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
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
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
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
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 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
The German construction industry has worsened expectations for 2026: the association now forecasts revenue growth of only 1% instead of the previous...
China aims for 70% of new car sales from electric vehicles and hybrids by 2030
China has included an ambitious goal in the new automotive industry development plan: by 2030, electric vehicles and hybrids should account for 70%...
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
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
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...

