Two metalworking enterprises have established an industrial partnership in Verkhny Ufaley

Two metalworking enterprises have established an industrial partnership in Verkhny Ufaley

Two metallurgical enterprises of Upper Ufaley, Orangestil and Foundry Center, combined their competencies and created an industrial partnership....

Global steelmaking capacity: nationalization in Britain, shutdowns in Germany and new projects in Asia

Global steelmaking capacity: nationalization in Britain, shutdowns in Germany and new projects in Asia

The review of global steelmaking capacity for the month included several notable events at once: plans to nationalize Speciality Steel UK, the...

The EU will increase steel output to reduce dependence on imports, and will face a shortage of scrap

The EU will increase steel output to reduce dependence on imports, and will face a shortage of scrap

By 2027, the European Union will need to increase crude steel output by 12-13% to compensate for the decrease in imports that may occur due to...

ArcelorMittal to suspend operation of Gijon plant due to weak demand

ArcelorMittal to suspend operation of Gijon plant due to weak demand

ArcelorMittal de España will stop steel production at its plant in Gijón for a week. The company explains the decision by the current level of demand...

Voestalpine and Verbund have expanded their cooperation in the energy sector

Voestalpine and Verbund have expanded their cooperation in the energy sector

The Austrian energy company Verbund and the voestalpine steel concern have agreed to expand their strategic partnership. The parties intend to focus...

Rising fuel and energy prices are increasing the costs of stainless steel buyers

Rising fuel and energy prices are increasing the costs of stainless steel buyers

The rising cost of energy and fuel is changing the production plans of some steel companies and reducing margins throughout the stainless steel...

MBI: steel in Germany will rise in price in 2027

MBI: steel in Germany will rise in price in 2027

According to Peter Fertig, an analyst at MBI Research, steel prices in Germany will remain at a higher level in 2027. Speaking at the Stahltag...

ArcelorMittal will supply steel with a reduced carbon footprint for coinage

ArcelorMittal will supply steel with a reduced carbon footprint for coinage

ArcelorMittal has been awarded a contract to supply low-carbon steel to the Paris Mint, an institution that issues euros for the French and European...

Stellantis to suspend operation of several plants in France in October

Stellantis to suspend operation of several plants in France in October

In October, Stellantis will temporarily stop the production of cars at several enterprises in France. The decision is due to a shortage of batteries...

Thyssenkrupp Steel to cut 4,000 jobs as part of restructuring

Thyssenkrupp Steel to cut 4,000 jobs as part of restructuring

Thyssenkrupp Steel, one of the largest producers of flat rolled products in Europe, announced the reduction of 4,000 of the approximately 11,000 jobs...

Stahl-Holding-Saar announced a new stage of the Power4Steel project

Stahl-Holding-Saar announced a new stage of the Power4Steel project

Stahl-Holding-Saar (SHS) spoke about the construction progress of the Power4Steel project, which is supposed to change steel production in Dillingen...

Steel suppliers are advised to prepare in advance for CBAM verification requirements

Steel suppliers are advised to prepare in advance for CBAM verification requirements

Jeronimo Casas, Global Manager of SGS for Climate Solutions and Sustainable Development, spoke about the requirements for verifier accreditation,...

Geopolitical tensions and rising costs are changing the global steel market — IREPAS

Geopolitical tensions and rising costs are changing the global steel market — IREPAS

IREPAS Chairman Ioannis Manessis said that the global steel market is experiencing a period of increased turbulence amid geopolitical conflicts,...

Geopolitical tensions increase the cost of transportation and change the flow of steel products

Geopolitical tensions increase the cost of transportation and change the flow of steel products

Geopolitical tensions are increasingly affecting steel supply routes, flight duration and freight rates, Maria Bertzeletu, senior market analyst at...

HRC prices in Europe are rising amid weak trading activity

HRC prices in Europe are rising amid weak trading activity

On Monday, September 28, prices for hot-rolled steel coils in Northern Europe and Italy rose slightly, but trading in both markets remained sluggish...

EU countries have called on the European Commission to prepare a plan for the home appliance market

EU countries have called on the European Commission to prepare a plan for the home appliance market

France, Germany, Italy and Poland have called on the European Commission to prepare a separate action plan for the household appliances sector, which...

Tata Steel and the Dutch authorities have extended the agreement on environmental issues

Tata Steel and the Dutch authorities have extended the agreement on environmental issues

Tata Steel Nederland and a number of Dutch agencies have agreed to extend a joint memorandum of understanding on the transition to low-CO2 steel...

ArcelorMittal has temporarily reduced production at the Eisenhuttenstadt plant.

ArcelorMittal has temporarily reduced production at the Eisenhuttenstadt plant.

ArcelorMittal has partially suspended production at its steel plant in Eisenhuttenstadt, Germany. The company explained that the decision was related...

Volkswagen expands partnership with Gotion to produce its own batteries in Europe

Volkswagen expands partnership with Gotion to produce its own batteries in Europe

Volkswagen is strengthening cooperation with the Chinese company Gotion in the battery business. The partners want to increase the production of...

The EBA proposed to maintain a zero quota for scrap exports or impose a duty of EUR180 per ton.

The EBA proposed to maintain a zero quota for scrap exports or impose a duty of EUR180 per ton.

The European Business Association called for maintaining a zero quota for the export of ferrous scrap, which would effectively mean a ban on its...

Prices for rolled steel products in Italy are rising against the background of higher prices of raw materials and costs

Prices for rolled steel products in Italy are rising against the background of higher prices of raw materials and costs

In the week ending September 25, prices for thick-sheet metal in Italy increased slightly. Manufacturers expect further price growth, but so far the...

Steel roll prices in Europe are rising amid weak demand and limited imports

Steel roll prices in Europe are rising amid weak demand and limited imports

In the European rolled steel market, the confrontation between buyers and sellers persisted during the week until September 25. Distributors have...

Steel distributors' expectations for the fourth quarter improved in the EU

Steel distributors' expectations for the fourth quarter improved in the EU

The September EUROMETAL survey showed a more confident mood in the European steel distribution market by the beginning of the fourth quarter of 2026....

Rebar prices have risen in Poland amid rising costs and weak demand

Rebar prices have risen in Poland amid rising costs and weak demand

Rebar prices in the Polish domestic market went up over the week to Friday, September 25. Market participants attribute this to high production...

Thick-sheet steel is becoming more expensive in Italy amid rising costs, while prices are stable in Northern Europe.

Thick-sheet steel is becoming more expensive in Italy amid rising costs, while prices are stable in Northern Europe.

In Italy, prices for thick-sheet steel continued to decline from week to week, however, factories expect to achieve an increase in selling levels in...

Prices for hot-rolled coils in Europe remained unchanged on Friday amid weak demand

Prices for hot-rolled coils in Europe remained unchanged on Friday amid weak demand

Hot rolled roll (HRC) prices in Northern Europe and Italy remained unchanged on Friday. Market participants noted sluggish trading and limited...

Geely gets 30% stake in Nio Power's battery replacement division

Geely gets 30% stake in Nio Power's battery replacement division

Geely Holding Group has agreed to purchase a 30% stake in Nio Power, a division of Nio that develops a quick battery replacement service for electric...

Duferco creates Duferco Renewable Industries for renewable energy projects

Duferco creates Duferco Renewable Industries for renewable energy projects

The Duferco Group has combined the areas related to the transition to energy in the new structure of Duferco Renewable Industries. Francesco Del...

In Paris, major European industrialists called for stricter "Made in Europe" rules

In Paris, major European industrialists called for stricter "Made in Europe" rules

More than 300 heads of European industrial companies gathered at the French Ministry of Economy in Bercy, Paris. The meeting participants called for...

EUROMETAL participated in the FFDM conference in Dunkirk amid growing pressure on the European industry

EUROMETAL participated in the FFDM conference in Dunkirk amid growing pressure on the European industry

EUROMETAL participated in the 19th conference of the French Federation of Metal Distribution and Processing (FFDM), which was held in Dunkirk on...

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