According to the OECD, by 2027, the global excess steel production capacity will increase from 601 million tons in 2024 to 721 million tons. The...
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OECD: Global excess steel production capacity will grow to 721 million tons by 2027
OECD: Global excess steel production capacity will grow to 721 million tons by 2027
Prices in the Bulgarian long-range market have stabilized after recent growth
Prices in the Bulgarian long-range market have stabilized after recent growth
The recent growth in the Bulgarian long-range rental market has almost stopped this week: prices generally remained at the level of last week, and...
Prices for long-length rolled products in Romania remain stable amid weak demand
Prices for long-length rolled products in Romania remain stable amid weak demand
The market of long-rolled products in Romania maintained sideways dynamics this week: demand remained limited, and buyers mostly covered current...
ArcelorMittal has stated that it is impossible to safely resume operation of the Kryvyi Rih plant.
ArcelorMittal has stated that it is impossible to safely resume operation of the Kryvyi Rih plant.
ArcelorMittal has announced that it cannot safely resume operations at "ArcelorMittal Kryvyi Rih" after a series of recent missile...
In Germany, steel sales decreased by 17.8% in August amid weak demand
In Germany, steel sales decreased by 17.8% in August amid weak demand
In August, steel sales in Germany totaled 727,529 tons, which is 17.8% less than in July and 2.7% lower than a year ago. At the same time,...
ABS has opened a service center in Sweden and strengthened its position in Northern Europe
ABS has opened a service center in Sweden and strengthened its position in Northern Europe
The Italian manufacturer of special ABS steels, the Danieli Group steel division, has launched a new service center in Vernamo in southern Sweden....
HKM permanently shut down blast furnace A in Duisburg after 53 years of operation
HKM permanently shut down blast furnace A in Duisburg after 53 years of operation
German steel company Salzgitter AG has announced that its subsidiary Hüttenwerke Krupp Mannesmann (HKM) has permanently shut down blast furnace A at...
Metallurgy remains a business for people, despite the growing complexity of the market: conference
Metallurgy remains a business for people, despite the growing complexity of the market: conference
Buying steel in the 2020s has become a much more complex process, but people-to-people relationships and communication skills are still at the...
Hot-rolled steel prices in Europe remain under pressure from weak demand and limited purchases
Hot-rolled steel prices in Europe remain under pressure from weak demand and limited purchases
The prices of hot rolled steel roll (HRC) in the domestic market of Northern Europe decreased slightly due to weak demand from processors and...
Tariff conflict between the US and Canada narrows opportunities for steel trade in North America
Tariff conflict between the US and Canada narrows opportunities for steel trade in North America
Opportunities for cross-border steel trade between the United States and Canada continue to shrink after a new escalation of the tariff conflict...
Frankstahl subsidiary has placed a steel-backed token on the Bullish exchange
Frankstahl subsidiary has placed a steel-backed token on the Bullish exchange
Steelcoin has announced the listing of the Steelcoin X (SCX) token on the Bullish Exchange digital asset platform. The token is linked to a physical...
The European Commission has introduced temporary protective measures for the import of electrical steel
The European Commission has introduced temporary protective measures for the import of electrical steel
The European Commission has introduced temporary protective measures against the import of electrical steel with an oriented granular structure used...
The European Commission has proposed limiting scrap exports to India, Pakistan and Bangladesh.
The European Commission has proposed limiting scrap exports to India, Pakistan and Bangladesh.
The European Commission has prepared draft rules that may limit the supply of ferrous scrap from the EU to India, Pakistan and Bangladesh. The...
EU restrictions on scrap exports to non-OECD countries may change global flows of ferrous metals
EU restrictions on scrap exports to non-OECD countries may change global flows of ferrous metals
Restrictions on the export of scrap metal from the European Union to a number of countries outside the OECD from next year can significantly...
In Germany, crude steel production increased by 6.3% in January–August%
In Germany, crude steel production increased by 6.3% in January–August%
In August, German crude steel production increased by 1.7% year-on-year to reach 2.59 million tons. According to the German Federation of Steel...
Italian steel exports increased by 2.8% in value in the first half of the year
Italian steel exports increased by 2.8% in value in the first half of the year
In January—June 2026, Italy exported about 4.66 million tons of flat and long products, which is 0.5% more than a year earlier. In monetary terms,...
Brussels is preparing a "Made in the EU" law: Britain fears a blow to the automotive industry
Brussels is preparing a "Made in the EU" law: Britain fears a blow to the automotive industry
The European Union is discussing a new Industrial Accelerator Act, which could significantly change the rules of public procurement and subsidies in...
In the EU, metallurgists and distributors are becoming increasingly interdependent, and the cost of energy remains a key investment factor.
In the EU, metallurgists and distributors are becoming increasingly interdependent, and the cost of energy remains a key investment factor.
In the EU, factories and distributors are increasingly dependent on each other amid weak export competitiveness and stricter import restrictions. At...
Italian ABS has opened a distribution and service center in Sweden
Italian ABS has opened a distribution and service center in Sweden
ABS — Acciaierie Bertoli Safau SpA, an Italian manufacturer of special SBQ quality steels, has opened a new distribution and service center in...
Siemens Mobility has launched a project to recycle materials from used trains
Siemens Mobility has launched a project to recycle materials from used trains
Siemens Mobility has launched a project that will allow materials from trains that have reached their end of life to be returned to the production...
Rebar prices rise in Poland amid rising energy costs
Rebar prices rise in Poland amid rising energy costs
Prices for rebar in the Polish domestic market increased over the week to Friday, September 18: manufacturers continued to seek higher prices due to...
Prices for hot-rolled products in Europe are rising amid weak demand and buyer caution
Prices for hot-rolled products in Europe are rising amid weak demand and buyer caution
On Monday, September 21, prices for hot-rolled rolled products in Northern Europe and Italy rose again, although market demand remains sluggish....
In July, the volume of construction in the eurozone did not change compared to June
In July, the volume of construction in the eurozone did not change compared to June
According to a preliminary estimate by Eurostat, in July, production in the construction sector of the eurozone, seasonally adjusted, did not change...
Restrictions on railroads in the Balkans may complicate scrap metal trade
Restrictions on railroads in the Balkans may complicate scrap metal trade
Planned work on the railway infrastructure in Serbia and Romania may disrupt the transportation of scrap metal in the Balkans. According to market...
Hyundai has instructed the former top manager of Tesla and Nvidia to accelerate the development of autopilot
Hyundai has instructed the former top manager of Tesla and Nvidia to accelerate the development of autopilot
Hyundai Motor Group is rebuilding the division responsible for autonomous driving and is betting on Min Wu Bak, the former head of Tesla and Nvidia....
MEPs will present a five-year forecast of steel prices in a month
MEPs will present a five-year forecast of steel prices in a month
Steel buyers who are looking for a clearer understanding of future price dynamics around the world have about a month to wait: MEPs will publish...
Imports of production resources in Central and Eastern Europe are growing and increasing the burden on the industrial chain
Imports of production resources in Central and Eastern Europe are growing and increasing the burden on the industrial chain
Steel production in Central and Eastern Europe has declined markedly over the past ten years, but production continues to increase due to imported...
Nippon Steel to build new electric steelmaking plant in Slovakia
Nippon Steel to build new electric steelmaking plant in Slovakia
Nippon Steel, the largest steel producer in Japan, intends to build an electric arc furnace with a capacity of 1.6 million tons per year at the U....
EU may tighten steel market protection amid decarbonization and imports
EU may tighten steel market protection amid decarbonization and imports
Measures to protect the steel market in the EU will change along with the needs of European and global industry, said Karl Tachele, Deputy CEO of...
Chinese trucks are increasing pressure on the European market and splitting the industry around duties
Chinese trucks are increasing pressure on the European market and splitting the industry around duties
European commercial vehicle manufacturers are demanding a tougher response to subsidies and closed markets, which they believe are helping Chinese...
