European sheet metal prices continue to decline amid low spot activity and pressure on mills

European sheet metal prices continue to decline amid low spot activity and pressure on mills

Prices for rolled steel in Europe dropped again in the week to June 13, as factory production increased...

Trump approves U.</p><p>S. Steel's takeover of Japan's Nippon Steel for $15 billion

Trump approves U.</p><p>S. Steel's takeover of Japan's Nippon Steel for $15 billion

US President Donald Trump has approved Japan's Nippon Steel's proposal to take over the U. S. S. Steel for $14.9 billion. This is reported...

European CRC, HDG steel production continues to decline due to lack of demand

European CRC, HDG steel production continues to decline due to lack of demand

Prices for flat-rolled products in Europe continued to decline during the week until Wednesday, June 11, with...

Prices for Italian fittings continue to decline

Prices for Italian fittings continue to decline

Italian rebar prices show a downward trend week after week, continuing to remain significant...

ArcelorMittal Spain consolidates distribution in new Madrid center

ArcelorMittal Spain consolidates distribution in new Madrid center

Spain's ArcelorMittal is building a new distribution center at its former girder manufacturing plant...

German industry body calls on EU for action and new trade agreements to counter China

German industry body calls on EU for action and new trade agreements to counter China

The German Engineering Industry Association, VDMA, calls on the EU to reduce dependence...

Prices for German fittings are decreasing

Prices for German fittings are decreasing

Rebar prices in Germany fell as expected by some market participants after they ignored the requirements...

The United States cancels climate requirements for power plants

The United States cancels climate requirements for power plants

The United States Environmental Protection Agency (EPA) has announced changes to the rules for emissions of greenhouse gases and other pollutants...

Volvo Cars signs contract to supply SSAB Zero steel

Volvo Cars signs contract to supply SSAB Zero steel

SSAB and Volvo Cars have signed a landmark agreement on the supply of SSAB Zero steel starting equipment...

The Romanian long products market is stable, but demand remains low

The Romanian long products market is stable, but demand remains low

The Romanian long products market remained stable last week, despite business activity...

Industrial production in the EU decreased by 1.8%

Industrial production in the EU decreased by 1.8%

In April 2025, industrial production in the European Union (EU), seasonally adjusted, decreased by 1.8% compared to the previous month. In the euro...

The United Kingdom and the United States are discussing reducing tariffs on cars and steel

The United Kingdom and the United States are discussing reducing tariffs on cars and steel

British Minister for Business and Trade Jonathan Reynolds, who met with U. S. Secretary of Commerce Howard Lutnick on June 12, expressed hope that an...

New tariffs included in Section 232 could raise U.</p><p>S. steel prices

New tariffs included in Section 232 could raise U.</p><p>S. steel prices

American steel companies Nucor, Steel Dynamics, Cleveland-Cliffs, Gerdau, and Metalllus were among the applicants seeking 50% import duties on...

Prices for European long positions are declining amid sluggish activity

Prices for European long positions are declining amid sluggish activity

The European long position market showed significant weakness in demand this week, although it was observed...

The EU plans to re-introduce country quotas for certain types of steel products

The EU plans to re-introduce country quotas for certain types of steel products

In the notification published by the World Trade Organization (WTO) on June 11, 2025, the European...

Indian giant ushers in new era of environmental steel with launch of GreenEdge

Indian giant ushers in new era of environmental steel with launch of GreenEdge

Indian steel producer JSW Steel, the flagship company of JSW Group, has launched its GreenEdge low–emission steel brand to help customers reduce...

Yaroslavsky's group gained almost complete control over Sukhoi Balka

Yaroslavsky's group gained almost complete control over Sukhoi Balka

A group of shareholders of the mining company Sukhaya Balka, led by businessman Alexander Yaroslavsky, consolidated their shares into a dominant...

Household appliance production in the EU will recover by mid-2025

Household appliance production in the EU will recover by mid-2025

The production of household electrical appliances in the EU is projected to increase slightly by 1.4% in 2025 and 2026...

Energy transformation requires steel, but manufacturers cannot withstand the costs.

Energy transformation requires steel, but manufacturers cannot withstand the costs.

The steel industry is facing serious challenges related to the energy transition. Steel producers are unable to cover the costs of switching to...

Canada is preparing a strike on steel dumping: the government promises support to domestic producers

Canada is preparing a strike on steel dumping: the government promises support to domestic producers

The Canadian government will soon announce measures aimed at combating steel dumping from abroad and helping local steelmakers affected by US...

ArcelorMittal enters into negotiations on state aid to Poland: reports

ArcelorMittal enters into negotiations on state aid to Poland: reports

The Polish government has initiated negotiations with ArcelorMittal on the provision of 1 billion Polish zloty ($268.5...

The Italian government promises to continue supporting ADI production

The Italian government promises to continue supporting ADI production

Negotiations on the sale of the troubled steel company Acciaierie d'Italia (ADI) are ongoing, while...

The first slabs were poured in Duisburg: a new era of Thyssenkrupp steel production has begun

The first slabs were poured in Duisburg: a new era of Thyssenkrupp steel production has begun

German steel manufacturer Thyssenkrupp Steel has announced that it has successfully started trial operation and casting of the first slabs on the new...

Interpipe produced pipes for offshore work for the first time

Interpipe produced pipes for offshore work for the first time

For the first time, the Ukrainian industrial company Interpipe manufactured pipes for offshore work and supplied them to a client in Turkey....

The EEC extended the duty on galvanized steel from Ukraine and China until 2030

The EEC extended the duty on galvanized steel from Ukraine and China until 2030

The Eurasian Economic Commission (EEC) has extended the anti—dumping duty on imports of galvanized steel from China and Ukraine for another five...

Global steel exports reach 449 million tons: demand is growing

Global steel exports reach 449 million tons: demand is growing

Global trade in steel (rolled products and semi–finished products), according to the World Steel Association WorldSteel, increased by 3.3% in 2024...

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