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...
Geely gets 30% stake in Nio Power's battery replacement division
Geely gets 30% stake in Nio Power's battery replacement division
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...
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...
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
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...
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...
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,...
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...
"Severstal" rolled the first skein on the third processing line of mill 170
"Severstal" rolled the first skein on the third processing line of mill 170
"Severstal" rolled the first skein on the third processing line of mill 170...
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...
"Severstal" presented new approaches in industrial construction at BUDEXPO
"Severstal" presented new approaches in industrial construction at BUDEXPO
"Severstal" presented new approaches in industrial construction at BUDEXPO...
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...
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...
""Severstal" has increased detection of dangerous activities by a quarter thanks to the digital platform "OWL"
""Severstal" has increased detection of dangerous activities by a quarter thanks to the digital platform "OWL"
""Severstal" has increased detection of dangerous activities by a quarter thanks to the digital platform "OWL"...
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...
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....
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....
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...
Imports of hot-rolled products to the EU remain at a moderate level amid difficulties with CBAM
Imports of hot-rolled products to the EU remain at a moderate level amid difficulties with CBAM
European buyers are still showing a restrained interest in importing hot-rolled rolled products from a number of countries, seeking to meet their...
Stargate Hydrogen will send an EU grant to expand the production of equipment for environmentally friendly hydrogen
Stargate Hydrogen will send an EU grant to expand the production of equipment for environmentally friendly hydrogen
The Estonian company Stargate Hydrogen, which manufactures electrolyzers, has received a grant of 20.6 million euros from the European Union. The...
Waterford Capital Partners sells former Duferco steel mill in Denmark
Waterford Capital Partners sells former Duferco steel mill in Denmark
Waterford Capital Partners has acquired the former Duferco Danish steel mill in Frederikswerk and is now offering the facility for sale or...
Marcegaglia changes pricing model for welded pipes amid market restructuring
Marcegaglia changes pricing model for welded pipes amid market restructuring
Italian Marcegaglia has introduced a new price list that changes the approach to pricing welded pipes. According to industry sources, the company is...
Rebar prices are rising in Italy amid rising energy prices and a cautious recovery in demand
Rebar prices are rising in Italy amid rising energy prices and a cautious recovery in demand
In Italy, domestic rebar prices had generally decreased in the week to Wednesday, September 17, although manufacturers are still seeking higher...
Sulzle to supply stainless steel fittings for modernization of Heligoland port
Sulzle to supply stainless steel fittings for modernization of Heligoland port
Sulzle Stahlpartner has started supplying about 2,500 tons of stainless steel fittings for the West Pier at the Heligoland Port in the North Sea. The...
The European Commission is reviewing the purchase of Arvedi steel distributor AMCLN
The European Commission is reviewing the purchase of Arvedi steel distributor AMCLN
The Italian Acciaieria Arvedi S.p. A. has notified the European Commission of plans to gain full control over ArcelorMittal CLN Distribuzione Italia...
