High inventories and uncertainty regarding guarantees are keeping the European HRC steel market calm

High inventories and uncertainty regarding guarantees are keeping the European HRC steel market calm

On Tuesday, June 9, the situation in the European domestic market of hot-rolled steel coils (HRC) remained calm...

Volvo aims to achieve $3 billion in revenue from its autonomous truck business in five years.

Volvo aims to achieve $3 billion in revenue from its autonomous truck business in five years.

Volvo AB expects autonomous transportation to become a significant business, with revenue approaching $3 billion over five years.,…...

European steel industry attracts new investments

European steel industry attracts new investments

Despite the fact that the European steel industry continues to suffer from declining demand and high energy prices, recently...

Bureaucracy, regulation benefit, protect steel

Bureaucracy, regulation benefit, protect steel

The growing number of regulations and bureaucracy increases the value and security of the European steel industry...

Assofermet Acciai: Prices in Italy will rise in summer due to new precautions

Assofermet Acciai: Prices in Italy will rise in summer due to new precautions

According to the latest monthly market report published by Assofermet, the association representing...

Podcast: Trade policy determines the trends of the European stainless steel market

Podcast: Trade policy determines the trends of the European stainless steel market

The MEP's new podcast "The Market in a matter of minutes" showed that the sharp increase in purchases of stainless steel in the...

Uncertainty about downflow affects distribution in Italy

Uncertainty about downflow affects distribution in Italy

Both the long products and flat products sectors in Italy are stagnating, and pipe prices are declining...

Magona is nearing a resumption of activity

Magona is nearing a resumption of activity

The sale of the Italian Magona service center in Piombino, Tuscany, is progressing, according to sources close to the company...

Severstal has launched its own production of residential housing kits

Severstal has launched its own production of residential housing kits

Severstal has launched its own production of residential housing kits...

Prices for Italian plates are stabilizing amid a lull in the market

Prices for Italian plates are stabilizing amid a lull in the market

Prices for rolled steel products in Italy are stable compared to May due to uncertain demand and low market activity...

European HRC prices rose slightly; weak demand keeps the market subdued

European HRC prices rose slightly; weak demand keeps the market subdued

European prices for hot-rolled steel rose slightly on Monday, June 8, but market activity increased...

Prices for Polish rebar are declining due to slower sales during the holidays; wire rod is stable

Prices for Polish rebar are declining due to slower sales during the holidays; wire rod is stable

Domestic rebar prices in Poland decreased in the week to Friday, June 5, while wire rod prices remained at the same level...

Strategic partnerships are becoming a necessity as automakers face challenges in software and electric vehicles.

Strategic partnerships are becoming a necessity as automakers face challenges in software and electric vehicles.

According to the Boston Consulting Group, automakers are increasingly turning to partnerships to share software, infrastructure for electric...

The press 2000 was upgraded at the Cherepovets Severstal-Metiz plant

The press 2000 was upgraded at the Cherepovets Severstal-Metiz plant

The press 2000 was upgraded at the Cherepovets Severstal-Metiz plant...

Spot trading of European green leaf rentals is low, although some sellers provide premiums

Spot trading of European green leaf rentals is low, although some sellers provide premiums

However, spot trading in green leaf rentals in Europe remained weak during the week through Thursday, June 4...

The volume of trade in steel products in France will decrease in the first quarter of 2026

The volume of trade in steel products in France will decrease in the first quarter of 2026

According to statistics published by the French Ministry of Economy, Finance and Industry, France...

Production of parts for cars and rail transport will begin in Udmurtia

Production of parts for cars and rail transport will begin in Udmurtia

Production of parts for cars and rail transport will begin in Udmurtia...

Steel tariffs boost U.</p><p>S. industry by raising costs for end users

Steel tariffs boost U.</p><p>S. industry by raising costs for end users

The 50% tariff that the United States imposed on steel and aluminum imports in June 2025 has had a negative impact on trade...

Prices for Bulgarian rebar are declining amid financial uncertainty, wire rod remains stable

Prices for Bulgarian rebar are declining amid financial uncertainty, wire rod remains stable

The Bulgarian long-term paper market has seen mixed trends this week due to weakening domestic demand...

Spot prices for long positions in Romania decrease as slow trading leads to market correction

Spot prices for long positions in Romania decrease as slow trading leads to market correction

The spot market for long products in Romania declined slightly this week, and traders gradually declined...

China sales review for May: Auto giants find growth opportunities outside the domestic market

China sales review for May: Auto giants find growth opportunities outside the domestic market

Leading Chinese automakers reported significant sales growth in May 2026, but the driving forces behind this growth are not just…...

Ukrainian industry has lost momentum as electricity shortages hit businesses

Ukrainian industry has lost momentum as electricity shortages hit businesses

Industrial production in Ukraine decreased by 0.4% YoY in January–April. This is due to a reduction in economic activity due to a shortage of...

Marcegaglia increases investment in a low-carbon steel project in Fos-sur-Mer to 1.2 billion euros

Marcegaglia increases investment in a low-carbon steel project in Fos-sur-Mer to 1.2 billion euros

The Italian steel manufacturer Marcegaglia has signed a production contract with the Italian company Danieli...

TMK and Rostechnadzor to strengthen cooperation in the field of industrial safety

TMK and Rostechnadzor to strengthen cooperation in the field of industrial safety

The Pipe Metallurgical Company (TMK) and the Federal Service for Environmental, Technological and Nuclear Supervision (Rostechnadzor) have agreed to...

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