- ArcelorMittal leads H2 project in Spainby Yannick Bastos on 18th March 2024
Spain has officially begun its programme for the construction of a pilot plant that will test the use of hydrogen in industrial processes, Kallanish notes. The public-private project called […]
- Solar components import misdeclaration hurts Spanish economy: Unesidby Yannick Bastos on 18th March 2024
Spanish steelmakers’ association Unesid says the domestic economy lost €55 million ($59.8m) in 2023 as a result of the impact of Chinese-origin solar components imports being misdeclared as steel […]
- Salzgitter sees better outlook for plate than beamsby Yannick Bastos on 18th March 2024
Salzgitter is testing new fields of application for its heavy plate business, chief executive Gunnar Groebler said at the company’s annual press conference last week. The company has introduced the […]
- Weak Italian long products consumption deteriorates furtherby Yannick Bastos on 18th March 2024
Italian long steel demand continues to drag as weak consumption is deteriorating further. Sellers are reporting low-tonnage sales and there are no expectations for restocking this month. Weakening […]
- European HRC producers cut offers; trading remains slow as buyers believe bottom yet to be reachedby Yannick Bastos on 18th March 2024
The trading lull in the European steel hot-rolled coil market continued on Friday March 15, with participants expecting prices to slide lower on poor demand and falling raw material costs, sources […]
- How is the steel industry supporting DRI expansion amid weak global demand?by Yannick Bastos on 18th March 2024
Raw material prices have come under the pressure of falling steel demand around the world since the second half of 2023, and market participants expect the trend to extend into 2024. The use of […]
- Voestalpine to sell German special steel unitby Yannick Bastos on 15th March 2024
Voestalpine’s management has decided to change the planned strategic repositioning of Buderus Edelstahl into the sale of the subsidiary. It says it is doing this in reaction to the economic […]
- OEMs ready for green steel, consumers resist: conferenceby Yannick Bastos on 15th March 2024
The automotive and other steel-using industries are increasingly working towards a zero-carbon footprint, often in a research-and-development partnership with steelmakers. But low-emission steel will […]
- Biden says US Steel must remain ‘domestically owned’by Yannick Bastos on 15th March 2024
US president Joe Biden has issued new comments that are interpreted as more directly opposing the acquistion of US Steel by Japan’s Nippon Steel, Kallanish reports. In a White House statement on […]
- Weak demand inhibits trading in Northern European long steel marketby Yannick Bastos on 15th March 2024
Prices were broadly stable in the wire rod and rebar market in Northern Europe in the week to Wednesday March 13 amid unchanged market conditions. Mills remained resistant to offering discounts, […]