- EU needs to work on CCUS: Euroferby Yannick Bastos on 8th December 2023
The inclusion of technologies to decarbonise steelmaking in the Council on the Net Zero Industry Act (NZIA)’s list of net-zero technologies sends a positive signal. However, EU authorities must […]
- Expectations grow for Acciaierie d’Italia’s futureby Yannick Bastos on 8th December 2023
The meeting between Acciaierie d’Italia (ADI) joint venture partners state-owned Invitalia and ArcelorMittal has been rescheduled to 11 December. This comes after ArcelorMittal submitted a 12-page […]
- Metinvest, Danieli eye 2027 Italian steelworks commissioningby Yannick Bastos on 8th December 2023
Metinvest and equipment maker Danieli aim to commission Metinvest’s prospective hot strip mill in Piombino, Tuscany by 2027, President of Tuscany Eugenio Giani said after a meeting in Florence […]
- Demand drives up northern European rod pricesby Yannick Bastos on 8th December 2023
Northern European wire rod prices continued to increase this week due to firm demand in Europe, sources say. Participants, however, do not expect values to rise further before year-end due to the […]
- European steel beam prices rise on mills’ bullish offersby Yannick Bastos on 8th December 2023
Steel beam prices in Europe moved up in the week to Wednesday December 6, with mills bullish amid higher scrap feedstock costs. Fastmarkets’ weekly price assessment for steel beams domestic, […]
- Increased feedstock costs push prices higher in Southern European rebar market; wire rod prices stableby Yannick Bastos on 8th December 2023
Higher feedstock costs, production cuts and small tonnage restocking before Christmas holiday closures led to price rises in the Italian and Spanish rebar market, with wire rod prices remaining […]
- Steel hollow sections producers in Europe target higher offers, prices riseby Yannick Bastos on 8th December 2023
Steel hollow sections prices in Europe rose in the week to Wednesday December 6, with mills targeting higher market levels to encourage buying in the new year. Fastmarkets’ weekly price assessment […]
- Agir Haddecilik steel facility to build 9.2-MWp solar power plant in western Turkeyby Yannick Bastos on 8th December 2023
One of Turkey’s largest re-rollers, Agir Haddecilik, has decided to build a new 9.2-MWp solar power plant in Gediz, Kutahya, western Turkey, to meet its facilities’ all electricity demand with […]
- European Council adopts position on Net-Zero Industry Act; ‘positive’ move for steel decarbonizationby Yannick Bastos on 8th December 2023
The European Council adopted Dec. 7 its position on a framework of measures to sustain Europe’s net-zero technology products manufacturing ecosystem, including for decarbonizing steel, called the […]
- EU HRC market supported by full order books, uncompetitive importsby Yannick Bastos on 8th December 2023
Good order book of the EU steelmakers and lack of competitive imports supported domestic European hot-rolled coil prices Dec. 7, while demand remained limited. Most mills in Northwest Europe made […]