- European Commission to review Severstal HRC dutyby Ricardo Silva on 18th January 2021
The European Commission is reviewing the existing anti-dumping duty (ADD) on hot-rolled coil (HRC) shipments from Russian steel producer Severstal after being petitioned by European steel association […]
- ISTA petitions UK over Northern Irish steel tariffsby EUROMETAL on 15th January 2021
The International Steel Trade Association (ISTA) has written to UK cabinet member Michael Gove suggesting the 25pc import duty on non-European/UK steel into Northern Ireland is “grossly unfair” […]
- EU steel can access Northern Ireland without dutyby EUROMETAL on 15th January 2021
European steel can be imported into Northern Ireland without paying a 25pc duty, the UK government has said. There will be no quota or duty for European steel, meaning it will have unfettered access […]
- ArcelorMittal reveals Ilva’s new industrial planby EUROMETAL on 15th January 2021
The new industrial plan for the relaunch of former Italian steelmaker Ilva involves an investment of €310 million ($377m) in 2021. It includes the remaking of blast furnace no.5, which has been […]
- China ends 2020 with stronger steel exportsby EUROMETAL on 15th January 2021
Chinese finished steel exports continued to tick higher in December, while imports dwindled further, preliminary Customs data show. 2020 saw China’s steel trade surplus shrink sharply, but 2021 […]
- Duferco eyes major Italy beam production centreby EUROMETAL on 15th January 2021
Duferco aims for its San Zeno Naviglio mill to become the most important centre of steel beam production in Europe. The firm previously ordered from SMS Group a new medium sections rolling mill for […]
- German engineering industry sees some reliefby EUROMETAL on 15th January 2021
For companies in the German mechanical engineering sector, November was the first month with a year-on-year growth trend in 2020. Overall, order intake in November was up 5%, Kallanish hears from […]
- Italian beam prices skyrocketby EUROMETAL on 15th January 2021
Italian heavy sections producers are back following the Christmas holiday break, quoting at over €100/tonne ($121) more than last month, market participants tell Kallanish. Sections prices […]
- Northern Ireland sees post-Brexit supply disruption, confusionby EUROMETAL on 15th January 2021
Steel originating in the EU can enter Northern Ireland tariff- and quota-free, senior UK steel sources confirm. However, all origins outside the EU and Great Britain are automatically levied with a […]
- European distributors remain concerned over steel supplyby EUROMETAL on 15th January 2021
European distributors and service centres for steel continue being concerned over the availability of steel supplies from mills and the impact of the jump in prices. In recent weeks a number of […]
- US HRC prices continue climbing; record new all-time highsby EUROMETAL on 15th January 2021
US hot-rolled coil prices marched higher on Jan. 14 as more spot transactions at the $1,100/st band were reported at a tightly supplied market. The daily Platts TSI US HRC index rose by $4.75 to […]
- Plate maker Dillinger France receives Eur1.8 million green steel subsidyby EUROMETAL on 15th January 2021
Plate producer Dillinger France has received Eur1.8 million in state subsidy by the French government to drive up green steel production, German parent company Dillinger said Jan. 14. The funding […]
- UK steel trade body seeking duty-free trade to Northern Irelandby EUROMETAL on 15th January 2021
UK steel trade association ISTA urged the UK government to not impose an automatic 25% duty on steel imports into Northern Ireland from non-GB and non-EU sources, an ISTA letter to Cabinet Minister […]
- European coil price rally continues on 13-year highby EUROMETAL on 15th January 2021
European coils prices remained elevated at 13-year highs as further price hikes are anticipated, sources told S&P Global Platts Jan. 14. One Benelux buyer said due to delivery delays at European […]
- EU files WTO panel request against illegal export restrictions by Indonesia on raw materials for stainless steelby EUROMETAL on 15th January 2021
EU has requested the establishment of a panel at the World Trade Organization (WTO) to seek the elimination of unlawful export restrictions imposed by Indonesia on raw materials necessary for the […]