Chinese steel futures and seaborne iron ore prices were fluctuating on Wednesday amid some uncertainty. Iron ore was adjusting to longer processing times for imports from […]

SBQ steelmaker Schmolz+Bickenbach was severely affected by the Covid-19 pandemic in the second quarter, as lower steel demand translated into reduced sales volumes and revenue. “The biggest […]

Dutch flat steel service centre Noviostaal confirms the outlook for flats prices in Europe remains positive. This is thanks to a recovery of activity in key markets and the need for mills to widen […]

Swedish scrap prices marked the first recovery in August since the middle of April, Kallanish learns from national scrap association Järnbruksförnödenheter AB (JBF). Each […]

The European HDG market was relatively stable Aug. 12 with further improvements seen in automotive demand, sources told S&P Global Platts. The Platts TSI HDG index was assessed at Eur520/mt […]

Ferrum has signed a €19.8 million ($23.4m) agreement to supply Polish gas pipeline operator Gaz-System with insulated welded pipe for Baltic Pipe LOT D, the Polish pipemaker says. Deliveries […]

Severstal Distribution increased sales in the first half of the year, the company says. Shipments amounted to 1.3 million tonnes, up by 8% on-year, Kallanish notes. Severstal’s sales […]

A recovery in the European stainless steel market to levels prior to the Covid-19 pandemic will take significantly longer than many anticipate, says Joost van Kleef, commercial director of stainless […]

As steel consumption in Turkey rose notably in June and exports soared by 40.3% year on year in that month to 2 million mt, amid recovery attempts globally, Turkish mills’ crude steel output […]

Spanish authorities confirmed last week that Cristian Lay’s proposed acquisition of the Gallardo Balboa group has received the necessary green light from local regulators. Last month Cristian […]

The Italian government has allocated €470 million ($553m) to becoming a shareholder in troubled ArcelorMittal Italia, formerly Ilva, through its investment body Invitalia. The state is carrying […]

China saw its finished steel exports recover slightly on-month in July. Imports however continue to increase, and the country is expected to remain a net steel importer, Kallanish notes. In […]

Outokumpu expects stainless steel deliveries to decrease -10% on-quarter in the third quarter due to seasonally low demand in Europe and the continued Covid-19 pandemic impact. The firm has […]

Spain’s UGT Union said Aug. 6 it welcomed an agreement reached between automaker Nissan and striking workers at its Barcelona-based plant that confirms activity at the site until December 2021. […]

With the EC’s new quota regulation, Turkey could face a 58% on-year decline in steel exports to the EU region, Adnan Aslan, chairman of Turkish Steel Exporters’ Association (CIB), told […]