- Stainless steel sector ‘cautious’ amid tariffs, capacity overhang: BIRby ricardo on 19th February 2025
Stainless steel markets worldwide started 2025 “cautiously” with a “huge capacity overhang” in Asia, the Brussels-based Bureau of International Recycling said in a quarterly bulletin Feb. 14. […]
- Limited imports, restocking support European HRC prices recoveryby ricardo on 19th February 2025
European hot-rolled coil producers pushed for higher prices for the second quarter, with increases only partially accepted by buyers, Fastmarkets heard on Tuesday February 18. The upward sentiment in […]
- Trump adds downstream goods to steel tariff orderby ricardo on 19th February 2025
The Trump administration is singling out a list of 167 “derivative” steel items destined for addition to Section 232 tariffs in the US, Kallanish learns from a White House proclamation on […]
- Italian longs prices flattenby ricardo on 19th February 2025
The Italian long steel market is still in a stable state, with no change in prices since January, Kallanish notes. Over the last two weeks, some niche sectors have placed orders, but sales of […]
- Tata Steel UK’s £1.25 billion investment in Port Talbotby ricardo on 18th February 2025
The landmark approval of Tata Steel UK’s state-of-the-art electric arc furnace (EAF) project in Port Talbot, confirmed by Neath Port Talbot County Borough Council, marks the most significant […]
- ArcelorMittal halts steel output at Romanian Hunedoara mill on high energy costsby ricardo on 18th February 2025
ArcelorMittal has paused production at its Hunedoara steelworks in Romania from Feb. 14 until March 30 due to high domestic energy costs, a company spokesperson told Platts, part of S&P Global […]
- German rebar mills try to increase prices againby ricardo on 18th February 2025
German rebar mills tried to increase offers over previous contracts last week, with the modest rise seen as more realistic than those announced in December. The base price would now be at […]
- Romania’s Donalam urges state support amid low-priced importsby ricardo on 18th February 2025
Beltrame’s Romania-based Donalam unit, with steel mills in Calarasi and Targoviste, is sounding the alarm to authorities regarding what it says is a crisis in the steel industry, Kallanish notes. […]
- US tariffs unlikely to sharply impact Spainby ricardo on 18th February 2025
The 25% tariff on exports to the US, announced by President Donald Trump, is not expected to significantly impact Spain, according to the Spanish Chamber of Commerce (CCE). This is because relative […]
- EU HRC prices move sideways, sources point to increasing activityby ricardo on 17th February 2025
European hot rolled coil prices remained stable Feb. 14, while sources shared increasingly optimistic outlooks on price trajectory amid lingering uncertainty. Market participants pointed towards […]