- Stahl-Holding-Saar sees ‘toughest time’ ahead for its German steel millsby EUROMETAL on 30th May 2023
Stahl-Holding-Saar, the German parent of steel mills Dillinger and Saarstahl, was expecting the “toughest time” in the company’s history, driven by rising scrap shortages and expected higher […]
- Sarralle supplies metal recovery plant to Acerinoxby EUROMETAL on 30th May 2023
Steel industry technology and engineering supplier Sarralle Group tells Kallanish it has won a new order from Acerinox for the upgrade of its Palmones unit in Spain. After having successfully built […]
- Higher prices support Stalprodukt electrical steel earningsby EUROMETAL on 30th May 2023
Stalprodukt has maintained its forecast for an electrical steel sheet price correction in the first half of 2023 from the high base of 2022. However, the firm’s electrical steel segment earnings […]
- Spain’s car production remains strong in Aprilby EUROMETAL on 30th May 2023
The Spanish automotive sector increased both production and exports in April, Kallanish notes. “The improvement of the industry continues, with a more accentuated pace observed in the fourth […]
- German fabricators demand power price cap, orders downby EUROMETAL on 30th May 2023
Germany’s steel and metals fabricators are demanding the Berlin government facilitate an upper power price limit of €0.04 ($0.043) per kilowatt hour, says their federation, Wirtschaftsverband […]
- Southeast Europe steel output rebounds in Aprilby EUROMETAL on 29th May 2023
Southeast Europe (SEE) crude steel production increased in April, according to the latest worldsteel data monitored by Kallanish. Regional output amounted to 317,861 tonnes, compared to 296,394t in […]
- EU seen needing increased energy spend despite reluctanceby EUROMETAL on 29th May 2023
Europe’s spend on oil, gas and coal increased from 4% to 10% of GDP last year and this expenditure will remain elevated for the foreseeable future, guest speaker Ole Rolser from McKinsey & Co. […]
- French rebar activity weakens in Mayby EUROMETAL on 29th May 2023
May has been a month of poor orders for French rebar. Quiet activity persists, with material only being bought back-to-back, while export sales to other European markets have reduced considerably. […]
- Polish steel rebar producers limit production, but prices keep fallingby EUROMETAL on 29th May 2023
Steel rebar prices in Poland have declined again on low demand, and local steel mills have cut production with higher costs starting to have an effect, sources told Fastmarkets on Friday May 26. […]
- Vanessa Espeel is the new president of Belmetalby Ricardo Silva on 26th May 2023
Vanessa Espeel from Espeel in Wielsbeke, assumed this Wednesday the presidency of the Belgian federation, BELMETAL. The head of stockist Espeel & Cie succeeds Johan Rosseel of Rosseel Tielt. Ms. […]
- US Steel Kosice considers blast furnace stoppage on weak demand – sourcesby EUROMETAL on 26th May 2023
Slovakia-based flat steel producer US Steel Kosice (USSK) is considering halting one of its blast furnaces due to slow demand for steel across Europe, sources told Fastmarkets on Tuesday May 23. […]
- Prices continue to slide across rebar, wire rod markets in Southern Europeby EUROMETAL on 26th May 2023
Bearish sentiment continued to inhibit market activity in the long steel products across Southern Europe in the week to Wednesday May 24, sources told Fastmarkets.And producers will look to curtail […]
- EU HRC market outlook bearish on low demand, competitive offers from Central Europeby EUROMETAL on 26th May 2023
EU buyers have been holding back from bookings of hot-rolled coil May 25 as they anticipate that domestic prices from Northwest European mills would drop in June. Apart from competitive offers from […]
- Italy’s AST to stop production for a week on low demandby EUROMETAL on 26th May 2023
Stainless steelmaker Acciai Speciali Terni will stop crude production and all the rolling lines at its site in central Italy for a week from from May 25 because of low demand, union sources told […]
- Biden highlights US-EU steel tradeby EUROMETAL on 26th May 2023
US President Joe Biden has highlighted a blossoming trade relationship between the US and EU following negotiations for the world’s first emissions-based trade arrangement for steel and aluminium […]