- Action needed in UK to attract investment for low-carbon steelmaking projects: ETCby Nicolas Golob on 2nd February 2023
Urgent action is needed over the next 24-month to create certainty for investors and financiers to make final investment decisions in near-zero emissions primary, or ore-based, steelmaking projects […]
- EU Green Deal Industrial Plan must promote investment in low-carbon steel projects: Euroferby Nicolas Golob on 2nd February 2023
The EU’s Green Deal Industrial Plan must have an overall vision and provide a business case for investment in the continent comparable to the US Inflation Reduction Act to ensure low-carbon steel […]
- Borusan Mannesmann to start new Romania steel pipe facility end-2023by Nicolas Golob on 2nd February 2023
Turkey’s largest steel pipe producer Borusan Mannesmann will start construction of its new steel pipe facility in Romania in March, which is scheduled to start serial production at the end of 2023, […]
- EU HRC prices stable as buyers question price sustainabilityby Nicolas Golob on 2nd February 2023
Domestic prices for hot-rolled coil in Europe have been fairly stable on Feb. 1 as buyers have been showing doubt about the sustainability of the prices. Import offers have increased in Europe after […]
- Italian domestic CRC, HDG rises on high import offers, good order booksby Nicolas Golob on 2nd February 2023
Domestic prices for cold-rolled and hot-dipped galvanized coil in South Europe increased in the week to Feb. 1 supported by higher import offers and good order books of the European mills. Platts […]
- Flat steel producer Acciaierie d’Italia to boost production in 2023, 2024by Nicolas Golob on 2nd February 2023
Italian integrated flat steel producer Acciaierie d’Italia (ADI) has confirmed its plans to boost crude steel production to 4 million mt in 2023 and to 5 million mt in 2024, the company told […]
- UK decarbonisation window narrowing, carbon pricing critical: ETSby Nicolas Golob on 2nd February 2023
The coming two years offer a narrow but clear window of opportunity, during which action must be taken if there is to be a revitalisation of the UK steel industry through breakthrough technology, the […]
- Italian plate contracts riseby Nicolas Golob on 2nd February 2023
Italian plate prices are increasing in contracts following the hike attempts by local producers in January, Kallanish learns from market participants. Plate re-rollers are now quoting and obtaining […]
- CRC and HDG coil prices in Europe move up on limited supplyby Nicolas Golob on 1st February 2023
European producers maintained high offers for cold-rolled and hot-dipped galvanized coil during the week to Wednesday February 1, citing good order books and limited availability, and buyers resisted […]
- Toyota to halt Turkish, Czech production: reportsby Nicolas Golob on 1st February 2023
The semiconductor shortage continues to hamper automotive production, Kallanish notes. Japanese auto producer Toyota’s Turkey-based subsidiary, Toyota Otomotiv A.S., will halt production at its […]
- French rebar sellers report disappointing Januaryby Nicolas Golob on 1st February 2023
Sources in the French rebar sector are reporting a rather weak level of sales in January and forecasting a similar level of order intake in February, Kallanish hears. Participants say this is part of […]
- Aperam increases alloy surchargesby Nicolas Golob on 1st February 2023
French stainless steel producer Aperam is increasing its February alloy surcharges for its austenitic range of flat stainless steels for Europe. The steelmaker is pushing up 304 prices by only […]
- Turkish flats duties may only affect some pipemakersby Nicolas Golob on 1st February 2023
Turkey’s increase of customs duties on the most imported flat steel products announced over the weekend is unlikely to affect imports of lower-priced products. However, it may affect some end […]
- European HRC buyers expect prices to correct; mills optimistic on good order booksby Nicolas Golob on 1st February 2023
Trading in the European hot-rolled coil market was limited on Wednesday February 1 due to buyers being cautious about accepting higher prices, sources told Fastmarkets.Fastmarkets calculated its […]
- Europe urgently needs structured automotive industrial policy: ACEAby Nicolas Golob on 1st February 2023
The European Automobile Manufacturers’ Association, or ACEA, has called for an ambitious and structured automotive industrial policy to rival that of other competitor regions. In a Jan. 31 open […]