News
The EU has reached a preliminary agreement on new measures to protect the steel industry - "
1+ day, 13+ hour ago (308+ words) The Council of the European Union and the European Parliament have reached a preliminary agreement on new measures aimed at protecting the EU steel industry from global overcapacity and growing import pressures. The agreement aims to address the effects of…...
Germany supports the inclusion of environmentally friendly steel in the EU automotive package - "
1+ day, 13+ hour ago (342+ words) The German government has expressed unanimous support for the EU's automotive package, endorsing the inclusion of low-carbon materials such as environmentally friendly steel as part of compliance mechanisms. This position was confirmed after the meeting of the coalition committee held…...
EUROMETAL launches call to action to protect European steel and steel industry " Metallurgprom
1+ day, 21+ hour ago (336+ words) EUROMETAL, the European Federation of Steel Distributors, Traders and Service Centers, together with national federations and metallurgists, launched a call to action to protect the European steel and steel industry by bringing together a broad coalition of stakeholders across the…...
Thyssenkrupp expands presence in North America with acquisition of Aceroteca " Metallurgprom
2+ day, 15+ hour ago (205+ words) Thyssenkrupp expands presence in North America with acquisition of Aceroteca" Thyssenkrupp Materials Services has announced the acquisition of a controlling stake in the Mexican company Aceroteca Trading, which is a strategic step to expand its presence in North America and…...
Long products prices in Poland have stabilized after the Easter holidays, but factories are striving to increase " Metallurgprom
2+ day, 4+ hour ago (416+ words) Domestic prices for steel rebar and wire rod in Poland remained generally stable during the week to Friday, April 10, with factories offering higher prices despite a decrease in trading activity after the Easter holidays, Fastmarkets reported. During the week, market…...
EU fixes loophole in misuse of TRQ for rebar - "
2+ day, 20+ hour ago (129+ words) The European Commission has amended its safety measures for steel by introducing new TARIC subcodes to distinguish rebar from commercial ingots and ensure proper classification into the relevant TRQ categories, Kallanish notes in the Official Journal on April 10. Changes occur…...
Steel roll prices in the UK have risen sharply ahead of the announcement of the 50% tariff " Metallurgprom
1+ week, 6+ day ago (295+ words) Steel roll prices in the UK have risen sharply ahead of the announcement of the 50% tariff" Steel roll prices in the United Kingdom have risen ahead of the announcement by the UK government of a new steel production strategy that…...
Rising energy and transportation costs are affecting the stainless steel manufacturing sector" " Metallurgprom
2+ week, 2+ day ago (269+ words) Stainless steel market participants that have adapted to tariff-related trade disruptions will face further supply chain disruption in 2025 as a result of conflict in the Middle East. In Europe and the United States, increased transportation costs and increased delivery times…...
Austria cut steel production in February " Metallurgprom
2+ week, 2+ day ago (254+ words) According to worldsteel, Austria increased steel production in February compared to the previous month. The production volume amounted to 560, 000 tons, which is 9. 6% less than in the previous month, but 4. 7% more than in the same period last year, Kallanish notes. According…...
Most EU steel import quotas have been exhausted by the end of the first quarter, with usage exceeding 90% in key segments " Metallurgprom
2+ week, 3+ day ago (473+ words) As the first quarter of the EU quota period from January 1 to March 31 comes to an end, some import quotas for certain types of steel products allocated to South Korea, China, Turkey and Macedonia have already been exhausted, while more…...