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European Steel Industry News

Steel news - Europe - European Union


Are Section 232 steel tariffs teed up for 2018
Thu, 04 Jan 2018 22:04:00 GMT
Tariffs on steel imports were a long-watched development out of Washington ... But in their stead, countries like Germany, Brazil and others have stepped up imports, potentially in response to the tariff threat. The lack of action thus far has drawn ...
http://www.virginiamn.com/news/business/are-section-steel-tariffs-teed-up-for/article_451be25e-f1c4-11e7-82b7-4f8a9f6faf4a.html&c=15584434252976272736&mkt=en-gb


Initial completion of HG Storage transaction
Fri, 29 Dec 2017 00:00:00 GMT
RNS Number: 5550A Glencore PLC 29 December 2017 Glencore plc Baar, Switzerland 29 December, 2017 Initial completion of Glencore and HNA HG Storage International Limited transaction Glencore plc (Glencore) is pleased to announce it has completed the sale of a 51% interest in HG Storage International Limited (HGSI) to HNA Innovation Finance Group Co., Li...
http://www.iii.co.uk/research/LSE:GLEN/news/item/2626990/initial-completion-hg-storage-transaction?context=LSE:GLEN


US Finished Steel Imports Predicted to Surpass 30 Million NT ...
Thu, 28 Dec 2017 00:41:00 GMT
The imports from Taiwan, Germany and Brazil are likely to report strong growth during the current year. AISI forecasts 21.2% year-on-year growth in finished steel imports from Taiwan. SEATTLE (Scrap Monster): Based on the import trends during the initial ...
http://www.scrapmonster.com/news/us-finished-steel-imports-predicted-to-surpass-30-million-nt-in-2017/1/66648&c=2742242900386909838&mkt=en-gb


Norilsk Nickel signs a 5-year usd 2.5 billion syndicated facility ...
Wed, 27 Dec 2017 00:00:00 GMT
PJSC MMC Norilsk Nickel announces the signing of a 5-year USD 2.5 billion facility agreement with the syndicate of international financial institutions. Taking advantage of the current market conditions the Company achieved favorable terms of the syndicated loan supported by the considerable demand from a number of American, European and Asian banks. The proceeds will be used for refinancing of the existing debt, financing of capital expenditures and general corporate purposes. Nornickels Pr...
http://www.metalinfo.ru/en/news/99500


Germany launches probe of Chinese bid for aerospace supplier ...
Fri, 22 Dec 2017 13:31:00 GMT
The case, which comes after Berlin tightened its rules on foreign corporate takeovers in July, has echoes of the German governments decision last year to withdraw approval for Chinas Fujian Grand ... of the China Iron & Steel Research Institute ...
https://uk.reuters.com/article/us-germany-china-m-a-cotesa/germany-launches-probe-of-chinese-bid-for-aerospace-supplier-cotesa-idUKKBN1EG1AB&c=12024310364057742121&mkt=en-gb


Recycled Metal Market Poised to Register 4.8% CAGR Through 2016-2024
Thu, 21 Dec 2017 02:22:07 GMT
The global recycled metal market is highly fragmented as top three vendors, namely OmniSource Corporation, European Recycled Metal, and Sims Metal Management Ltd. accounted for 14.5% of the global market in 2015 and smaller players contributed to about 78.6%. However, the companies such as Nucor Corporation and Schnitzer Steel Industries, Inc., have also emerged as prominent players in this market.
http://www.topix.com/com/nue/2017/12/recycled-metal-market-poised-to-register-4-8-cagr-through-2016-2024?fromrss=1


Thyssenkrupp has offered help to Argentina over disappeared submarine
Fri, 15 Dec 2017 00:00:00 GMT
FRANKFURT Reuters - Germany's Thyssenkrupp (DE:TKAG), has offered assistance to Argentinian authorities in an investigation into the disappearance of a submarine last month, a spokesman said ...
http://uk.investing.com/news/stock-market-news/thyssenkrupp-has-offered-help-to-argentina-over-disappeared-submarine-929922


Glencore Ontario Teachers create new partnership
Tue, 05 Dec 2017 00:00:00 GMT
RNS Number: 4528Y Glencore PLC 05 December 2017 Glencore plc Baar, Switzerland 5 December, 2017 Glencore and Ontario Teachers' Pension Plan announce the creation of a new partnership focused on base metals streams and royalties Baar, Switzerland and Toronto, Canada, Dec. 5, 2017 -- Glencore Canada Corporation (Glencore) and Ontario Teachers' Pension...
http://www.iii.co.uk/research/LSE:GLEN/news/item/2601716/glencore-ontario-teachers-create-new-partnership?context=LSE:GLEN


ArcelorMittal's Ilva bid stalled, but EU steel to benefit either ...
Tue, 05 Dec 2017 00:00:00 GMT
(Story refiled to clarify details of the court appeal in paragraph 2) By Maytaal Angel and Massimiliano Di Giorgio LONDON Reuters - ArcelorMittal's bid to buy Italian steel major Ilva may have...
http://uk.investing.com/news/stock-market-news/arcelormittals-ilva-bid-stalled-but-eu-steel-to-benefit-either-way-837058


Exclusive - Trade union sets deadline in talks over Thyssenkrupp ...
Mon, 04 Dec 2017 00:00:00 GMT
By Tom Kckenhoff DUESSELDORF Reuters - German labour union IG Metall has given Thyssenkrupp (DE:TKAG) until Dec. 22 to agree guarantees on jobs, plants and investment if the company is to get the ...
http://uk.investing.com/news/stock-market-news/exclusive--trade-union-sets-deadline-in-talks-over-thyssentata-venture-836436


ThyssenKrupp kicks off talks with union on steel merger
Sat, 25 Nov 2017 00:00:00 GMT
ESSEN, Germany Reuters - Managers and labour leaders at Germany's ThyssenKrupp (DE:TKAG) have struck a conciliatory tone as they seek to resolve a dispute over job cuts resulting from a ...
http://uk.investing.com/news/stock-market-news/thyssenkrupp-kicks-off-talks-with-union-on-steel-merger-757256


Irans Zisco signs mining machinery deal with Czech firm
Thu, 23 Nov 2017 01:08:00 GMT
Iran-based Zarand Iranian Steel Company (Zisco) signed a contract with the Czech Republic's OSTROJ to import machinery and engineering services in the field of underground coal mining, said a report. A European bank was also present at the signing ceremony ...
http://www.tradearabia.com/news/IND_333397.html&c=17960282007467030168&mkt=en-gb


ThyssenKrupp lifted by record orders as shifts from steel
Thu, 23 Nov 2017 00:00:00 GMT
By Christoph Steitz and Tom Kckenhoff ESSEN, Germany Reuters - Demand for next-generation lifts and car components enabled Thyssenkrupp (DE:TKAG) to report its highest annual order intake in five ...
http://uk.investing.com/news/stock-market-news/thyssenkrupp-profit-beats-forecast-on-steel-materials-754321


Iran's ZISCO signs coal mining contract with Czech company
Wed, 22 Nov 2017 09:42:00 GMT
Zarand Iranian Steel Company (ZISCO) signed a contract with the Czech Republic's OSTROJ a.s. to import machinery and engineering services in the field of underground coal mining. A European bank was also present at the signing ceremony of the agreement ...
http://www.iran-daily.com/News/204808.html&c=5725535150629612113&mkt=en-gb


Austerity Isnt Working, Local Councils Are At Breaking Point ...
Wed, 22 Nov 2017 00:00:00 GMT
As the Chancellor gets to his feet today to announce the Budget, I have joined with Cllr Carol Clement-Williams, Cabinet Member for Finance at Neath Port Talbot Council, and Mark Fisher, Chair NPT Unison, to call on Philip Hammond to drop the Government's austerity policies, ensure local government is funded properly and that public sector workers get the pay they deserve. You can read our article, published in the South Wales Evening Post, below. Continue reading
http://www.stephenkinnock.co.uk/austerity_isn_t_working_local_councils_are_at_breaking_point_and_the_pay_cap_needs_scrapping


Number of news reports: 15



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