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Ukraine: KSZ net profit up in 2023
results steel ukraine
Thu, 28 Mar 2024 00:00:00 GMT
In 2023, Kremenchuk Steel Works JSC received net profit of 124.13 million UAH, up 2.5-fold YoY. The company intends to leave the profit undistributed. Dividends will not be paid. As of the beginning of the year, the undistributed profit of the company amounted to 67.25 million UAH as opposed to the undistributed loss of
https://metalukraine.com/2024/03/28/ukraine-ksz-net-profit-up-in-2023.html


LIBERTY announces UK strategic steel plan after signing new creditor ...
gfg steel
Thu, 28 Mar 2024 00:00:00 GMT
LIBERTY today announces the strategic plan for its UK steel assets after signing a new framework agreement (the framework) with its major creditors. The new framework comes
https://libertysteelgroup.com/liberty-announces-uk-strategic-steel-plan-after-signing-new-creditor-framework-agreement/


Financial support for Poland from the EU could revive the Central ...
poland production steel
Wed, 27 Mar 2024 20:16:03 GMT
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly
https://metallurgprom.org/en/main/14795-finansovaja-podderzhka-polshi-ot-es-mozhet-ozhivit-centralno-evropejskij-rynok-stali.html


The EU allocated 3 million euros for the laid-off German employees ...
germany labour steel
Wed, 27 Mar 2024 20:14:03 GMT
The European Commission has offered to support workers laid off in the German steel industry...
https://metallurgprom.org/en/news/europe/14809-es-vydelil-3-mln-evro-na-uvolnjaemyh-nemeckih-sotrudnikov-vallourec.html


New, technological coke-oven machinery for voestalpine Stahl
austria coke danieli vai
Wed, 27 Mar 2024 15:01:55 GMT
Leading European steel producer voestalpine Stahl has awarded a contract for the supply of two new Coke Transfer Cars for its Coke Plant #1 in Linz, Austria to Danieli Corus and INperfektion. This equipment will replace the existing machinery in use at the coke side of the
https://www.danieli.com/en/news-media/news/new-technological-coke-oven-machinery-voestalpine-stahl_37_875.htm


Southeast Europe steel output remains stable in February
europe production steel
Wed, 27 Mar 2024 00:00:00 GMT
Southeast Europe (SEE) crude steel production was almost flat in February, according to the latest...
https://eurometal.net/southeast-europe-steel-output-remains-stable-in-february/


German steel production stabilises at low level
germany production steel
Wed, 27 Mar 2024 00:00:00 GMT
Crude steel output at German mills increased year-on-year for the second consecutive month in...
https://eurometal.net/german-steel-production-stabilises-at-low-level/


Steel buyers focus on forecasts after price U-turns
market steel usa
Thu, 21 Mar 2024 00:00:00 GMT
Interest in MEPS Internationals 12-month forecasts surged as the importance of an expertly-compiled market outlook was highlighted by a sharp decline in hot rolled coil prices a marked turnaround from increases on either side of the New Year period. MEPS has forecast that the Europe average hot rolled coil price will bottom in May after increasing by over 21% between October and February. In the United States and Canada prices which grew by 52% and 38%, respectively, during quarter four
https://www.hellenicshippingnews.com/steel-buyers-focus-on-forecasts-after-price-u-turns/


Primetals Press Release
finland metals primetals
Wed, 20 Mar 2024 00:00:00 GMT
Primetals Technologies Receives Follow-Up Order for New Millstand Drives at Cold Rolling Mill in Finland
https://www.primetals.com/press-media/news/primetals-technologies-receives-follow-up-order-for-new-millstand-drives-at-cold-rolling-mill-in-finland


Tenova To Supply Dri Technology To Italian Hydrogen-based Steel ...
dri ghg investment italy
Wed, 20 Mar 2024 00:00:00 GMT
Power Mar 20, 2024 Tenova to supply DRI technology to Italian hydrogen-based steel project Tenova is set to supply a 30m direct reduction iron (DRI) tower and electric arc... View
https://www.h2-view.com/story/tenova-to-supply-dri-technology-to-italian-hydrogen-based-steel-project/2107758.article/


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Steel industry news headlines and media reports from Europe.