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Thyssenkrupp shares rise on steel spin-off report
Mon, 18 Jan 2021 18:22:04 GMT
FRANKFURT Reuters - Shares in Thyssenkrupp (DE:TKAG) rose on Monday as traders pointed to a Bloomberg report which said that the group was considering a spin-off of its steel business,

ISTA petitions UK over Northern Irish steel tariffs
Fri, 15 Jan 2021 00:00:00 GMT
The International Steel Trade Association (ISTA) has written to UK cabinet member Michael Gove suggesting the 25pc import duty on non-European/UK steel into Northern Ireland is grossly unfair and puts its members at a disadvantage to European producers and traders. The association also said it goes against the idea of a level playing field

EU steel can access Northern Ireland without duty
Fri, 15 Jan 2021 00:00:00 GMT
European steel can be imported into Northern Ireland without paying a 25pc duty, the UK government has said. There will be no quota or duty for European steel, meaning it will have unfettered access to the country, contrary to previous advice from UK government agencies. Material from the rest of the world will still

Duferco eyes major Italy beam production centre
Fri, 15 Jan 2021 00:00:00 GMT
Duferco aims for its San Zeno Naviglio mill to become the most important centre of steel beam production in Europe. The firm previously ordered from SMS Group a new medium sections rolling mill for the steelworks in northern Italy. Following commissioning, the works will reach a yearly output of 1.5 million tonnes of long

Tenaris to invest in hydrogen steelmaking in Italy
Thu, 14 Jan 2021 00:00:00 GMT
Tubemaker Tenaris has signed an agreement with Italian energy suppliers Edison and Snam for a project aimed at using hydrogen in some steelmaking operations at the Tenaris Dalmine seamless tube plant in Italy. The project will focus on studying the supply of hydrogen to the plant and adapting the mill to use the gas

Duferdofin changes name to Duferco Travi e Profilati
Thu, 14 Jan 2021 00:00:00 GMT
Italian sections producer Duferdofin, part of Duferco, has been renamed to Duferco Travi e Profilati after the exit of former US partner Nucor,Kallanishlearns from a company statement. The extraordinary general meeting gatheredat the companys steelworks in San Zeno Naviglio has appointed Franco Monteferrario and Augusto Mario Gozzi as Duferco Travi e Profilati president and

Study finds blue hydrogen feasible for thyssenkrupp steel
Wed, 13 Jan 2021 00:00:00 GMT
Norwegian-based energy company Equinor, gas transmission system operator OGE, and thyssenkrupp Steel Europe have concluded their joint feasibility study on blue hydrogen for tk Steels mills. The study finds that the decarbonised production and supply of blue hydrogen from natural gas to Germanys largest steel plant in Duisburg is technically feasible, the partners say.

EU remains Turkey's main HRC export market despite barriers
Fri, 08 Jan 2021 00:00:00 GMT
Although Turkish steel mills overall hot-rolled coil exports in January-November 2020 were 14.5% below last year at 2.71 million mt, due to the EUs import quotas and anti-dumping and countervailing duty investigations, the EU region remained Turkish mills main HRC export destination last year. Despite quotas and safeguard investigations, Italy remained Turkeys largest HRC

Southeast Europe's steel output rebounds on-month
Mon, 04 Jan 2021 00:00:00 GMT
Southeast Europe (SEE) crude steel production continued to decrease in January-November, according to thelatest worldsteel data monitored byKallanish. Regional output amounted to 3.165 million tonnes, down by -21.4% year-on-year. In January-October, regional production had fallen -24.2% on-year to 2.874mt. Serbia was again the largest steel producer among the seven countries of SEE, which also

JSW Steel to acquire 31% stake in Italy's GSI Lucchini
Tue, 22 Dec 2020 00:00:00 GMT
The balance share capital of GSI is already held by JSW Steel Italy Srl. The manufacturing unit of GSI is located at the port city of Piombino in Tuscany region, providing easy access to export

EC to impose duty of up to 7.8% on some Turkish steel imports: ...
Fri, 18 Dec 2020 00:00:00 GMT
The European Commission is to impose an anti-dumping duty of 4.6%-7.8% on imports of some Turkish steel products, the CEO of major Turkish steelmaker Colakoglu told S&P Global Platts on Dec. 17. The EC launched an anti-dumping investigation into imports of certain hot-rolled flat products from Turkey in mid-May following a request by European

Stainless steel production decreases by 7.8% to 36.7 million ...
Thu, 17 Dec 2020 00:00:00 GMT
Brussels 17 December 2020 The International Stainless Steel Forum (ISSF) has released figures for the first nine months of 2020 showing that

Number of European news reports: 12
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Steel industry news headlines and media reports from Europe.