European steel industry news - EU media reports.

Ukraine: PGOK board chairman arrested
Fri, 29 Sep 2023 09:24:00 GMT
Pecherskiy Court of Kyiv has arrested Victor Lotous, Poltava Mining and Processing Works board chairman, with an alternative of a bail of UAH 999.991 million. PGOK belongs to Konstantin Zhevago. A claim has also been sent to extract Zhevago from France. According to investigation, the enterprise was selling crushed stone made of ferruginous quartzites


Open Forum 2023
Wed, 20 Sep 2023 07:49:17 GMT
World Steel Association's second Open Forum is being held in Antwerp, Belgium on 12-13 September 2023. Check out the presentations.The post Open Forum


Open Forum 2023: Presentations
Mon, 11 Sep 2023 07:49:17 GMT
World Steel Association's second Open Forum is being held in Antwerp, Belgium on 12-13 September 2023. Check out the presentations.The post Open Forum


European steel market seeks direction
Thu, 24 Aug 2023 00:00:00 GMT
The European holiday season is in full swing, exacerbating already weak steel demand. Purchasing has been put on hold this month. Distributors and service centres are waiting for September, to evaluate the price direction. Producers attempted to raise prices, for both flat and long products, before the summer shutdowns. This occurred mostly during price discussions, but some mills issued formal price increase letters to customers. Buyers dismissed these proposals as unworkable. Few


Outokumpu published an environmental product declaration for ...
Thu, 17 Aug 2023 00:00:00 GMT
Outokumpu is the owner of the largest known chromite reserves within the European Union. Outokumpu continues to lead in sustainability by becoming the first ferrochrome manufacturer in the industry to publish an environmental product declaration (EPD) for its ferrochrome production. An EPD is a standardized* way of providing data about the environmental impacts of a product. Today, Outokumpus ferrochrome has significantly lower carbon footprint than industry average**. The EPD for


European HRC market quiet amid holidays stoppages
Tue, 08 Aug 2023 00:00:00 GMT
Prices in the hot-rolled coil market in Europe were flat on Monday August 7 due to near-zero trading as a result of the seasonal slowdown, sources told Fastmarkets. Fastmarkets daily steel hot-rolled coil index domestic, exw Northern Europe was calculated at 645.83 ($710.69) per tonne on Monday, unchanged from Friday August 4. Most mills have withdrawn


EU HRC market stable; producers lack unified pricing approach
Tue, 08 Aug 2023 00:00:00 GMT
Domestic prices for hot-rolled coil in Europe have been stable on Aug. 7 because of a seasonal market slowdown. Steelmakers, in the meantime, lacked a unified approach to pricing as some continued to give discounts to sell volumes and others have made unsuccessful attempts to raise offers to Eur680-700/mt delivered, sources said. Customers asking


EU HRC prices stable, number of offers limited
Thu, 03 Aug 2023 00:00:00 GMT
Domestic prices for hot-rolled coil in Europe remained unchanged Aug. 2 on a seasonal market slowdown. The number of domestic and overseas offers has been limited as European mills have been largely inactive because of scheduled maintenance or full order books. And safeguard quotas for other countries and South Korean origin have been almost


Trading on pause in European HRC market due to seasonality, mills ...
Wed, 02 Aug 2023 00:00:00 GMT
The markets for European steel hot-rolled coil have gone completely quiet because of summer holiday absences, but producers hoped to get higher prices in September on a recovery in consumption, and a lack of low-priced imports due to the rapid take-up of EU import quotas, sources told Fastmarkets on Tuesday August 1. The seasonal


Austria's EHG acquires German stockholder, expands in Bavaria
Wed, 02 Aug 2023 00:00:00 GMT
Austrian steel and metals distribution company EHG Gruppe has acquired Pader Stahl in Paderborn, thus expanding its presence in Germany and especially in North Rhine Westphalia state. Pader Stahl operates two houses in Paderborn, with some 40 employees, and in 2022 achieved a revenue of 37 million ($41m). It offers various processing services, especially


Summer closures halt trading in northern European rebar market ...
Fri, 28 Jul 2023 00:00:00 GMT
Summer closures, which began in Northern Europe in mid-July, resulted in a flat market in the week to Wednesday July 26. Trading activity is expected to remain slow till mid-August, when mills reopen. Fastmarkets weekly price assessment for steel reinforcing bar (rebar) domestic, delivered Northern Europe was 575-605 ($636-670) per tonne on Wednesday, stable week-on-week. Trading


Mills wind down for summer in Southern European rebar market; ...
Fri, 28 Jul 2023 00:00:00 GMT
Steel mills in Southern Europe have begun winding down operations in preparation for the summer holidays, with minimal activity reported in the regions wire rod and rebar markets in the week to Wednesday July 26 as a result, sources told Fastmarkets. Most mills in Southern Europe will stop production in early August until late



Number of European news reports: 12
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