European Steel Industry News

Russia: SMC-Kolpino produces 200 thousand tons of steel
Wed, 13 Mar 2019 10:54:13 GMT
Since its commission in 2008, SMC-Kolpino has produced and sold 200 thousand tons of steel products. The anniversary ton was shipped to a European manufacturer of wind plants. In H2 2018 the company received a number of export orders with the combined volume of 10 thousand tons. The shipping was successfully completed in March.


Austrian distributor acquires two firms in Germany
Wed, 27 Feb 2019 00:00:00 GMT
Austrian distribution group EHG Stahlzentrum has taken over two steel stockholders in Germanys state of North Rhine xxx Both of the companies acquired, Lingemann Stahlgrosshandel GmbH and Stahlkontor GmbH, are located in Bad Oeynhausen in eastern Westphalia. They were both long-standing and family-owned firms, and were spun off to EHG by sole owner Lorenz


Assofermet hopes for revision of safeguard measures
Fri, 22 Feb 2019 00:00:00 GMT
The Italian distributor, service centre and traders association, Assofermet, is hopeful for the implementation of some changes to the EUs permanent safeguard measures for steel. Changes can be made to the measures during the first revision that the European Commission has programmed during the second quarter of 2019, Kallanish notes. In a special event


Fare thee well dear Comrade Callistus Dingiswayo Ndlovu
Thu, 21 Feb 2019 14:22:00 GMT
He insisted that I go to Zisco Steel and meet Dr Kuhn because he was looking for engineers in different departments at Zisco. An interview was conducted in the German language because Dr Kuhn was from


ThyssenKrupp and Tata JV may need HDG divestments
Tue, 12 Feb 2019 00:00:00 GMT
The European Commission might ask ThyssenKrupp and Tata Steel to divest some automotive galvanised steel capacity to enable their joint venture to proceed. It has long been anticipated that the companies would have to divest electrical steels and tinplate capacity. But not as many were expecting remedial action in the galvanised sector, despite the


Lack of quota clarity not dissuading EU flats importers
Thu, 07 Feb 2019 00:00:00 GMT
European importers of flat steel products have continued to place orders, even though the European Commission will not allocate any material to its new quotas until February 18, trading sources said. Following the implementation of permanent safeguards on steel imports on February 2, the EC is not allocating any material for 11 working days,


EU distribution activity suffered in 2018: EUROMETAL
Tue, 05 Feb 2019 00:00:00 GMT
Last year the activity of steel distributors across Europe suffered, according to the latest EUROMETAL data monitored by Kallanish. Multi-products and proximity distributors increased their shipments by 0.6% year-on-year in 2018, but flat steel service centres (SSC) saw their shipments drop by -3.1%, EUROMETAL explains. Shipments at SSC decelerated mainly in the second half of


Tony Waite appointed President of the Association of European ...
Mon, 04 Feb 2019 00:00:00 GMT
Tata Steels Sales Director Packaging, Tony Waite, has been appointed President of Europes leading steel for packaging


European Commission implements definitive steel safeguard measures
Mon, 04 Feb 2019 00:00:00 GMT
The European Commission (EC) has now formalised its definitive safeguard measures on imports of steel products. These measures take effect as from 2 February and replace the provisional ones in place since July 2018, the EC says in an announcement monitored byKallanish. The measures, both provisional and definitive, have been introduced as part of


Thyssenkrupp's CEO says first-quarter in line with outlook, shares ...
Fri, 01 Feb 2019 10:21:59 GMT
BOCHUM, Germany Reuters - Thyssenkrupp (DE:TKAG) said on Friday its first-quarter earnings would fall but be in line with its outlook, giving its ailing shares a much-needed jolt ahead of


Tk Schulte appoints new ceo
Fri, 01 Feb 2019 00:00:00 GMT
The German stockholding unit within the thyssenkrupp Materials Services group, thyssenkrupp Schulte, has appointed Martin Stillger as its new ceo, effective 1 February, Kallanish learns. The appointment comes in the wake of the move of former ceo Ilse Henne having joined the tk Materials Services executive board at the beginning of the year as chief operating


EU steel consumption to grow, but modestly: Eurofer
Fri, 01 Feb 2019 00:00:00 GMT
EU apparent steel consumption growth is forecast to slow down to 0.5% in 2019 followed by 1.2% in 2020, less than one-third of the annual growth rate of apparent steel consumption over the 2014-2018 period, European steel association Eurofer said in an economic report published Thursday. Last years consumption was estimated to have gone


Thyssenkrupp has no plans to sell elevator unit: Rheinische Post
Sat, 26 Jan 2019 03:21:59 GMT
FRANKFURT Reuters - Thyssenkrupp (DE:TKAG) has no plans to sell its elevators business, its chief executive told a German newspaper, also saying that a current plan to split the group in two


EU agrees to extend steel import curbs until 2021
Wed, 16 Jan 2019 00:00:00 GMT
By Philip Blenkinsop BRUSSELS Reuters - The European Union will limit imports of steel into the bloc following U.S. President Donald Trump's imposition of metals tariffs after


Tata Steel Europe upbeat about Port Talbots future after Brexit
Wed, 02 Jan 2019 00:00:00 GMT
...industrial complex in Port Talbot, south Wales, which employs 4,000 people, was threatened with closure in 2016 after being put up for sale by Tata Steel following years of losses. This led to questions about...


Number of news reports: 15