European steel industry news - EU media reports.

Turkish steel producer Borusan starts talks on acquisition of ...
Mon, 20 Mar 2023 00:00:00 GMT
Turkeys largest steel pipe producer Borusan Mannesmanns fully owned US subsidiary, Borusan Mannesmann Pipe US Inc., has started negotiations with German steel pipe producer Europipe GmbH on the acquisition of all issued and outstanding shares of capital stock in Europipes US subsidiary, Berg Europipe Holding Corp, Borusan said March 16. According to a regulatory


EU HRC producers to achieve higher prices
Mon, 20 Mar 2023 00:00:00 GMT
European steelmakers are expected to reach higher domestic prices for hot-rolled coil due to short supply, sources said March 17. The volume of average deals, however, is expected to remain smaller as buyers remain uncertain that the uptrend would sustain in the third quarter. And the European steelmakers have already been offering June-July delivery


Tight supply continues pushing CRC, HDG prices higher across ...
Thu, 16 Mar 2023 00:00:00 GMT
Downstream flat steel prices in Europe increased in the week to Wednesday March 15, driven by limited supply, Fastmarkets heard.European producers of cold-rolled and hot-dipped galvanized coil had good order books and could offer coil with June-July delivery to the market. Offers for CRC in the region were reported at 940-970 ($1,007-1,039) per tonne


Italian rebar market bullish on rising energy costs; prices stable ...
Thu, 16 Mar 2023 00:00:00 GMT
Italian rebar producers and buyers alike remained bullish regarding future price increases amid rising input costs.Despite prevailing optimism about a future uptrend, demand remained slow and market activity was quiet in the week to Wednesday March 15, sources said. Fastmarkets price assessment for steel reinforcing bar (rebar) domestic, exw Italy was 730-760 ($782-814) per


Blastr eyes Norway captive pellet plant, merchant sales
Mon, 13 Mar 2023 00:00:00 GMT
Blastr Green Steel plans to invest in an iron ore pelletising plant in Gildeskl municipality, northern Norway, Kallanish learns from the company. The pellet plant will supply Blastrs projected steelmaking plant in Inkoo, Finland. The planned facility in Gildeskl will convert iron ore pellet feed into high-quality direct reduction pellet, which is used as


Europe lags market improvement, China hopes remain
Fri, 10 Mar 2023 00:00:00 GMT
Long products demand has improved, following the winter holiday season, everywhere but in Europe, says the International Rebar Exporters and Producers Association (Irepas). In the EU, mills are running at low capacity and prices are lower than in many other markets. Despite the good weather in February, inquiries from construction sites were much lower


Bullish sentiment prevails in Spanish rebar market; Italian producers ...
Fri, 10 Mar 2023 00:00:00 GMT
Steel distribution group Klckner & Co will be reorganising its sites in France this year, chief executive Guido Kerkhoff said at the groups annual press conference in Dsseldorf on Thursday. He emphasised that Klckner will not reduce its range of activities in the country, but mainly rearrange locations to operate more effectively, which means


Bullish sentiment prevails in Spanish rebar market; Italian producers ...
Fri, 10 Mar 2023 00:00:00 GMT
A pick-up in demand and price levels is expected in the Spanish rebar market, while Italian long steel producers also pushing for increases despite weak demand in Italy, sources told Fastmarkets this week.SpainSpanish steel mills are seeking higher rebar prices after demand improved in the week to Wednesday March 8, sources told Fastmarkets. But


Blastr Green Steel to build iron ore pellet plant in Norway by ...
Fri, 10 Mar 2023 00:00:00 GMT
Blastr Green Steel plans to invest in an iron ore pellet plant in Gildeskl municipality in Northern Norway to supply its Finnish green steel mill, it said March 9. The investment in Gildeskl is estimated at more than Eur1 billion ($1.1 billion), which makes it one of the largest industrial projects in the Nordic


Prices stable in rebar, wire rod markets in Northern Europe amid ...
Thu, 09 Mar 2023 00:00:00 GMT
The Northern European long steel market remained quiet in the week to Wednesday March 8, because of a wait-and-see attitude among buyers and weak demand, sources told Fastmarkets.At the beginning of March, mills were looking for price rises of 30-50 ($32-53) per tonne. But the market has not yet fully accepted such higher prices,


HRC buyers in Europe remain unconvinced about latest push for ...
Thu, 09 Mar 2023 00:00:00 GMT
Hot-rolled coil producers in Europe are becoming increasingly bullish, pushing up offer prices despite buyers having mixed feelings about the sustainability of any hikes, sources told Fastmarkets on Wednesday March 8.Offer prices on May-June delivery HRC in Northern Europe were consolidating around 840-860 ($893-914) per tonne ex-works, they added. Mill sources reported improving order


EU CRC, HDG prices rise on reduced availability
Thu, 09 Mar 2023 00:00:00 GMT
Domestic prices for cold-rolled and hot-dipped galvanized coil have increased in Europe in the week to March 8 supported by reduced supply and good order books of the mills. Platts assessed domestic prices for cold-rolled coil in Northwest Europe at Eur940/mt ex-works Ruhr, up by Eur15/mt on day and up by Eur35/mt on week.



Number of European news reports: 12
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