Reportedly, the European steel mills are seeking to raise the prices to improve profits. It’s learned that ex-factory prices for hot rolled coils (HRC) decreased to €440/ton in North European market last week, the lowest ...
It’s reported that the prices of steel wire products and rebar have remained weak in the European market by the coming of summer vacation. Also, the weak scrap prices have also hindered the steel longs prices to rise. In ...
Tags: Construction&Decoration, European, Steel
Reportedly, the European engineering steel market demand was still sluggish and prices to remain unchanged in May which has not changed from last month. Currently, the European steel bar transaction prices of C45 grade hot rolled round bar ...
Tags: Metallurgy, Mineral, Energy
According to the European Steel Association (EUROFER), in March this year European Union (EU) flat steel imports reached 1.259 million mt, while EU long steel imports amounted to 253,000 mt. Accordingly, overall EU finished steel imports in ...
Tags: Steel Imports, EU, Q1
The European trade association for stee,l Apeal (the Association of European Producers of Steel for Packaging), has released the latest steel recycling figures In 2011, 2.6 million tonnes of steel packaging were recycled to make new steel ...
Tags: Apeal, Steel Recycling, Packaging&Printing
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first quarter of 2013. In the first quarter, New World Resources registered a net loss of €80 million, compared to a net profit of ...
Tags: New World Resources, Net Loss
Reportedly, Eurofer predicted the European steel market was no sign of recovery in 2013. According to Mr. Wolfgang Eder, ceo of Voestalpine, the president of the European steelmakers' association Eurofer, the steel demand was not a great ...
Tags: Steel Market, Steel
The pressures placed by European Union (EU) climate policies on the European steel industry to reach ever more ambitious CO2 reduction targets and the absence of technologies to achieve such targets were among the issues discussed during ...
Tags: European Steel, Mineral
Germany-based steelmaker ThyssenKrupp has announced its financial results for the first half ended March 31 of the financial year 2012-13, registering a net loss of €822 million, mainly due to the impairment charge of €683 million ...
Tags: Thyssenkrupp, steelmaker, steel
Germany-based steelmaker Salzgitter Group has issued its financial results data for the first quarter of the current year, stating that the performance of the company was overshadowed by persistently unfavorable general economic conditions ...
Tags: Salzgitter, Loss, Steel
German steelmaker Salzgitter has announced an adjustment of its guidance for the current year, now expecting a pre-tax loss for the year due to higher raw material and energy costs. Salzgitter also said that the anticipated seasonal upturn ...
Tags: Salzgitter, Raw Material
According to the Economic and Steel Market Outlook 2013-2014/Q2 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in the first quarter of the current year construction activity in the EU is estimated to ...
Tags: Construction Output, Mineral
Duisburg, Germany-based steel and metal distribution company, Klockner & Co., has reported a net loss of €16 million for the first quarter of the current year, compared to the net loss of €12 million in the corresponding quarter ...
Tags: Ebitda Guidance, Mineral
The European Commission (EC) has announced that it has decided to impose a provisional antidumping (AD) and countervailing duty (CVD) on stainless steel wire imports from India. The provisional antidumping duties for Indian ...
According to the Economic and Steel Market Outlook 2013-2014/Q2 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in 2012 EU steel imports fell sharply though the decrease rate was slower during the last ...
Tags: Steel, Steel Imports