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European Steel industry welcomes commitment to safeguard global competitiveness of the industry

The European Parliament’s Environment Committee has adopted changes to the Commission proposal for a Market Stability Reserve (MSR). The committee introduced an earlier implementation already in 2018 instead of 2021 and immediately refers 900 million allowances into the Reserve. In ...

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Italian Steel Market: What trend to expect this September?

After a few weeks of rumours, the beginning of September has seen Italian steel producers follow their North European counterparts and announce increases to coil prices, said The Steel Index. New offer levels for HR coil from Italian mills are ...

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North European Steel prices remain under negative pressure so far in July

MEPS research reveals that strip mill product selling values have decreased, across the Nordic region, in euro terms, so far in July.    Consequently, mill profit margins have been squeezed. Demand for hot rolled coil remained stable at a low ...

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