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EU Steel market steady but the import threat still exists

Activity in the European market for flat products slowed a little, ahead of the Easter holidays in early April. However, many domestic mills have delivery lead times extending into the end of June or even July, thanks to improved export business on ...

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Disturbing trends in the European steel industry

European Union, the second largest steel consumer after China, has been facing decline in production of steel of 0.8% YoY in November although up by 1.5% MoM in October When compared to last year, steel production in the EU is ...

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EU tags Taiwan, China steel items

The EU has ordered its customs officials to register imports of stainless steel manufactured in Taiwan and China, underscoring the bloc’s threat to impose tariffs on shipments from both countries. The step is part of inquiries seeking to determine whether ...

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European steel market corrects on lower import levels

Price benchmark long and flat products ie rebar and HR posted major dip in Europe last week. Price of both items dipped in important countries in Europe including Germany, Italy and Turkey. However Spanish market was stable Domestic prices Rebar ...

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Eurofer foresees modest steel demand growth in 2015

Europe: According to the European steel association Eurofer, economic growth in the EU has remained soft so far this year, with a particularly disappointing Eurozone performance in the second quarter. Activity growth in steel-using sectors slowed sharply in the second quarter. ...

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