European

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More European hot-rolled coil (HRC) producers have lifted offers, but increases are expected to solidify after Christmas as most buyers have covered their requirements for January.
News ID: 7756    Publish Date : 2019/12/03

Iranian Deputy Foreign Minister for Political Affairs Abbas Araqchi said the country will change its approach if other parties to the 2015 nuclear deal between Tehran and world powers continue to fail to meet their commitments.
News ID: 7627    Publish Date : 2019/11/29

The Russian gas industry has long been portrayed by means of predictable and dated clichés.
News ID: 7622    Publish Date : 2019/11/29

The northwest European hot-rolled coil (HRC) market is slowly starting to follow the lead set by Italian prices, while the latter have paused given constant increases in import offers.
News ID: 7551    Publish Date : 2019/11/25

Global recycling group Sims Metal Management has agreed to sell its European compliance scheme-oriented recycling operations to Germany-based TSR Recycling, it said today.
News ID: 7549    Publish Date : 2019/11/25

German auto producer BMW has awarded a 2.9bn euro ($3.21bn) contract to supply battery cells for its next wave of electric vehicles (EVs), locking in components needed for its future expansion.
News ID: 7513    Publish Date : 2019/11/22

Northwest European steelmakers are hiking their hot-rolled coil (HRC) offers in response to strengthening Italian prices, and to use as leverage in fraught contractual negotiations.
News ID: 7489    Publish Date : 2019/11/15

Domestic Italian hot-rolled coil (HRC) prices continued to firm today, spurred further by yesterday's news that steelmaker ArcelorMittal will ramp down all its Ilva blast furnaces by 15 January.
News ID: 7488    Publish Date : 2019/11/15

The European steel market continues to be affected by uncertainty over the future of global steelmaker ArcelorMittal's Taranto plant in Italy, after the company denied claims that it will continue to operate the former Ilva operations until May.
News ID: 7460    Publish Date : 2019/11/14

A senior member of the presiding board of Iran Airports Company underscored that the US has failed in crippling Iran's air industry through pressures and sanctions.
News ID: 7396    Publish Date : 2019/11/12

According to a recent report, Hindalco’s US-based subsidiary Novelis is expected to close the deal of the acquisition of Aleris Corporation by January 21, 2020. But currently the company is facing an anti-trust lawsuit in the US over its proposed $2.58 billion purchase of Aleris.
News ID: 7388    Publish Date : 2019/11/12

SteelMint learned from market participants that a flurry of new fresh deep sea cargo bookings have concluded recently at increased prices, as the tightness in supply and hike in collection prices with winters approaching, is ensuring the continued rise in global offers since last 4 weeks, with the market expecting further correction in coming weeks.
News ID: 7354    Publish Date : 2019/11/05

European hot-rolled coil (HRC) prices diverged today, as expectations of a rebound in the south failed to follow the usual trend of affecting prices in the north.
News ID: 7317    Publish Date : 2019/11/08

This week Iranian billet export market remained slow amid semi holiday week, on account of Martyrdom of Imam Reza. However, billet export offers from the country increased marginally towards end of the last week. SteelMint assessment for Iranian billet are standing at USD 350-355/MT, FoB Iran, up USD 5/MT against last week.
News ID: 7308    Publish Date : 2019/10/31

SteelMint learned from market participants that after remaining stable for around a week, Turkish imported scrap prices have inched up marginally in a recent deep-sea bulk booking being concluded yesterday. After observing a sharp rebound in prices during the first 3 weeks of October’19 amid numerous bookings witnessed, the prices have mostly remained stable in the last week.
News ID: 7305    Publish Date : 2019/10/31

Iran’s recent move to further suspend its nuclear commitments following European parties’ failure to honor their obligations fit within the country’s rights under paragraph 36 of the 2015 nuclear between Tehran and world powers.
News ID: 7296    Publish Date : 2019/11/06

London, 5 November (Argus) ? ArcelorMittal is preparing to hot idle its Taranto plant in Italy and is not accepting any more orders at the facility, instead fulfilling them at other group mills in Germany and elsewhere, buyers said today.
News ID: 7222    Publish Date : 2019/11/05

The news of bankruptcies in the German foundry industry are accumulating in recent weeks. For us at Foundry-Planet, a rather unpleasant topic to report about. So, what is going on?
News ID: 7078    Publish Date : 2019/10/31

The Italian hot-rolled coil (HRC) market softened further today, as mills looked to sell rollings ahead of the year-end.
News ID: 7030    Publish Date : 2019/10/30

Ukrainian steelmaker Metinvest does not expect global steel markets to recover until at least the second half of next year, chief executive Yuriy Ryzhenkov told Argus today on the sidelines of the European Steel Conference convened by World Steel Dynamics in Milan.
News ID: 7021    Publish Date : 2019/10/30

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