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EU reaches agreement to boost domestic supplies of key raw materials
The European Union (EU) has reached agreement on measures to become more self-sufficient in the key raw materials it needs to contribute to the clean energy transition. According to a post on social network X by Thierry Breton, the bloc's internal market commissioner,...
Stainless steel: Russian imports fell 5.2% month-on-month in October
Russia's stainless steel imports fell 5.2% month-on-month to 31,270 tonnes in October this year. Imports of hot-rolled stainless steel decreased 24.1% month-on-month, seamless pipe imports 20% month-on-month, long steel imports 15.4% month-on-month, welded pipe...
Metinvest and Danieli’s new plant could rise in Piombino
Metinvest and Danieli's new plant could be built in Piombino, in the region of Tuscany. The plant was previously planned in San Giorgio di Nogaro. If a final agreement can be reached in the next two to three months, construction of the new plant will begin in spring...
HRC steel: rising prices in the European market
On Monday, 13 November, trading in the European hot rolled coil market (HRC Hot Rolled Coils - Northern Europe) showed an increase of 0.90% to EUR 640 per tonne. Meanwhile, HRC for December-January deliveries was offered by producers in the region at EUR 680-700 per...