Loading
Steel: South-Eastern Europe production decreases in 2022
South Eastern Europe's (SEE) crude steel production decreased in 2022, according to the latest Worldsteel data. Regional production was 7.38 million tonnes, down 34.7 per cent year-on-year. In 2021, SEE production was 8.36m tonnes, up 37.5% year-on-year. Romania was...
EU construction production: EUROFER revises growth forecast downwards
According to the first-quarter Economy and Steel Markets Outlook 2023-2024/2023 report published by the European Association of Steel Producers (EUROFER), EU construction output increased by only 2 per cent in the third quarter of last year, after an increase of 6.5...
Latin American steel industry: Alacero predicts recovery
Alacero, the Latin American Steel Association, said that the recovery in the steel industry expected last year will be realised this year. Stating that factors such as the pandemic and Russia's invasion of Ukraine have delayed the recovery, Alacero said challenges...
Metal scrap: concerns about shipping costs in the Italian market persist
Assofermet, the association of Italian scrap, raw material and steel distributors, said that several trends were observed in the Italian scrap market in January, but the trend was generally flat. After the increase in offers in the first half of January, steel mills...