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Steel: Germany’s decarbonisation under pressure due to weak economy
According to Martin Theuringer, CEO of the German steel association WV Stahl, the decarbonisation path of steel production in Europe's largest producer is threatened by the country's prolonged recession, despite the imminent publication of a definition of lower-carbon...
HRC steel: prices near rock bottom
According to most market participants, HRC coils prices in Italy and the rest of Europe appear to be close to a stabilisation level. Despite a slight increase in demand from end users over the past two weeks - both due to low inventories and lower prices - demand from...
Stainless Steel: World Production to Rise in 2023
In 2023, global stainless steel production rose by 4.6 per cent year-on-year to 58.4 million tonnes. In 2022, the balance had stood at 55.26 million; in 2021, 58.3 million had been produced. It was therefore back to the levels of the post-Covid rebound last year. Area...
Steel: Turkish CRC imports fell by 30.2 per cent in January-February
In February this year, Turkish imports of cold-rolled coils (CRC) increased by 11.4 per cent month-on-month and decreased by 18.8 per cent year-on-year to 46,547 tonnes, according to data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of...