SMS group and Lamina y Placa Comercial S.A de C.V, part of the Villacero Group, successfully completed the hot commissioning of the revamped galvanizing line in Apodaca, Mexico. For the…
European steel market in panic mode
European steelmakers continue to raise their prices for new transactions on almost a daily basis. Buyers complain of offers being made by suppliers and withdrawn soon afterwards. Mills are maintaining…
Big River Steel Successfully Commissions Expansion of SMS Group Supplied Steel Mill
U.S. steel producer Big River Steel has successfully commissioned the second construction stage of its steel plant in Osceola, Arkansas, supplied by SMS group. Also for the mill expansion, which…
Steel import tariffs and CO2 border taxes: protectionism or encouragement?
Since late 2019, the European Commission has been considering the introduction of a CO2 border tax, covering all industrial sectors. At first glance, this has the appearance of another protectionist…
Tosyali orders EAF Quantum Electric Arc Furnace, secondary metallurgy and continuous slab caster from Primetals Technologies
EAF Quantum is designed to produce two million metric tons of liquid steel per year and may be operated with a mixture of scrap of varying composition and HBI Low…
Vaccine news boosts European stainless steel market
As we head into the final few weeks of 2020 the European stainless steel market is turning its attention to what the new year will bring. The second round of…
Fears of supply shortage grow in US stainless market
The short-term outlook for the US stainless steel sector is cautiously optimistic. Many market participants reported a flurry of activity ahead of the Thanksgiving holidays. Demand from the automotive and…
US steel prices – the sky’s the limit?
US buyers are taking a break from the current dizzying surge in steel prices, but as they tuck into their Thanksgiving meals, many will be wondering what awaits them on…
Demand in Poland dictated by coronavirus second wave
The economic recovery in Poland continues to stutter. The IHS Markit Poland Manufacturing PMI remained unchanged for October, indicating that growth is lacking momentum. There is no doubt that consumer…
A tale of two products: as plate struggles, coil surges
Stark contrasts are currently being witnessed between the markets for steel plate and coil. While the former is grappling with weak consumption and overcapacity, the latter is flourishing amid brisk…