Category: Steel Price News

Southern European rebar leads the way thanks to healthy construction demand

Rebar transaction values increased by approximately €10 per tonne in southern Europe in August, with the UK experiencing a similar move, as prices rose moderately. Selling figures are expected to…

European HRC price increases supported by raw material costs and uncompetitive imports

Western European hot rolled coil prices increased in August, supported by high raw material costs and uncompetitive import offers. Trading activity is slow, as is traditional during the summer holiday…

Nordic market opinion divided over revised steel safeguarding measures

Amended safeguarding measures for the EU steel industry will be applied from July 1, 2020. These include new, country-specific quotas for hot rolled coil imports, and quarterly management of quota tonnages…

MMK and SMS Group Managed to Implement Targeted Commissioning Despite Extremely Difficult Conditions

In 2018, Magnitogorsk Iron & Steel Works (MMK), Russia, has awarded an order to SMS group covering the extensive modernization of the finishing mill mechanical equipment and the fundamental revamp…

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