Deficitul de containere limitează importurile de oțel inoxidabil din UE
Costul transportului de containere din Asia în Europa a crescut semnificativ în ultimele luni. Acest lucru se întâmplă într-un moment în care cumpărătorii din oțel inoxidabil din UE se confruntă cu termene de livrare lungi și prețuri în creștere rapidă, de la producătorii locali.Cele mai afectate produse sunt CRC din seriile 300 si 400. În […]
Hyundai Steel has net loss in 2020
Hyundai Steel, a South Korea-based steel making company, reported that it had a net loss of 440 billion won in 2020, compared to a net loss of 26 billion won in the previous year. Due to weak demand from the automotive and shipbuilding industries, the prices and sales in the steel industry have been severely […]
Slovakia’s U.S. Steel Kosice restarts blast furnace No.3.
According to reports, Slovakia’s U.S. Steel Kosice restarted the No. 3 blast furnace to meet customer demand. All three blast furnaces of the company had resumed operation at present. Jan Baca, the spokesman at U.S. Steel Kosice, expressed that they had many issues related to the European steel market, but the cost of raw materials […]
Stainless steel cost remains high, supporting price to stay strong
According to the market views, the current output of ferronickel in China remained the decreasing trend, which caused the raw material’s prices to increase steadily. Based on that, the stainless steel prices faced strong support, also benefited by the low inventory level recently. By the market expectation, the stainless steel consumption demand from downstream would […]
Global increasing steel output may curb market prices
According to the announcement from JSW Steel, one of the largest steelmakers in India, the global increasing steel output might pressure the price increasing trend. In 2020, the strong Chinese domestic steel and iron ore demand has pushed the market price to a new high. Among them, the rebar and hot-rolled coil futures prices both […]
Eurometal urges EU to adjust steel safeguard measures
The European stockholders and traders association Eurometal recently urged Valdis Dombrovskis, EU’s new trade commissioner, to modify the steel safeguard measure in order to protect the steel industry amid surging steel prices. Eurometal indicated that it has to consider the price change in the past 18 months and some inventory status at the port at […]
Clarificarea situatiei relatiei comerciale cu Turcia
Ministerul Finanţelor va emite un proiect de Ordonanţă de Urgenţă prin care clarifică relaţiile comerciale cu Turcia, în sensul eliminării prevederii conform cãreia nu se deduc cheltuielile rezultate în urma unei tranzacţii dintre o persoană fizică sau juridică şi o alta dintr-un stat inclus în anexa II din Lista UE a jurisdicţiilor necooperante. „În vederea […]
Statele membre UE solicită CE să extindă măsurile de salvgardare la importurile de oțel
12 state membre ale UE au solicitat Comisiei Europene să extindă măsurile de salvgardare la importurile de oțel care urmează să expire la 30 iunie anul acesta, potrivit unei scrisori trimise oficialilor UE pe 26 ianuarie. Scrisoarea, a fost semnată de guvernele a 12 țări: Italia, Germania, Franța, Slovacia, Luxemburg, Finlanda, Ungaria, Polonia, Spania, Republica […]
Ukrainian steel pipe output faces decrease in 2020
According to the statistic, the total output of pipe in Ukraine showed a 16.4% year on year decrease in 2020, with around 854,000 tons of pipes. Among them, the total production of pipe in Ukraine last December was around 71,000 tons, counted as 8.3% of the total. By the view of the market, the main […]
EUROPE HRC: Buyers avoid new deals on expected price decrease
European buyers of hot-rolled coil have been holding back from making new deals due to the risks related to restocking ahead of an expected price decrease. Import offers have been fairly stable, although suppliers were also said to be keen to give discounts on firm bids. Nonetheless, offers on overseas coil remained high when compared […]