SteelOrbis - Steel News: European Union Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2014-09-21T02:37:03Z SteelOrbis 2014-09-21T02:37:03Z en Moody’s expects improvements in European steelmakers’ profitability 2014-09-19T08:10:25Z 2014-09-19T08:10:25Z Moody’s has announced that the outlook for the European steel industry will remain stable until 2015, despite anticipated profitability improvements. 2014-09-19T08:10:25Z Northern Iron subsidiary amends iron ore offtake agreement 2014-09-18T14:40:05Z 2014-09-18T14:40:05Z Northern Iron's subsidiary Sydvaranger has amended its offtake agreement with its largest customer regarding the supply of iron ore concentrate. 2014-09-18T14:40:05Z Tata Steel opens new finishing line for automotive steel 2014-09-18T10:51:11Z 2014-09-18T10:51:11Z Tata Steel has opened a new finishing line at its IJmuiden steelworks to strengthen the supply of high-value steels to the automotive sector. 2014-09-18T10:51:11Z Gordon Moffat to step down as EUROFER director general at end of Sept 2014-09-18T08:42:39Z 2014-09-18T08:42:39Z EUROFER director general Gordon Moffat is stepping down at the end of September after 27 years with EUROFER. 2014-09-18T08:42:39Z EU new car registrations up six percent in Jan-Aug 2014-09-17T13:51:12Z 2014-09-17T13:51:12Z In the January-August period of the current year, new car registrations totaled 8,336,159 units in the EU, with an increase of 6% year on year. 2014-09-17T13:51:12Z Euro area annual inflation stable at 0.4 percent in August 2014-09-17T12:49:47Z 2014-09-17T12:49:47Z Annual inflation in the euro area was 0.4 percent in August this year, unchanged compared to July. 2014-09-17T12:49:47Z EU-28 construction output up 0.6 percent in July 2014-09-17T12:44:59Z 2014-09-17T12:44:59Z In July this year the seasonally-adjusted production of the construction sector in the EU-28 was up 0.6 percent compared to the same month of 2013. 2014-09-17T12:44:59Z Outokumpu to supply CR stainless plates for Baosteel buildings 2014-09-17T12:21:37Z 2014-09-17T12:21:37Z SKS, a JV between Outokumpu and Baosteel, is delivering over 800 mt of high-quality CR stainless steel plate for two Baosteel offices in China. 2014-09-17T12:21:37Z JSW Steel offers less than $100 million for Lucchini 2014-09-16T14:58:02Z 2014-09-16T14:58:02Z Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy Italy's Lucchini 2014-09-16T14:58:02Z Euro area industrial output up one percent in July over June 2014-09-16T14:12:44Z 2014-09-16T14:12:44Z In July, seasonally-adjusted industrial production increased by one percent in the euro area and by 0.7 percent in the EU-28 as compared with June. 2014-09-16T14:12:44Z Dannemora introduces measures amid financing difficulties 2014-09-16T14:01:05Z 2014-09-16T14:01:05Z Dannemora Mineral has ceased its normal activities of drilling and construction of tunnels for future mining. 2014-09-16T14:01:05Z EU scrap indexes up slightly in August from July 2014-09-15T12:16:17Z 2014-09-15T12:16:17Z Local scrap prices in the European Union (EU) in August indicated only very slight increases compared to the previous month. 2014-09-15T12:16:17Z JSW Steel presents new binding offer for acquisition of Lucchini 2014-09-12T14:42:36Z 2014-09-12T14:42:36Z Italian steelmaker Lucchini informed SteelOrbis that it has received a new binding offer from JSW Steel for its core assets in Piombino. 2014-09-12T14:42:36Z NLMK DanSteel supplies plates for offshore wind turbines 2014-09-11T14:22:24Z 2014-09-11T14:22:24Z Denmark-based NLMK DanSteel has supplied 200 mt of plates for the construction of experimental foundations for offshore wind turbines. 2014-09-11T14:22:24Z SMS Siemag revamps ThyssenKrupp’s second 400-ton converter 2014-09-11T12:49:54Z 2014-09-11T12:49:54Z SMS Siemag has announced that it has completed the reconstruction of ThyssenKrupp’s second 400-ton converter at the Duisburg-Bruckhausen Works. 2014-09-11T12:49:54Z Vallourec wins welded tube order for Edradour project in UK 2014-09-11T12:48:20Z 2014-09-11T12:48:20Z Vallourec will deliver super duplex welded tubes for Edradour gas project in the UK from its plant located in Burgundy, France. 2014-09-11T12:48:20Z Italy's crude steel output down 1.5 percent in July 2014-09-10T09:11:44Z 2014-09-10T09:11:44Z In July this year, Italian crude steel output decreased by 1.5 percent year on year to 2.075 million metric tons. 2014-09-10T09:11:44Z JSW Steel chairman in talks on possible investment in Lucchini 2014-09-09T14:45:32Z 2014-09-09T14:45:32Z Matteo Renzi, Italian prime minister, and Enrico Rossi, president of Tuscany, held talks at the weekend with JSW Steel chairman Sajjan Jindal. 2014-09-09T14:45:32Z JSW Steel expresses interest in purchase of Ilva steel plant in Italy 2014-09-05T15:10:42Z 2014-09-05T15:10:42Z JSW Steel is considering buying the Taranto-based Ilva steel plant in Italy, according to union sources and the Italian newspaper Il Sole 24 Ore. 2014-09-05T15:10:42Z Lucchini RS to acquire shares in Italian car parts manufacturer 2014-09-05T13:58:24Z 2014-09-05T13:58:24Z Railway wheel manufacturer Lucchini RS has signed a preliminary agreement to acquire a 49% stake in Italy-based car parts manufacturer Mamé Group. 2014-09-05T13:58:24Z Euro area GDP up 0.7 percent in Q2 2014-09-05T13:28:22Z 2014-09-05T13:28:22Z Compared with the same quarter of 2013, in the second quarter this year seasonally adjusted GDP increased by 0.7 percent in the euro area. 2014-09-05T13:28:22Z EU initiates expiry review for Chinese steel pipe fittings 2014-09-04T12:12:34Z 2014-09-04T12:12:34Z The European Commission has initiated an expiry review of the antidumping duty on certain iron ore steel tube and pipe fittings imports from China. 2014-09-04T12:12:34Z Federacciai president expresses concerns about Ilva ending up in foreign hands 2014-09-04T07:57:21Z 2014-09-04T07:57:21Z Antonio Gozzi, president of Italian steelmakers association Federacciai: "I am very worried about Ilva ending up in foreign hands." 2014-09-04T07:57:21Z JSW Steel in final stages of talks for acquisition of Lucchini assets 2014-09-02T14:56:24Z 2014-09-02T14:56:24Z JSW Steel and Lucchini are working at present to define a new proposal by Jindal to purchase the assets owned by the Italian company. 2014-09-02T14:56:24Z Euro area industrial producer prices down 0.1% in July over June 2014-09-02T14:36:24Z 2014-09-02T14:36:24Z According to the report released by Eurostat, in July this year industrial producer prices declined by 0.1 percent in the euro area 2014-09-02T14:36:24Z EU-28 unemployment rate down to 10.2 percent in July 2014-08-29T12:52:41Z 2014-08-29T12:52:41Z In July of the current year the seasonally adjusted unemployment rate in the European Union member states (EU-28) was 10.2 percent. 2014-08-29T12:52:41Z Euro area annual inflation in August down to 0.3 percent 2014-08-29T12:01:50Z 2014-08-29T12:01:50Z Annual inflation in the euro area is expected to be 0.3 percent for August, according to flash estimates released by Eurostat. 2014-08-29T12:01:50Z Saarstahl subsidiary invests in new surface treatment line 2014-08-26T14:46:26Z 2014-08-26T14:46:26Z Drahtwerk St. Ingbert GmbH (DWI) has constructed a new pickling line for wire surface treatment. 2014-08-26T14:46:26Z ArcelorMittal invest $267 million in Duisburg site in past four years 2014-08-22T11:23:07Z 2014-08-22T11:23:07Z ArcelorMittal has invested around $267 million in the past 4 years in its Duisburg site, Germany, of which $180 million was spent on a wire rod mill. 2014-08-22T11:23:07Z NWR’s net loss narrows sharply in H1 2014-08-22T08:32:14Z 2014-08-22T08:32:14Z In the first six months, New World Resources registered a net loss of €57 million, compared to a net loss of €400 million in H1 2013. 2014-08-22T08:32:14Z