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. 2015-03-03T01:29:18Z SteelOrbis 2015-03-03T01:29:18Z en Tubacex posts growth in net profit for 2014 2015-02-27T12:55:54Z 2015-02-27T12:55:54Z Tubacex registered a net profit of €23.8 million in the given period, increasing by 58.2 percent year on year. 2015-02-27T12:55:54Z ArcelorMittal to supply heavy plates for offshore wind farm in Baltic Sea 2015-02-27T12:54:33Z 2015-02-27T12:54:33Z ArcelorMittal Asturias in Gijón will supply 23,000 mt of heavy plate for the Wikinger offshore wind farm in the Baltic Sea. 2015-02-27T12:54:33Z Possible distribution merger between Italy’s CLN Group and AMDS 2015-02-27T09:35:08Z 2015-02-27T09:35:08Z Market sources have hinted at a possible merger between ArcelorMittal Distribution Solutions (AMDS) and Italy’s CLN Group. 2015-02-27T09:35:08Z NWR’s revenues decline in 2014 due to lower prices 2015-02-25T14:27:10Z 2015-02-25T14:27:10Z In 2014, New World Resources registered a net loss of €21 million, compared to a net loss of €914 million in the previous year. 2015-02-25T14:27:10Z Euro area construction output down 3.5 percent in December 2015-02-20T15:44:06Z 2015-02-20T15:44:06Z In December 2014 the seasonally-adjusted production of the construction sector in the EU-28 decreased by 0.5 percent both compared to November 2015-02-20T15:44:06Z Italy's crude steel output down 11.3 percent in January 2015-02-19T09:43:15Z 2015-02-19T09:43:15Z In January this year, Italian crude steel output decreased by 11.3 percent year on year to 1.880 million metric tons. 2015-02-19T09:43:15Z EU new car registrations up 6.7 percent in January 2015-02-17T14:12:44Z 2015-02-17T14:12:44Z In January, new car registrations totaled almost 1 million units in EU, with an increase of 6.7 percent year on year. 2015-02-17T14:12:44Z JSW to restart coking coal supplies for ArcelorMittal Poland 2015-02-17T09:06:29Z 2015-02-17T09:06:29Z Polish coking coal miner JSW will resume coking coal supplies for ArcelorMittal Poland’s two steel mills in Krakow and Zdzieszowice. 2015-02-17T09:06:29Z Outokumpu’s net loss narrows down in 2014 2015-02-16T15:37:51Z 2015-02-16T15:37:51Z In 2014, Outokumpu registered a net loss of €439 million, declining from a net loss of €1 billion in the previous year. 2015-02-16T15:37:51Z Tubacex acquires seamless steel tube division in India 2015-02-16T10:29:39Z 2015-02-16T10:29:39Z Tubacex has reached an agreement with Indian company Prakash to acquire 68 percent of its seamless stainless steel tube division 2015-02-16T10:29:39Z Cancelation of South Stream project reduces EU tube output in Q4 2015-02-13T15:51:36Z 2015-02-13T15:51:36Z According to EURFOER, EU production of steel tubes is expected to rise by around one percent in 2015 and 1.5 percent in 2016. 2015-02-13T15:51:36Z Aperam posts net profit in 2014 2015-02-13T15:22:02Z 2015-02-13T15:22:02Z In 2014, Aperam registered a net profit of $95 million compared to a net loss of $100 million in 2013. 2015-02-13T15:22:02Z ThyssenKrupp swings to profit in December quarter 2015-02-13T13:21:55Z 2015-02-13T13:21:55Z In December quarter, ThyssenKrupp registered a net profit of €43 million, compared to a net loss of €70 million in Q1 of the previous financial year. 2015-02-13T13:21:55Z ArcelorMittal expects reduction in earnings for 2015 2015-02-13T10:28:22Z 2015-02-13T10:28:22Z In 2014, ArcelorMittal registered a net loss of $1.1 billion, down from a net loss of $2.54 billion in the previous year. 2015-02-13T10:28:22Z Tata Steel acquires three steel strip service centers in Nordic region 2015-02-12T12:23:42Z 2015-02-12T12:23:42Z Tata Steel will buy three steel strip service centers from Swedish specialty steel producer SSAB. 2015-02-12T12:23:42Z EU scrap price indexes increase in January from December level 2015-02-12T11:38:46Z 2015-02-12T11:38:46Z In January this year, local scrap prices in the European Union (EU) increased by 2-3 percent compared to the previous month. 2015-02-12T11:38:46Z EUROFER forecasts increase in real steel consumption in 2015 2015-02-10T10:29:07Z 2015-02-10T10:29:07Z Real steel consumption in the EU increased by one percent year on year in the third quarter of 2014 2015-02-10T10:29:07Z IREPAS: Strong supply pressure and aggressive offers in global long steel market 2015-02-09T12:30:13Z 2015-02-09T12:30:13Z The global long steel market has been under supply pressure with strong and aggressive offers in terms of volumes and prices since beginning of 2015 2015-02-09T12:30:13Z SSAB divests 50 percent share in Norway’s Norsk Stål 2015-02-06T14:59:42Z 2015-02-06T14:59:42Z SSAB has received approval from the European Commission to sell 50 percent of the shares in Norway-based Norsk Stål AS to Leif Hübert AS 2015-02-06T14:59:42Z EUROFER: EU economic fundamentals improve, uncertainties remain 2015-02-06T13:30:56Z 2015-02-06T13:30:56Z The EUROFER report points out that EU steel demand ended 2014 on a weak note mainly due to destocking. 2015-02-06T13:30:56Z Outotec’s order intake declines in 2014 2015-02-06T13:28:46Z 2015-02-06T13:28:46Z In 2014, Outotec's operating profit decreased by 92.6 percent to €10.4 million compared to 2013. 2015-02-06T13:28:46Z France's steel product export value up 3.2% in 2014 2015-02-06T09:33:50Z 2015-02-06T09:33:50Z In 2014 France's basic steel product and ferroalloy exports amounted to a value of €9.44 billion, increasing by 3.2 percent year on year. 2015-02-06T09:33:50Z SSAB to lay off 210 employees in Sweden, shift production to Finland 2015-02-03T10:27:26Z 2015-02-03T10:27:26Z SSAB will lay off 210 employees at its production site in Borlänge, due to the company’s proposal to close the galvanizing and color-coating lines. 2015-02-03T10:27:26Z Anglo American posts increased iron ore output for Q4 2015-01-28T12:32:35Z 2015-01-28T12:32:35Z In Q4, iron ore production from Kumba Iron Ore increased by 10 percent year on year to 12.4 million mt. 2015-01-28T12:32:35Z Tata Steel commissions new heavy-gauge decoiler in Wales 2015-01-20T16:06:35Z 2015-01-20T16:06:35Z Tata Steel has commissioned a new £11 million heavy-gauge decoiler in Llanwern, South Wales. 2015-01-20T16:06:35Z German steel industry expects moderate recovery in 2015 2015-01-19T13:34:30Z 2015-01-19T13:34:30Z German steel federation expects a moderate recovery of Germany’s steel production in 2015 based on the moderate upward trend in orders. 2015-01-19T13:34:30Z Ferrexpo sees lower sales revenue in January-September 2015-01-19T12:30:36Z 2015-01-19T12:30:36Z In Jan-Sept 2014, Ferrexpo's profit before tax decreased by 5.7 percent to $199 million compared to the same period of the previous year. 2015-01-19T12:30:36Z EU new car registrations rise by 5.7 percent in 2014 2015-01-16T14:24:24Z 2015-01-16T14:24:24Z In 2014, new car registrations totaled 12,550,771 units in the European Union (EU), with an increase of 5.7 percent year on year. 2015-01-16T14:24:24Z EU scrap price indexes stable in Dec compared to Nov level 2015-01-15T07:51:59Z 2015-01-15T07:51:59Z Local scrap prices in the European Union (EU) in December last year did not indicate any variations compared to the previous month. 2015-01-15T07:51:59Z EUROFER views China’s export tax rebate removal as insufficient 2015-01-14T14:50:11Z 2015-01-14T14:50:11Z EUROFER commented on China's removal of export tax rebate for boron-added steel products. 2015-01-14T14:50:11Z