European Union News

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Free Italian government places Acciaierie d’Italia into extraordinary administration

Free Italy’s Feralpi Group to meet construction sector’s carbon-reduced rebar demand

Free Romania’s Artrom Steel Tube to invest over €6 million this year to accelerate decarbonization

Free Italian crude steel production up 5.9 percent in January

Free UNESID: Spanish steel output decreases from November to December

Free EU economy growth expectations fall to 0.9% for 2024, pressure on inflation persists

Free Goldman Sachs: EU’s CBAM could significantly hit China’s steel exports

Free Acciaierie d’Italia moves towards extraordinary administration

Free Liberty Ostrava judged to be bankrupt, company claims otherwise

Free Thyssenkrupp launches hydrogen tender for DRI plant in Duisburg

Free Debates regarding extraordinary administration of Acciaierie d’Italia continue

Free Spain’s Celsa may divest several European mills

Free EUROFER: EU’s steel imports from Turkey down sharply in Jan-Nov

Free Czech-based Třinecké Železárny to invest over CZK 1.5 billion in decarbonization in 2024

Free Euro area industrial output up 2.6 percent in December from November

Free Romania’s Liberty Galati resumes production with restart of BF No.5

Free EUROFER: Recession in EU construction to continue in 2024

Free Swedish iron ore miner LKAB reports higher net profit in 2023

Free Italy’s Eusider acquires Profiltubi and OMV Ventura

Free Nippon Steel and Slovakian government hold talks on US Steel Košice’s future

Free Thyssenkrupp to start construction of DRI plant in Duisburg sooner than expected

Free Aperam returns to net profit in Q4

Free EUROFER: Tube output in EU expected to rise moderately in 2024

Free Sweden’s LKAB to combine ENERGIRON and HYBRIT technologies at DRI plant in Gällivare

Free Finland’s Outokumpu registers net loss in 2023

Free EUROFER expects marginal increase in EU auto output for 2024

Free France’s Vallourec to supply pipes for gas development project in North Sea

Free EC initiates review of steel import quotas

Free Voestalpine reports lower net profit for Q3 FY 2023-24

Free EUROFER: EU’s finished steel exports down 3% in Jan-Nov

Free EUROFER: Apparent steel consumption in EU set to recover in 2024

Free Vale to collaborate on Hydnum Steel’s green steel project in Spain

Free France’s steel product import value down 18.4 percent in Jan-Nov

Free ArcelorMittal posts lower net profit for 2023, demand outlook positive

Free France’s steel product export value down 23.2 percent in Jan-Nov

Free Assofermet: Italian steel market sees weaker demand and higher prices

Free Spain’s Sidenor acquires Miguel Martín to secure scrap supply

Free EUROFER: Lack of necessary support to decarbonization efforts may lead to deindustrialization

Free ArcelorMittal to receive funding for decarbonization projects at Bremen and Eisenhüttenstadt

Free Milan court rejects ArcelorMittal’s appeal against external administration of ADI

Free German steel regions call for extension of EU safeguard quotas

Free Spain’s Acerinox to acquire US-based alloy producer Haynes International

Free Acerinox workers strike at Los Barrios plant in southern Spain

Free France’s Vallourec expects 2023 EBITDA to exceed previous forecast

Free AFV Beltrame aims to invest 20 million € in Romanian plants within 2024

Free Italy’s AFV Beltrame Group acquires Idroelettriche Riunite S.p.A.

Free Tata Steel Netherlands restarts BF No.6 in IJmuiden

Free France’s metal industry output up 1.2 percent in Dec from Nov

Free Spain’s Hydnum Steel receives government support for green steel plant in Puertollano

Free EC approves €550 million in funds to decarbonize Italian hard-to-abate sectors


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