Corinth, ArcelorMittal extend cooperation to include XCarb Corinth Pipeworks has strengthened its long-standing collaboration with ArcelorMittal in a shared commitment to sustainable steel solutions for the evolving energy sector, Kallanish hears from ArcelorMittal. Corinth will now also be using XCarb, ArcelorMittal’s low carbon-emissions steel, in its production of energy pipe, the companies announced at the Wire + Tube Fair in Düsseldorf last … The post Corinth, ArcelorMittal extend cooperation to include XCarb first appeared on EUROMETAL.

#LatestUpdates Corinth, ArcelorMittal extend cooperation to include XCarb

EU assigns new Chinese tinplate exporter 24.6% duty The European Commission has amended anti-dumping measures on Chinese tinplate imports, granting new exporting producer status to Linqing Hengtai Metal Materials. The company will now face a 24.6% duty, in line with cooperating non-sampled exporters, after proving it did not export during the original investigation period, is not linked to existing exporters, and began shipments … The post EU assigns new Chinese tinplate exporter 24.6% duty first appeared on EUROMETAL.

#LatestUpdates EU assigns new Chinese tinplate exporter 24.6% duty

NW Europe rebar market anticipates price hike Northwestern European mills are gearing up for another rebar price hike but have yet to announce it. Unlike most Italian rebar makers, the northwestern mills are still withholding announcements, using last week’s Wire + Tube trade fair in Düsseldorf as orientation for the next step, observers say. “My last base price offer was still €400/tonne … The post NW Europe rebar market anticipates price hike first appeared on EUROMETAL.

#LatestUpdates NW Europe rebar market anticipates price hike

European coil and green steel round-up: EU coil buyers secure discounts to fill mill production lines More deals for domestic hot-rolled coil (HRC) in Northwest Europe were settled at lower prices in the week to 17 April as some steelmakers need to fill their production lines.  Contrary to earlier market expectations that European mills would increase offers during the Dusseldorf Tube & Wire trade fair held on 13-17 April, target prices … The post European coil and green steel round-up: EU coil buyers secure discounts to fill mill production lines first appeared on EUROMETAL.

#LatestUpdates European coil and green steel round-up: EU coil buyers secure discounts to fill mill production lines

Event Insight: Tube and Wire Trade Fair 2026, Dusseldorf McCloskey was on the ground with steel industry participants at the Tube and Wire Trade Fair in Dusseldorf, April 13-17, navigating the climate of uncertainty currently plaguing the European steel market. The rules of the European steel market are being actively re-written – from the incoming intensification of the EU’s steel trade quotas (half the … The post Event Insight: Tube and Wire Trade Fair 2026, Dusseldorf first appeared on EUROMETAL.

#LatestUpdates Event Insight: Tube and Wire Trade Fair 2026, Dusseldorf

EU initiates expiry review on welded pipe from three countries The European Commission has announced the initiation of an expiry review of the antidumping duties on imports of certain welded tubes and pipes of iron or non-alloyed steel from Belarus, China and Russia. Accordingly, the EC decided to launch the review after the European Steel Tube Association had submitted a request for a review on … The post EU initiates expiry review on welded pipe from three countries first appeared on EUROMETAL.

#LatestUpdates EU initiates expiry review on welded pipe from three countries

Over 350 companies back EUROMETAL call to protect Europe’s steel industry A broad coalition of European steel producers, distributors, processors and downstream manufacturers is urging the European Commission and EU member states to take immediate action to protect the continent’s steel and metals value chain from what it describes as an accelerating process of deindustrialisation. The call-to-action, coordinated by EUROMETAL and supported by more than 350 … The post Over 350 companies back EUROMETAL call to protect Europe’s steel industry first appeared on EUROMETAL.

#LatestUpdates Over 350 companies back EUROMETAL call to protect Europe’s steel industry

Viohalco’s steel segment profitability doubled in 2025 Belgium-based industrial and metals group Viohalco delivered a strong performance in its steel segment during the 2025 financial year, despite challenging macroeconomic conditions in the European steel market and high energy costs. The company significantly increased its profitability through a shift toward value-added products and steps to improve operational efficiency. The group’s steel segment revenues … The post Viohalco’s steel segment profitability doubled in 2025 first appeared on EUROMETAL.

#LatestUpdates Viohalco’s steel segment profitability doubled in 2025

EU approves €3.8 billion Germany aid scheme for energy-intensive industries The European Commission has announced that it has approved a €3.8 billion state aid scheme for Germany aimed at supporting energy-intensive industries through temporary electricity price relief. The measures fall under the Clean Industrial Deal State Aid Framework and are designed to address rising energy costs while supporting decarbonization. Focus on competitiveness and carbon transition … The post EU approves €3.8 billion Germany aid scheme for energy-intensive industries first appeared on EUROMETAL.

#LatestUpdates EU approves €3.8 billion Germany aid scheme for energy-intensive industries

Stegra joins the European Resilience Alliance for clean hydrogen Stegra announced that it has joined the European Resilience Alliance (ERA) for Clean Hydrogen and its Derivatives, aiming to contribute to the decarbonization of European industry through investments in renewable and low-carbon hydrogen. The alliance aims to support the transformation of European industry by bringing together companies that invest in and commit to investing in … The post Stegra joins the European Resilience Alliance for clean hydrogen first appeared on EUROMETAL.

#LatestUpdates Stegra joins the European Resilience Alliance for clean hydrogen

EU carbon to reach €185 by 2035: BNEF European carbon prices traded under the ETS scheme are expected to quickly rise to up to €185/tonne ($218/t) in 2035, according to BloombergNEF estimates. As allowances are reduced, the EU ETS price is set to increase from €75/t in the first quarter to an average of €86/t for full-year 2026 and €142/t in 2031, BloombergNEF … The post EU carbon to reach €185 by 2035: BNEF first appeared on EUROMETAL.

#LatestUpdates EU carbon to reach €185 by 2035: BNEF

Marcegaglia signs deal for French steel plant to cut emissions Italian-headquartered Marcegaglia has signed a Eur450 million equipment supply agreement with steel plant making company Danieli for the new steelmaking and flat rolling facility in Fos sur Mer, France, as the Italian steel processor seeks to secure upstream supply and cut carbon emissions through scrap-based production. The Mistral Project, with total capital expenditure of around Eur1 … The post Marcegaglia signs deal for French steel plant to cut emissions first appeared on EUROMETAL.

#LatestUpdates Marcegaglia signs deal for French steel plant to cut emissions

UK auto industry urges EU to include Britain in trade policy The UK automotive industry is pressing the European Union to amend its proposed Industrial Accelerator Act to preserve an Eur80 billion ($94 billion) annual trade partnership that has flourished despite Brexit. The Society of Motor Manufacturers and Traders said excluding British-built vehicles from the EU’s “Made in Europe” policy would harm manufacturers on both sides of the … The post UK auto industry urges EU to include Britain in trade policy first appeared on EUROMETAL.

#LatestUpdates UK auto industry urges EU to include Britain in trade policy

Tibnor gets approval for Ovako acquisition Swedish steelmaker SSAB’s subsidiary Tibnor has received competition authority approval for its Eur40 million acquisition of Ovako Metals Oy Ab, the Finnish distribution arm of European steelmaker Ovako, clearing the way for completion of a deal that will strengthen Tibnor’s position in Finland’s engineering steel market. The transaction, first announced in December 2025, is expected … The post Tibnor gets approval for Ovako acquisition first appeared on EUROMETAL.

#LatestUpdates Tibnor gets approval for Ovako acquisition

WV Stahl: Regulation remains ineffective for the steel sector despite approval of EU industrial electricity prices The German Steel Federation (Wirtschaftsvereinigung Stahl) issued a statement regarding the European Commission’s approval of Germany’s industrial electricity price proposal. In the statement, it was noted that the decision is seen as an important step forward, but that the current regulation will not be effective in practice for the energy-intensive steel industry. Wirtschaftsvereinigung Stahl CEO … The post WV Stahl: Regulation remains ineffective for the steel sector despite approval of EU industrial electricity prices first appeared on EUROMETAL.

#LatestUpdates WV Stahl: Regulation remains ineffective for the steel sector despite approval of EU industrial electricity prices

German Steel Federation welcomes new EU trade defense instrument, calls for further measures The German Steel Federation (WV Stahl) has stated that it has welcomed the agreement between EU institutions on a new, significantly strengthened trade defense instrument for steel imports, describing it as a key step to protect the German and European steel industry. The Council of the European Union and the European Parliament reached a provisional … The post German Steel Federation welcomes new EU trade defense instrument, calls for further measures first appeared on EUROMETAL.

#LatestUpdates German Steel Federation welcomes new EU trade defense instrument, calls for further measures

IMF cuts global growth outlook for 2026 as geopolitical risks intensify The International Monetary Fund (IMF) has revised its global growth outlook forecast for 2026 and 2027 in its April 2026 World Economic Outlook report, projecting global growth at 3.1 percent in 2026, down from previous expectations, before a modest recovery to 3.2 percent in 2027. The revision reflects increasing uncertainty driven by the Middle East … The post IMF cuts global growth outlook for 2026 as geopolitical risks intensify first appeared on EUROMETAL.

#LatestUpdates IMF cuts global growth outlook for 2026 as geopolitical risks intensify

ASSOFERMET calls for urgent measures for the European steel and metals industry ASSOFERMET, the Italian Association of Metals, Scrap, Iron and Steel Trading and Processing Companies, has issued a comprehensive press release on the European steel and metals industry within the scope of the “Protect the European Steel and Metals Sector” initiative launched under the leadership of EUROMETAL. ASSOFERMET stated that, within the framework of the initiative … The post ASSOFERMET calls for urgent measures for the European steel and metals industry first appeared on EUROMETAL.

#LatestUpdates ASSOFERMET calls for urgent measures for the European steel and metals industry

Northern European HRC prices edge down on discounted Q2 sales; July offers firm, supported by trade regime Steel hot-rolled coil (HRC) prices in Northern Europe inched downward on Thursday as some suppliers sold the last tonnages of the second-quarter delivery volumes at a discount; near-term sentiment remained firm, driven by the imminent new trade regime, Fastmarkets heard on Thursday April 16. Fastmarkets’ daily steel hot-rolled coil index domestic, exw Northern Europe was … The post Northern European HRC prices edge down on discounted Q2 sales; July offers firm, supported by trade regime first appeared on EUROMETAL.

#LatestUpdates Northern European HRC prices edge down on discounted Q2 sales; July offers firm, supported by trade regime

European CRC, HDG prices decline amid weak demand; cautious buyers European domestic cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) prices decreased in the week to Wednesday April 15, with reports of subdued trading activity as buyers resisted higher prices from mills, Fastmarkets heard. The downward movement followed a recent upward momentum observed in European domestic flat steel coils, supported by tighter import availability as … The post European CRC, HDG prices decline amid weak demand; cautious buyers first appeared on EUROMETAL.

#LatestUpdates European CRC, HDG prices decline amid weak demand; cautious buyers

Norway’s Blastr ready to reboot steelmaking at dormant UK EAF plant Norwegian steel startup company Blastr was understood to be the preferred bidder for the previously Liberty-owned Speciality Steel UK (SSUK), which includes sites at Rotherham and Stocksbridge, Fastmarkets heard on Thursday April 16. UK industry representatives were hopeful that the chosen bidder will eventually restart steelmaking at the electric-arc furnace (EAF) unit in Rotherham, South … The post Norway’s Blastr ready to reboot steelmaking at dormant UK EAF plant first appeared on EUROMETAL.

#LatestUpdates Norway’s Blastr ready to reboot steelmaking at dormant UK EAF plant

European steel rebar producers continue price push, but regional uptake uneven European steel rebar producers continued to seek higher prices in the domestic markets amid rising costs and tightening import activity in the week to Wednesday April 15, but regional acceptance was uneven, trade sources told Fastmarkets. n Germany and France, new rebar offers were heard at €700 ($824) per tonne delivered. Most recent estimates of … The post European steel rebar producers continue price push, but regional uptake uneven first appeared on EUROMETAL.

#LatestUpdates European steel rebar producers continue price push, but regional uptake uneven

EUROMETAL urges EU to extend steel safeguard measures to downstream products European steel distributors, processors and manufacturers have called for urgent EU action to extend existing steel safeguard measures to downstream steel-based products, warning that the region risks rapid deindustrialization without immediate policy intervention, SteelOrbis heard at the press conference on April 14 organized by EUROMETAL at the Wire & Tube 2026 fair in Dusseldorf. Speaking … The post EUROMETAL urges EU to extend steel safeguard measures to downstream products first appeared on EUROMETAL.

#LatestUpdates EUROMETAL urges EU to extend steel safeguard measures to downstream products

The Eurozone and the EU recorded an increase in industrial production in February According to data released by Eurostat, industrial production adjusted for seasonal effects increased by 0.4% in February compared to the previous month in both the Eurozone and the European Union. In contrast, on an annual basis, industrial production declined. In February, output fell by 0.6% in the Eurozone and by 0.1% across the European Union … The post The Eurozone and the EU recorded an increase in industrial production in February first appeared on EUROMETAL.

#LatestUpdates The Eurozone and the EU recorded an increase in industrial production in February

NASS announces closure after 98 years of activity The National Association of Steel Stockholders (NASS) has announced that it will cease operations in its current format, bringing to a close nearly a century of activity representing the UK steel stockholding and service centre sector. Founded in 1927, NASS has played a longstanding role in supporting the UK steel distribution and processing industry. However, … The post NASS announces closure after 98 years of activity first appeared on EUROMETAL.

#LatestUpdates NASS announces closure after 98 years of activity

Re-rollers announce tube price increases at Tube trade show in Düsseldorf Some re-rollers are using the Tube and Wire trade show in Düsseldorf to implement price increases, as anticipated by sources. After initial hesitation over new quotes at the start of the week, sources at the event confirm that increases of €50/tonne ($58.93/t) have been announced by some companies. The tube makers operating on a discount … The post Re-rollers announce tube price increases at Tube trade show in Düsseldorf first appeared on EUROMETAL.

#LatestUpdates Re-rollers announce tube price increases at Tube trade show in Düsseldorf

Europeans should rethink alliances during challenging times European steel industry players are being confronted with a multitude of unprecedented risks, and therefore may want to rethink their alliances and the value of trusted partnerships, participants at the Wire & Tube trade fair in Düsseldorf have told Kallanish. The industry is being shaken by “exogenous shocks”, Ralf Winterfeld of German stainless distributors organisation EHV … The post Europeans should rethink alliances during challenging times first appeared on EUROMETAL.

#LatestUpdates Europeans should rethink alliances during challenging times

Trasteel targets Nasdaq listing with Sizzle II merger Steel trading and processing group Trasteel is going public through a merger with Sizzle Acquisition Corp. II, a Cayman Islands-based special purpose acquisition company listed on Nasdaq under the ticker Szzl, Kallanish notes. Trasteel and Sizzle II will form a new publicly listed holding company, called Pubco, subject to approval by shareholders of both entities and standard closing conditions. … The post Trasteel targets Nasdaq listing with Sizzle II merger first appeared on EUROMETAL.

#LatestUpdates Trasteel targets Nasdaq listing with Sizzle II merger

ETS needs revision, critical for energy independence The European Emissions Trading System (ETS) needs to be adapted to ensure the cost of decarbonisation can be borne by industry and security of supply is not jeopardised, according to a Euractiv panel discussion held in Brussels on Wednesday. “We must not give up the free allocation in ETS to sectors exposed to carbon leakage,” secretary of … The post ETS needs revision, critical for energy independence first appeared on EUROMETAL.

#LatestUpdates ETS needs revision, critical for energy independence

ArcelorMittal seeks full control of Italian CLN ArcelorMittal is seeking full control of ArcelorMittal CLN Distribuzione Italia (AMCLN), the Italian flat steel service centre joint venture it owns alongside CLN since 2015. The European Commission has published the merger notification in the Official Journal, opening a period for third-party observations, Kallanish notes. The transaction would give ArcelorMittal, which currently holds a minority stake in … The post ArcelorMittal seeks full control of Italian CLN first appeared on EUROMETAL.

#LatestUpdates ArcelorMittal seeks full control of Italian CLN