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Europe News

16Aug
Russia machinery, construction consumption offset energy decline: Severstal

Severstal is observing positive trends in nearly every steel consuming segment in Russia. This includes a …

16Aug
EU carmakers hammer components suppliers after steel drops

Steel-based automotive components suppliers say they are suffering in ongoing contract negotiations with carmakers, which are …

16Aug
GMH Gruppe buys scrap company in Saarland

Germany’s GMH (Georgsmarienhütte) Gruppe is set to acquire ALBA Metall Saar GmbH, a scrap and metal …

15Aug
Severstal upgrades furnace for heavy plate production

Russian steelmaker Severstal has completed a major overhaul of methodical furnace No. 1 for the production …

15Aug
Swiss Steel’s SBQ prices down, along with costs

After an already weak second half-year 2023, demand for Swiss Steel’s special bar quality products remained …

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