Spanish scrap, rebar prices seen falling

2023-04-10
Scrap prices in Spain are expected to fall after some volatility was reported in the domestic market before Easter. The correction in international values is pushing domestic prices down, with thes...

EC approves Marcegaglia’s Severstal Distribution acquisition

2023-04-07
The European Commission has approved Marcegaglia’s 100% acquisition of Latvia-based SIA Severstal Distribution from Russian parent Severstal.The Commission concluded that the proposed acquisition w...

Megasa buys French steel supplier SRD

2023-04-07
Spanish long steelmaker Megasa has made official the 100% acquisition of French steel supplier Societé Rouennaise de Déroulage (SRD) from investment company VH Asset Management, Kallanish notes.The...

New warehouse improves Tata Corby works’ stocking efficiency

2023-04-07
Tata Steel UK’s Corby works’ new 20,000 tonnes/year of tube capacity warehouse has reduced steel movements, and improved service quality and workplace safety, the firm says.The new £4 million ($5m)...

Steel industry can achieve Paris climate targets

2023-04-07
A viable investment case for near-zero emissions primary steel projects is within reach in Europe and North America, according to the latest report from the global Energy Transitions Commission (ET...

Wave energy instrumental to decarbonising steel, study finds

2023-04-07
Wave energy will play an instrumental role helping decarbonise the steel industry, by being used to create green hydrogen to make green steel, according to a study by CorPower Ocean, Instituto Supe...
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