Several EUROMETAL members took the stage last week at the Global Flat Steel 2025 conference, organised by Kallanish in Istanbul. Held at a time of deep structural shifts in the steel sector, the conference brought together leaders from across the world to discuss how the flat steel market is navigating demand volatility, rising protectionism, and … The post 3 EUROMETAL Board Members at Global Flat Steel 2025 in Istanbul first appeared on EUROMETAL.

Thyssenkrupp Electrical Steel, a subsidiary of German steelmaker thyssenkrupp, has halted production at its Gelsenkirchen plant for one week amid growing market pressure from low-priced Chinese steel imports, according to German media reports. The shutdown will affect approximately 1,200 employees, with all operations, including administrative work, temporarily suspended. Also, a short-time work scheme remains under … The post Thyssenkrupp Electrical Steel halts production amid surge in low-priced ex-China imports first appeared on EUROMETAL.

The European Parliament and the Council of the European Union have announced that they have adopted Regulation (EU) 2025/2083, amending the original CBAM Regulation (EU) 2023/956. The new law aims to simplify, clarify, and strengthen the Carbon Border Adjustment Mechanism (CBAM) ahead of its full enforcement on January 1, 2026. It reflects lessons learned during … The post EU adopts CBAM amendment introducing 50-mt exemption and simplified reporting first appeared on EUROMETAL.

The European long steel market has remained mostly stable this week, with just minor changes in the market fundamentals. Import longs prices, however, have increased a little, amid higher export prices from Turkey and a stable euro-dollar exchange rate. In Italy, local rebar prices are remaining range-bound and have been reported at €230-240/mt ex-works base … The post European longs prices stable and range-bound amid complex market conditions first appeared on EUROMETAL.

Global steel demand is expected to increase by 1.3% in 2026 to some 1.77 billion tonnes, according to the World Steel Association (Worldsteel) in its latest Short Range Outlook (SRO) report published this week. On Monday October 13, the report expressed “cautious optimism” as it forecast “modest growth” in global steel demand in 2026, compared … The post Global steel demand set to rebound in 2026, Worldsteel says first appeared on EUROMETAL.

European green steel premiums were unchanged in the week to Thursday October 16 amid muted market activity, with sources reporting only sporadic, project-based demand for decarbonized steel. Market participants described another quiet week for the European green steel market. “There are not so many projects requiring green steel in Europe – at least for now,” … The post European green steel premiums unchanged amid limited, project-based demand first appeared on EUROMETAL.

Most European buyers of hot-rolled coil continued to postpone bookings on Friday October 17, following price increases announced by suppliers earlier in the week. Market participants polled by Fastmarkets on Friday on both the buying and sell side reported a lack of demand. “Demand is missing totally. Stocks are sustaining low buying activity. How long … The post European HRC buyers resist price rises amid weak demand first appeared on EUROMETAL.

European hot-rolled coil prices held steady Oct. 16 as market participants shifted their focus to the Blechexpo trade fair in Stuttgart next week. A trader source said he expects prices to increase further after the fair, driven by EU’s CBAM carbon tariff and the European Commission’s recent safeguard proposals. “Slowly people are starting to be aware … The post EU HRC prices hold steady; market seeks direction at Blechexpo first appeared on EUROMETAL.

Steel import business into the EU is slowing down due to the incoming Carbon Border Adjustment Mechanism acting as a trade barrier, with CBAM costs expected to range from Eur10-250/mt, Gavin Steel, carbon specialist at European steel trading house Duferco, said Oct. 15. “Our volumes that we’re importing or looking to import in the next … The post LME WEEK: Steel imports to slow due to CBAM, green premiums fragmented first appeared on EUROMETAL.

Metinvest, the largest Ukrainian mining and metals company, is consolidating its ongoing projects and positioning itself for a steel market recovery through domestic and international investments, CEO Yuriy Ryzhenkov told Platts, part of S&P Global Commodity Insights, on Oct. 15. Ryzhenkov was hoping for a renewed international focus on the Russia-Ukraine war to facilitate an … The post Ukraine steelmaker Metinvest positions for steel market recovery amid war first appeared on EUROMETAL.

EUROMETAL, in collaboration with Fastmarkets, hosted a high-level webinar on Monday, 13 October, bringing together over 400 participants from across the European and international steel supply chain. The webinar, titled “CBAM is coming – can the steel supply chain handle the costs?”, focused on the pressing challenges posed by the EU’s Carbon Border Adjustment Mechanism … The post CBAM is Coming – can the Steel supply chain handle the costs? first appeared on EUROMETAL.

Polish steelmaker Huta Częstochowa, a subsidiary of Poland-based coking coal exporter Węglokoks, continues to ramp up output. According to local media reports, the company produced 213,000 mt of steel and sold 160,000 mt of flat rolled products in the current year up to the end of September and aims to reach 300,000 mt of production … The post Poland’s Huta Częstochowa plans 300,000 mt of steel output in 2025, 500,000 mt in 2026 first appeared on EUROMETAL.

European Union leaders are expected to endorse the adoption of a new 2040 climate target at their upcoming summit on October 23, while calling for stronger measures to support energy-intensive industries such as steel and automotive manufacturing, according to a draft seen by Reuters. Originally due for approval by a UN deadline in September, the … The post EU leaders seek industrial support measures ahead of 2040 climate target agreement first appeared on EUROMETAL.

Hot rolled coil (HRC) prices in Europe have strengthened this week as leading European producer ArcelorMittal introduced higher offers for deliveries in late December and January. Specifically, ArcelorMittal has raised its offers by at least €30/mt, now quoting €630/mt for December and €650/mt for January, ex-works or delivered. However, market participants noted that these levels … The post European HRC prices rise as mills push for higher levels as expected first appeared on EUROMETAL.

Shifting to low-emissions steel products, investment in new technology and adapting to the requirements of a more demanding market will be essential for the development of the industry, says Hydnum Steel’s chief commercial officer, Gilles Mirol during a panel at the Kallanish Global Flat Steel conference held in Istanbul on 16 October. “We are innovators in a … The post Hydnum Steel: Market demands more high-added-value products first appeared on EUROMETAL.

Strategic planning and long-term vision in the steel industry’s downstream chain can turn tariff pressure into a catalyst for transformation and competitiveness, according to panellists and delegates at the Kallanish Global Flat Steel conference held in Istanbul on 16 October. “Amid the current environment of higher costs and greater regulatory challenges, the manufacturing sector has the tools … The post Planning, innovation to offset trade barriers: Kallanish conference first appeared on EUROMETAL.

Steel prices are expected to increase in Europe in the coming years, not due to higher demand, but from the introduction of Carbon Border Adjustment Mechanism in 2026 and changes to the EU tariffs, delegates heard at the Kallanish Global Flat Steel conference in Istanbul on 16 October. Stanislav Zinchenko, ceo of GMK Center, said: “We can … The post European prices to rise, conditions remain difficult first appeared on EUROMETAL.

Domestic heavy steel plate prices in northern Europe climbed in the week ending Thursday, October 16, with higher import offers factoring in the likely impact of costs related to the EU’s Carbon Border Adjustment Mechanism (CBAM), sources told Fastmarkets. In Italy, prices widened in both directions following an uptick in purchasing activity. Italy Fresh bookings … The post CBAM effect pushes up prices, demand in Europe’s heavy steel plate market first appeared on EUROMETAL.

After just two weeks into the new reporting period, quarterly tariff-rate quota (TRQ) allocations for October-December 2025 for several steel products have already been exhausted by some suppliers, highlighting robust early demand amid shifting trade policies in the EU and potentially tighter market conditions ahead, Fastmarkets learned on Thursday October 16. Hot-rolled coil For hot-rolled … The post Steel quotas vanish fast for some products as EU buyers race ahead of CBAM first appeared on EUROMETAL.

European flat steel prices experienced some limited growth in the week to Wednesday October 15, in line with recent upward trends observed in the market. Earlier this week, European hot-rolled coil producers started increasing their offers in the domestic market in preparation for trade policies changes set to come into effect in the coming months, Fastmarkets heard. … The post European CRC, HDG prices edge up; regulatory uncertainty continues to limit increases first appeared on EUROMETAL.

The European hot-rolled coil (HRC) market stood at a crossroads on Tuesday October 14, with buyers digesting higher offers from steel mills – mills that are hoping to push for even bigger increases once Europe’s new trade measures are enacted – despite a distinct lack of real demand, sources told Fastmarkets. On Monday, leading European … The post European HRC prices face upward pressure despite buyer resistance over impending trade measures first appeared on EUROMETAL.

Indian hot rolled coil export prices to Europe slipped by $5-10/tonne, week-on-week, for the second consecutive week, while cold rolled coil and other flat steel prices remained stable, Kallanish learns from sources. Sources note the dip was mainly driven by the European Commission’s recent proposal to cut quotas and double steel tariffs. As well as … The post India-EU coil prices drop on proposed safeguard changes first appeared on EUROMETAL.

Northwest European rebar prices moved down in the week to 15 October, driven by a slight improvement in apparent demand and a reported willingness from local rebar producers to secure advertised volumes at slight discounts. McCloskey’s sources reported rebar price indications in Northwest Europe at similar offer ranges of EUR610-630/t delivered on week, but said … The post European long steel round-up: slight improvement in apparent demand first appeared on EUROMETAL.

Momentum is building for EU steel industry decarbonisation despite postponements from the region’s leading steelmakers, as the industry prepares to receive long-anticipated lead market support from the European Commission.  The industrial transition of Europe’s steel industry has in many ways lagged behind expectations, especially after leading steelmakers like ArcelorMittal and Salzgitter announced delays to their … The post EU steel decarbonisation volatile, but support incoming first appeared on EUROMETAL.

The Council of the European Union has announced that it has formally adopted conclusions endorsing the use of tax incentives to advance the Clean Industrial Deal, a core framework aimed at aligning industrial decarbonization, clean technology deployment, and competitiveness across the EU. The council emphasized the need to reignite Europe’s economic dynamism, strengthen industrial resilience, … The post EU council endorses tax incentives to drive clean technologies and industry first appeared on EUROMETAL.