Europe Steel Markets 2023
Overview
2022 was a year of unprecedented challenges for the global steel markets, due to rising geopolitical tensions, and the slow-down of the China’s economy and steel demand. Global crude steel production in 2022 decreased by almost 4% from the record level reached in 2021, due to negative performances registered in Asia, Europe and North America. The largest fall in crude steel production during the first eleven months of 2022 was registered in Russia, Turkey and Germany. India and Iran continued to increase their steel output, but this recovery was not enough to impact the global trend.
In Europe steelmakers remain concerned with high energy costs, the slowdown of steel end-using sectors and looming recession clouds. 2022 was characterised by the challenges sparked by the ongoing war in Ukraine and 2023 is still expected to be a year of transition, rather than of full recovery.
During the 8th annual Europe Steel Markets conference, steel executives and market participants will gather to discuss global and European steel sector prospects for the second half of 2023, as well as share their experiences and latest industry developments. A number of topics are set to be addressed, including the ongoing investments to meet the stringent environmental legislations in Europe, the price trends for steel products, end-user demand and the rising centrality of scrap among raw material inputs.
Key Themes/Topics:
- Steel prices trends
- Iron ore and scrap price trajectory
- High energy costs on production
- Demand patterns in major steel using sectors
- Steel demand from the automotive sector
- CBAM implementation and impact
- Hydrogen steel-making developments
- New breakthrough technologies
- The state of the Chinese economy and steel markets
- Upstream consolidation of scrap yards by EU steelmakers
Tata Steel IJmuiden Plant Tour - Monday 15th May
The plant tour to Tata Steel IJmuiden took place on Monday 15th May.
Tata Steel’s IJmuiden Works is located on the North Sea Coast of the Netherlands and produces organic and metallic coated strip products for Global markets through its basic oxygen steelmaking, thin strip caster, hot strip mill, annealing lines, cold mills and metallic/organic coating lines.
The site is capable of producing up to about 7,500,000 tonnes/year of hot/cold rolled coil in a variety of finishes. The plant comprises 2 coke batteries, 1 pelletizing plant, 1 sinter plant, 2 blast furnaces, 1 basic oxygen plant, 1 hot strip mill and thin strip caster, cold rolling mills, 3 galvanizing lines (including 2 with optional in-line organic coating facilities), 1 pre-finished steel line, hot pickling, annealing and tinning lines
Venue
Europe Steel Markets 2023 was held at the Renaissance Amsterdam Hotel.
Address: Hekelveld 17, 1012 SN Amsterdam.
Language
Europe Steel Markets 2023 was held in English only.
Platinum Sponsor
Tata Steel Nederland www.tatasteeleurope.com
Tata Steel Nederland is one of Europe’s leading steel producers. The company supplies high-quality steel products to the most demanding markets, including construction, automotive, packaging and engineering. Tata Steel Nederland works with customers to develop new steel products that give them a competitive edge. Tata Steel Nederland has sites in the Netherlands, Belgium, Germany and elsewhere in Europe and is part of the Indian Tata Steel Group, one of the world’s largest steel companies. Tata Steel Nederland recorded a turnover of 6.9 billion euros in the financial year ending 31 March, 2023. Tata Steel Nederland is working on producing steel with zero carbon emissions by 2045. It will do so by switching to producing steel by using hydrogen instead of coal.
Gold Sponsor
Vogel Stahl www.vogelstahl.eu
Vogel Stahl is a Steel Service Center for Hot Rolled Steel with offices in Maastricht, the Netherlands and Niederkrüchten, Germany. Vogel Stahl stands for quality, flexibility, service and reliability in the market for steel plates from coil. The steel qualities range from DD11 up to S700MC, in black and pickled and oiled. Also, a wide range of Teardrop plate is offered. The service area stretches from France to Scandinavia and from the U.K. to Poland. Vogel Stahl is continuously expanding its product range and service offering, including laser-cut profiles and primer in order to make you, our customer, more competitive.
Specialty Steel www.ss-sp.eu
Specialty Steel Sheet and Plate is an activity that started in January 2021 under the wings of Vogel Stahl. The focus is on specialty steel qualities and innovative solutions in plate products. We stock and distribute among others wear-resistant steel, weather-resistant steel and bullet-resistant steel. We strive to gradually expand the product portfolio with relevant products. On February 1, 2023 Vogel Stahl signed a distribution agreement with SLIPNOT®. This enriches the Specialty Steel portfolio with state-of-the-art anti-slip solutions to help you making your work space and your products safer. www.slipnot.com
Coffee Break Sponsor
LIBERTY Steel Group www.libertysteelgroup.com
LIBERTY Steel Group is a global steel business operating across the steel supply chain, from production of liquid steel from raw and recycled materials through to high value precision engineered steels. With a total rolling capacity of 18 million tonnes, 200+ manufacturing locations globally across 10 countries and employing around 30,000 people, LIBERTY Steel’s furnaces, mills, services centres and distribution sites across the UK, continental Europe, Australia, the United States and China serve demanding sectors such as construction, energy, aerospace, automotive, and infrastructure. LIBERTY Steel is a leader in sustainable industry with a mission to become Carbon Neutral by 2030 (CN30).
Silver Sponsor
Dao Fortune (Hong Kong) Co., Ltd www.daofortune.com
Dao Fortune (Hong Kong) Co., Ltd is affiliated to Wuchan Zhongda Group, a state-owned enterprise ranking 120th in 2022 of Fortune top Global 500 enterprises.
Dao Fortune is competent to provide a wide range of services including international and domestic steel and iron trading, import of raw materials and semi-products, supply chain services, financial services, project delivery, etc.
Meanwhile, subsidiaries and overseas offices have been established in HongKong, South Korea, Singapore, UAE, Thailand, Vietnam, and other countries or regions.
The company is handling yearly 10 million tons of sales of steel products, both domestically and internationally.
Silver Sponsor
Kallanish Index Services www.kallindex.com
Kallanish Index Services brings you the latest market prices, data and insights for the hydrogen and gold sectors.
Association & Media Partners
EUROMETAL http://www.eurometal.net
EUROMETAL is the European federation of steel tubes and metals distribution and trading. The roots of EUROMETAL date back to 1950, when the European Community for Coal and Steel was created by Belgium, France, Germany, Italy, Luxembourg and the Netherlands. EUROMETAL members are national federations of steel, metals and tubes distribution as well as distribution, SSC and trading companies having cross border activities in European OECD countries.
Since its establishment in 1928, NASS has been successfully working to promote the interests of steel service centres throughout the UK. NASS is the only trade association covering the whole of the UK steel stockholding industry. NASS members supply steel to UK manufacturing and are a vital link in the supply chain from producer to customer, handling some 8 million tonnes of steel a year, principally to the construction, automotive and engineering industries.
Polska Unia Dystrybutorów Stali www.puds.pl
Polska Unia Dystrybutorów Stali (Polish Association of Steel Stockholders) is an association of companies that distribute metallurgical products in Poland. Through a variety of activities, PUDS creates a platform for exchanging experiences, business contacts and joint ventures for companies for which steel is the main commercial product. The aim of PUDS is for the Polish steel industry to be integrated, steel distributors acted according to good commercial rules and the steel market in Poland was strong and competitive with foreign steel distribution companies.
siderweb - The Italian steel community https://www.siderweb.com/
siderweb - The Italian steel community is the only online newspaper in Italy dedicated entirely to the steel supply chain. It is a point of reference for industry stakeholders, thanks to its sober style devoted to in-depth analysis and objectivity. Since 2005 it has organized Made in Steel and structured its contents: conferences, interviews, outlooks. Since 2009 it has been surveying the prices of 55 raw materials and steel products on the national market every week, with the method certified by the Laboratory of Statistics Data Methods and Systems of the University of Brescia. Since 2022 it has published 5 weekly indexes on scrap, carbon steel, long and flat products, and stainless steel.
UAHE https://uahe.es/wordpress/
UAHE is the Spanish Association of Steel Stockholding companies created in 1910. Our member companies stock, distribute and pre-process a wide range of steel products. We count with more than 130 companies with nearly 200 warehouses all over the country.
UNESID https://unesid.org/
UNESID is the steel production companies association of Spain. It comprises all the manufacturers of flat and longs steel products of Spain, in every quality: carbon, alloyed or stainless steel. Producers of steel tubes (seamless and welded), precision strip, cold finished, road restraint systems are also members of the Association.
Association partner: Steel Exporters' Association www.cib.org.tr
Steel Exporters' Association is a non-profit business organization of more than 1250 companies representing the largest steel producers and exporters in the Turkish steel industry. It carries on its operations with the aim of increasing the export potential of the Turkish steel industry and paves the way for Turkish steel producers/exporters, with main objective to foster and attain sustainable global steel market based on free and fair trade. The Association also solves the problems of its member companies face at home and abroad, provides contact between members and foreign importers in order to ease the export processes, serves up-to-date domestic and global market news, reports and analyses.
A.T.A http://www.trefiladoresacero.com/
A.T.A is a steel association that brings together the Spanish manufacturers and transformers of steel wires, with the aim of promoting their development, both nationally and internationally.
ESIS https://www.prestressingsteel.com/
ESIS is a group of European post-prestressing steel manufacturers and was founded in 1969. One of its main tasks is the technical development of the product including testing methods, promotion of its applications, national and international standardization.
Arab Iron and Steel Union (AISU) https://aisusteel.org/en/home/
Arab Iron and Steel Union (AISU) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.
AISU is a non-governmental organization of a private nature, not of a political or commercial nature. AISU works on pioneering the Arab iron and steel industry and serving steel producers and consumers at the local, Arab and international levels.
AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.
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9:30
Day 1 Conference Sessions Start
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9:30-10:45
Session 1: European steel – debating the big issues
European steel markets have gone through a prolonged period of uncertainty. To kick off the conference high-profile steel executives will debate the current state of European steel demand and the expectations for H2 2023. How is the European market adapting to the developments across the global steel sector? How is European steel demand performing and what should we expect for the second half of the year? Is the European steel industry ready for the upcoming challenges posed by decarbonisation? 2022 was a year of great uncertainty for Europe, mainly due to rising geopolitical tensions caused by war in Ukraine and the impact of inflation on the economy; is the end of the negative trend in sight or should we expect further challenges during 2023?
Format: 10-12 min presentations + Q&A
Moderator:
Speakers:
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10:45-11:30
☕ Networking Break ☕
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11:30-13:00
Session 2: Key markets beyond Europe - demand, investment & trade flows
Kallanish editors and industry executives will analyse the most significant market trends across the globe in areas such as Turkey, Middle East, CIS, Asia and the Americas. A special focus will also be given in how trade flows with Europe are being influenced by the latest developments of the markets and the regulations globally. How is the Chinese market performing? Can Chinese demand recover to go back to 2021 levels? What are the expectations for global steel demand going into the second half of 2023? Will Asian suppliers continue increasing their imports into Europe? As the new European CBAM regulation takes its final shape, how are other parts of the world preparing for this new challenge? What is the state of the steel sector in Ukraine? Can the Turkish steelmakers boost crude steel production after a very negative 2022? What are the latest regulations implemented by Europe concerning steel trade flows?
Format: 10-15 min presentations + panel
Moderator:
Speakers:
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13:00-14:15
🍴 Lunch Break 🍴
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14:15-15:45
Session 3: Steel input costs - energy, freight and the raw materials rollercoaster
Iron ore, steel scrap, energy and freight costs will be analysed to understand the future direction of input costs for steelmakers and for the entire ferrous supply chain. In 2022 iron ore and scrap price volatility was very high due to the impact of the war in Ukraine and the rising of geopolitical tensions. 2023 is expected to be a more “stable” year, but surprises are always looming. Can iron ore prices be boosted by a Chinese demand recovery or will higher ore production prevent new peaks? How will the scrap market perform in the second half of 2023? Will more steelmakers in Europe announce upstream consolidations to acquire scrap yards? Will Europe succeed in somewhat limiting exports of scrap?
Format: 10-15 min presentations + panel
Moderator:
Speakers:
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15:45-16:30
☕ Networking Break ☕
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16:30-17:30
Session 4: End user demand and performance: a focus on automotive
In 2022 the negative performance of the global automotive sector significantly impacted the steel sector. European market observers last year noted that the fall in new cars demand was relevant enough to force Japanese and South Korean steelmakers into offering their products into Europe, triggering an increase of Asian imports in the continent. 2023 could bring a mild recovery in the automotive sector, according to ACEA in Q1 new car registrations in Europe increased almost 18% y-o-y, but uncertainties remain. What are the expectations for H2 2023 and 2024? Is the steel sector ready to meet the new challenges faced by car makers to prepare for the new era of mobility?
Format: 10-15 min presentations + Q&A
Moderator:
Speakers:
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17:30-19:30
🍸 End Day 1 & Cocktail reception 🍸
The Europe Steel Markets 2023 conference programme is below.
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9:30
Day 2 Conference Sessions Start
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9:30-11:00
Session 5: The future of steel - decarbonisation & sustainability
Decarbonisation and sustainability remain central to the future of the global steel industry. What is the status of the transition at European steelmakers and distributors? Can hydrogen steelmaking really become a viable solution and how are steel purchasers preparing to absorb the premium costs implemented to safeguard investments in the decarbonisation projects? During recent years, Europe has been at the forefront of the push for green steelmaking, but what lessons can the sector learn from other experiences in other regions? How big a role will steel scrap play in the transition towards more environmentally friendly steelmaking? What impact will the European CBAM have on trade flows of steel globally?
Format: 10-15 min Presentations + Q&A
Moderator:
Speakers:
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11:00-11:30
☕ Networking Break ☕
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11:30-12:30
Session 6: Steel outlook – supply, demand & price
Key industry executives from different sectors will sit in a panel to discuss their views on steel supply, demand and prices for the coming six months. 2022 was a year of high volatility, with speculations driving the prices to record levels after the start of the war in Ukraine, followed by a rapid collapse of prices. In Europe prices of HRC last year moved well below expectations, while rebar levels held stronger than expected. During the first months of 2023 HRC prices recovered, while rebar levels dropped to close the gap with HRC. What will be the trend of steel prices going forward? Is the Chinese steel demand strong enough to sustain steel prices going into the second half of the year? How has the latest hearthquake in Turkey impacted prices in the Mediterranean area?
Format: 10-15 min presentations + panel
Moderator:
Speakers:
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12:30-12:35
👋 Chairman's Closing Remarks 👋
Speakers
Europe Steel Markets 2023 Attendees
Company | Position | Country |
---|---|---|
Alcar Wheels GmbH | Managing Director | Austria |
Almet Trading UK Limited | Director | United Kingdom |
Almet Trading UK Ltd | Trader | United Kingdom |
ArcelorMittal | Sourcing Head | Luxembourg |
ArcelorMittal | Head of Market Intelligence | Luxembourg |
ArcelorMittal Europe | Technical Head Governmental Affairs & Climate Change | Luxembourg |
ArcelorMittal Europe - Flat Products | Head of Operational Marketing & Pricing | Belgium |
ArcelorMittal Tubular Products Europe | Head of Business Development | Luxembourg |
Armos BV | Managing Director | Belgium |
ASIL CELIK SAN VE TICARET A.S | EXPORT SALES | Turkey |
Becker Stahl Service | CEO | Germany |
Becker Stahl-Service GmbH | Head of Procurement | Germany |
Blachotrapez | Commercial Director | Poland |
Blachotrapez Sp.zo.o. | procurement director | Poland |
Borcelik | Executive Board Member | Turkey |
Boston Consulting Group (BCG) | Expert Consultant | Italy |
Boston Consulting Group (BCG) | Consultant | Italy |
Braemar plc | Global Head of Dry Research | United Kingdom |
Casier Recycling N.V. | Commercial Director | Belgium |
CLN Group | Board Managing Director | Italy |
Credit Europe Bank N.V. | Senior Relationship Manager | Netherlands |
Dao Fortune (Hong Kong)Co., Ltd. | Assistant General Manager | China |
Dao Fortune (Hong Kong)Co., Ltd. | Co-chairman | China |
Dao Fortune (Hong Kong)Co., Ltd. | Deputy General Manager. | China |
Dao Fortune (Hong Kong)Co., Ltd. | Manager | China |
De Jong&Lavino BV | Commercial Director | Netherlands |
Dentons Europe LLP | Counsel | Belgium |
Emballator | Purchasing Manager | Sweden |
Emballator (UK) Ltd. | Strategic Purchaser | Sweden |
Ermewa SA | Steel Segment Manager | France |
EUROFER | Senior Manager | Belgium |
EUROMETAL | Director General | Luxembourg |
FeCon "Global Sourcing Company" | Area Manager | Turkey |
Fowle & Co Ltd | Purchasing Director | United Kingdom |
Galex Steel International | Managing Director | United Arab Emirates |
GFG Alliance | Head of EU Government Relations | Belgium |
GFG Alliance | Events Manager | United Kingdom |
GFG Alliance | Head of Decarbonisation | United Arab Emirates |
GFG Alliance | Global Head of Communications | United Kingdom |
GFG Alliance | Head of Risk & Sustainability | United Kingdom |
GMK Center | CEO | Ukraine |
Hadley Group | Procurement & Transport Director | United Kingdom |
Indo Intertrade AG | Vice President European Markets | Switzerland |
Johnson Controls Global Marine & Navy | Procurement Director | Norway |
Jørgensen & Utoft | Purchase & Key Account Manager | Denmark |
Jørgensen & Utoft | CEO | Denmark |
Kallanish | Director | United Kingdom |
Kallanish | Journalist | Germany |
Kallanish | Sales Manager - MENA & Eastern Europe | Bulgaria |
Kallanish | Business Development | Germany |
Kallanish | Global Editor | Austria |
Kallanish | Editor Southern Europe | |
Kallanish | Events Director | United Kingdom |
Kallanish | Global Event Marketing Manager | United Kingdom |
Kallanish Commodities | Global Head of Subscriptions & Advertising | United Kingdom |
Kallanish Consulting Services | Consultant | Singapore |
Kallanish Europe Sofia | Journalist | Bulgaria |
Kingspan Ltd. | Procurement Director | Ireland |
KION Group | Senior Commodity Sourcing Scout | Poland |
König GmbH & Co Kg | Sourcing Manager | Germany |
Lhoist SA | Key Account Manager | Belgium |
Lhoist Western Europe | Sales market specialist | Netherlands |
Liberty Aluminium France | CEO | France |
Liberty Commercial Germany GmbH | Countryhead | Germany |
macroMETAL Handelsgesellschaft mbH | Managing Director | Germany |
Maja Stuwadoors | Director | Netherlands |
McKinsey & Co. | Senior Expert | Belgium |
MISETAL | General Manager Sales Director | France |
MISETAL | Flat Steel, Aluminium & Stainless Steel Product Manager | France |
Morvarid Metal Kft | CEO | Hungary |
Mota-Engil Global – Serviços Partilhados Administrativos e Técnicos, S.A | Category Manager | Portugal |
Nucor Trading | Commercial Director | Poland |
Nucor Trading | Managing Director | Switzerland |
Oldendorff Carriers (Singapore) Pte Ltd | Senior Commodity Analyst | Singapore |
Port of Rotterdam | Advisor | Netherlands |
Prime Green Recyclers | Director | Pakistan |
PUDS | Head Manager | Poland |
Reggio Metals SpA | Owner | Italy |
REIBUS | Sales Director Western Europe (DIF) | France |
REIBUS | Senior National Sales Representative | France |
ROCKWOOL Belgium NV | Regional Category Manager | Belgium |
Royal BAM Group nv | Global Category Manager Steel | Netherlands |
Savojni SSC | Owner | Italy |
Serwistal Sp. z o.o. | Commercial Director | Poland |
Serwistal Sp. z o.o. | Director of Purchasing Department | Poland |
Sev.en Global Investments | Senior Associate | Czech Republic |
SIDERMEC SPA | MANAGING DIRECTOR | Italy |
Siderweb | Italy | |
Siderweb | Market Analyst & Editor | Italy |
Specialty Steel | Business Manager Specialty Steel | |
SSAB Europe | Director Business Development | Spain |
SSAB Europe | Vice President | Italy |
Steelforce NV | Trader Europe | Belgium |
STEELFORCE NV | Trader Europe | Belgium |
STEELINVEST | General Manager | Belgium |
Steelinvest Group | Trader | Belgium |
STOW | Purchase Director Raw Materials | Belgium |
Streem Interservice | France | |
TATA Europe | Netherlands | |
Tata Steel Europe | Commercial Manager | Netherlands |
Tata Steel Europe | Senior Manager Commercial Sustainable Development | Netherlands |
Tata Steel Europe | Director Commercial IJmuiden | Netherlands |
Tata Steel Europe | Commercial Manager, Engineering | Netherlands |
Tata Steel Europe | Commercial Director | Netherlands |
Tata Steel Europe | Account Manager general sales | Netherlands |
Tata Steel Europe | Marketing Communication Coordinator | Netherlands |
Tata Steel Europe | Markets & Pricing | Netherlands |
Tata Steel Europe | Manager Market Insight & Strategy Team | Netherlands |
Tata Steel Europe | Director Markets & Pricing, Tata Steel, Mill / Producer | Netherlands |
Tata Steel Europe | Marketing Manager Distribution | Netherlands |
Tata Steel Europe | France | |
TATA Steel Europe | Manager Steel Purchase Europe | Netherlands |
Tata Steel Layde | Managing Director | Spain |
Tata Steel Nederland | Senior Manager, Market Strategy | Netherlands |
Tatmetal | Raw Materials Procurement Manager | Turkey |
Tatmetal | Head of Sales and Purchasing | Turkey |
TATMETAL CELIK SANAYI TIC ve AS | Sales Manager | Turkey |
ThyssenKrupp Materials Services GmbH | Head of Procurement | Germany |
ThyssenKrupp Materials Services GmbH | Head of Governance and Procurement | Germany |
UK Steel | Director | United Kingdom |
Van Leeuwen Pipe and Tube Group | Procurement Manager Europe | Netherlands |
Vogel Stahl | Senior Sales Representative | Netherlands |
Vogel Stahl | Sales Representative | |
Vogel Stahl | PA to Friso de Vries | |
Vogel Stahl | Manager Purchasing and IT | |
Vogel Stahl BV | Owner & Director | Netherlands |
VOGEL Stahl B.V. | Price Analyst | Germany |
Weyland gmbh | CEO | Austria |
Wijngaard Natie | Business Development Manager | Belgium |
Yildiz Demir Celik | General Manager | Turkey |
Yildiz Demir Celik | Marketing and Customer Experience Director | Turkey |
Yuan Long Stainless Steel Co., ltd | Sales Manager | Taiwan |
Previous Attendees
Browse the lists below to see last years conference attendees.
Europe Steel Markets 2025 Attendees
Company | Position | Country |
---|---|---|
Hanwa Italia S.R.L. | Manager | Italy |
UNICOIL | General Manager | Saudi Arabia |
Yildiz Demir Celik | Marketing and Customer Experience Director | Turkey |
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous