European industry debates political shift, HRC quota cap

European steel industry representatives gathered in Milan last week for Kallanish Europe Steel Markets 2024, where discussion centred around the continent’s deindustrialisation, gloomy demand outlook for the second half-year and the European Commission’s proposal to cap individual origins within the “other country” …

Issue 23, 2024 - This week's editorial: US and Europe’s HRC tariffs likely to reshape global market flows

India may see a rise in hot rolled coil steel imports as an unintended consequence of Europe’s residual tariff-rate quota (TRQ) capping. This could lead to a re-direction of HRC imports from Southeast …

Issue 22, 2024 - This week's editorial: US steelmaker warns European counterparts, M&A sees mixed results

Conference season continued in full swing last week as many of the world’s steel industry big hitters gathered at Danieli HQ in Buttrio near Udine to discuss key industry topics, as well as be wowed …

Issue 21, 2024 - This week's editorial: China pulls down global output, CCUS in spotlight

The penultimate week of May was fairly uneventful for the global steel market, which is rather surprising given China’s launch in the prior week of its most ambitious property market stimulus package so far. Although prices …