European steel scrap market faces uncertainty amid sluggish demand

Sheffield - According to a recent market update from MEPS, European steel scrap prices remain under downward pressure.

27 Mar 2025

Cinzia Vezzosi re-elected vice president of European Recycling Industries’ Confederation

Brussels - Olivier François (FEDERREC) re-elected as President of the Federation. Alongside to him and Vezzosi Alicia Garcia Franco (FER), Sebastian Will (BVSE), and Peter Hodecek (WHO) were confirmed as vize presidents.

27 Mar 2025

Blastr steel mill project: Positive Environmental Impact Assessment

Helsinki -  Publication of a reasoned conclusion from the Uusimaa Centre for Economic Development, Transport and the Environment (ELY Center) on its Environmental Impact Assessment (EIA).

25 Mar 2025

Current data: German crude steel production remains weak in early 2025

Berlin - According to the German Steel Association, 2.7 million tonnes of crude steel were produced in February 2025 – a 13.5% decrease compared to an already weak February 2024.

25 Mar 2025

Thyssenkrupp: New CFO and CHRO as part of executive board restructuring

Essen - Wilfried von Rath will start new role as Chief Human Resources Officer (CHRO) on April 1, Dr. Axel Hamann appointed new Chief Financial Officer (CFO) effective May 1.

25 Mar 2025

Benteler to modernize seamless tube mill with SMS group technology

Düsseldorf - The modernization will involve replacing the existing CARTA® automation system with SMS group’s next-generation CARTA®neo SRM.

25 Mar 2025

Tata Steel UK CEO: Stronger alignment between industrial and steel strategies

London - Rajesh Nair, CEO of Tata Steel UK, highlighted the challenges facing the UK steel industry and emphasized the need for steel to play a central role in any long-term industrial policy.

20 Mar 2025

Milestone for Canadian Hy2gen project: Impact study and timeline

Montreal - Submitting of project notice to Quebec’s Minister of the Environment marks the transition from the planning phase to the regulatory review process.

19 Mar 2025

Swiss Steel Group: Strategic persistance and challenging market conditions

Emmenbrücke - The company reported a decline in sales volume and revenue for the year 2024 but also achieved improvements in EBITDA and debt reduction.

 

19 Mar 2025

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