Tag: steel scrap

Metal scrap prices in Italy increase

| According to the Alocci RI Group, May is the third month in a row characterized by a strong escalation of the metallic raw materials prices, mostly for the ferrous scrap ones.

World steel production lower in February

| World crude steel production for the 66 countries reporting to the World Steel Association (Worldsteel) was 120 million tonnes (Mt) in February 2016, a -3.3% decrease compared to February 2015.

World crude steel output decreases by -2.8% in 2015

| World crude steel production reached 1,622.8 million tonnes (Mt) for the year 2015, down by -2.8% compared to 2014. Crude steel production decreased in all regions except Oceania in 2015.

Euric reminds of the benefits of recycled steel scrap in steelmaking

| The European Recycling Industries Confederation (EuRIC) voiced European steel recyclers’ views during a side-event of the United Nations conference on climate change COP21.

Tinplate Most-Recycled Packaging Material in Germany

| With a recycling quota of 93.3% of the Tinplate packaging consumed in Germany, packaging steel has retained its top position once again in 2014.

Swollen imports fuel fight for tonnage in EU steel market

| Revised data on the EU steel market suggest that demand could grow by 1.5% in 2015, on a par with the expected rise in activity of the EU steel consuming sectors. However, third country suppliers rather than domestic producers will be the main beneficiaries from demand growth in the EU market. Weakening domestic order intakes signal that steel buyers are remaining very cautious.

World steel production still on the same level

| World crude steel production for the 65 countries reporting to the World Steel Association was 128 million tonnes (Mt) in February 2015, a 0.6% increase compared to February 2014.

Strengthening Trend EU steel market looks set to continue in 2015

| Eurofer foresees for 2015 continued but slow growth, although the outlook remains vulnerable to downside risks such as an escalation of the conflict in the Ukraine, slow growth in the emerging world and persisting weakness in France and Italy.

Upward tendencies for Alba

| In the third quarter of 2014 the company achieved higher earnings despite of lower revenues compared to last year.

World steel outlook: Growth for the next years

| The World Steel Association has released its Short Range Outlook (SRO) for 2014 and 2015. Worldsteel forecasts that global apparent steel use will increase by 2.0% to 1,562 Mt in 2014 following growth of 3.8% in 2013. In 2015, it is forecast that world steel demand will grow by another 2.0% and will reach 1,594 Mt.
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