
Downtrend persists in European HRC market; production cuts said necessary to balance supply/demand
Trading remained weak in the European hot-rolled coil market on Wednesday March 6 amid downbeat sentiment among buyers

Trading remained weak in the European hot-rolled coil market on Wednesday March 6 amid downbeat sentiment among buyers

Ukrainian coking coal producer Pokrovsk Coal, part of the Metinvest group, has commissioned a new longwall, Ukrainian media reported

European coal prices extended two-month highs in Tuesday trading amid rising gas prices and concerns that sanctions on Russian coal exports…

Professor Roland Döhrn, researcher at the University Duisburg-Essen, shared his evaluations regarding European economic and steel trends.

Prices for European hot-rolled coil fell further on Monday March 4 amid slow trading. Mills in Northern Europe kept their official offers…

Potential price increases considered by European longs producers, amid firm output costs, failed to materialise, as buyers delayed restocking

Germany will have difficulty achieving its goal of a coal phase-out by 2030, even as it plans to ramp-up H2-ready natural gas power plants

Ukrainian metals and mining group Metinvest recently reported a 31% decrease year on year in its crude steel production for 2023

Eastern German state leaders have warned against the government’s plan to replace coal with hydrogen

The hostilities and the loss of vital logistics routes through the Black Sea ports in the south have significantly affected the production

European coal prices jumped to two-week highs in early Monday trading, piggybacking on gas market gains and amid some technical support

Coal stocks at northwestern European import terminals have risen 4% over the past week to their highest level in eight months