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This trend was facilitated by the fall in the cost of gas, the decrease in demand and the growth of generation from renewable sources
Posts Global Market steel consumption
02 January 2024
Next year we can expect looser monetary policy, reduced inflation and high uncertainty
20 December 2023
Restricting imports of pig iron from Russia is the most important decision in the new sanctions package
Posts Global Market electricity prices
11 December 2023
The exceptions were the Pyrenean market and Italy with record solar generation for November
20 November 2023
More and more countries recognize scrap as a strategic raw material and limit exports
Posts Global Market electricity prices
09 November 2023
In October 2023, the cost of electricity in Germany fell by more than 13%, in Italy it increased by 16% compared to September
Posts Global Market hot-rolled prices
27 October 2023
This will be facilitated by a limited supply amid capacity reductions by some producers
26 October 2023
There will most likely no longer be an order from the Chinese authorities to reduce production, but steel mills are voluntarily reducing output
Posts Global Market eurozone GDP
24 October 2023
One step away from recession: Europe shows minimal economic growth According to the consensus forecast, the eurozone economy is expected to grow at 0.2% and 0.3% Q/Q in Q1 and Q2 respectively
Posts Global Market electricity prices
16 October 2023
Gas prices also rose due to reduced supply
13 October 2023
European producers continue to buy products from the Russian steel industry, since the current sanctions do not ban imports completely