Emirates Steel
News Global Market Emirates Steel
26 October 2022
ESA became the first company to be exempted from duty on steel sales in the UK
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- European prices for hot-rolled coils declined in the first half of April
- DMZ has expanded the range of laboratory services for external customers
- France increased rolled steel exports by 16.9% y/y in January
- Middle East billet producers suffer losses due to falling demand
- China will continue to build coal-fired power plants until 2027
- Italy reduced rolled steel exports by 12% y/y in January
- Emsteel increased spending on innovation and investment by 127% in 2020-2024
- Ferrexpo maintains capital expenditures at $102 mln in 2024
- European prices for hot rolled coils increased in the first half of April
- EU HRC prices rise, but market remains volatile – WSD
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