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Photo – Voestalpine Donawitz launches BOF vessel No. 4 after major overhaul
Voestalpine Donawitz launches BOF vessel No. 4 after major overhaul

The 67-ton unit was upgraded by Primetals Technologies

Photo – EU imported almost 500 thousand tons of pig iron from Russia in January
EU imported almost 500 thousand tons of pig iron from Russia in January

European importers used almost 70% of the annual quota for imports of pig iron from Russia

Photo – Eurometal discusses CBAM issues with the EC
Eurometal discusses CBAM issues with the EC

The EBA notes the need to include TARIC key codes in the mechanism

Photo – ArcelorMittal raises prices for hot-rolled coils to €700/t in Northern Europe
ArcelorMittal raises prices for hot-rolled coils to €700/t in Northern Europe

The company raised the price by €20/t due to increased demand and an expected reduction in steel imports to Europe

Photo – Inflation in the euro area slowed to 2.2% y/y in March
Inflation in the euro area slowed to 2.2% y/y in March

Energy prices decreased by 0.7% over the month

Photo – More than 9 million tons of steel capacity idle in the EU
More than 9 million tons of steel capacity idle in the EU

Most of the shutdown enterprises are managed by Liberty Steel Group

Photo – European Commission considers changes to EU energy legislation – Reuters
European Commission considers changes to EU energy legislation – Reuters

This could be part of the next package of proposals to reduce bureaucratic burdens

Photo – Belgium increased steel production by 5.9% y/y in January-February
Belgium increased steel production by 5.9% y/y in January-February

In February, the country's steelmakers reduced steel production by 3.3% m/m, but increased it by 1% y/y

Photo – The EU exported 16.7 million tons of scrap in 2024
The EU exported 16.7 million tons of scrap in 2024

More than 60% of deliveries are to Turkey

Photo – Italy, France and Slovakia insist on amendments to CBAM
Italy, France and Slovakia insist on amendments to CBAM

Countries call for reduction of red tape for companies

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