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News
Hüttenwerke Krupp Mannesmann will resume operations at blast furnace B following repairs
1+ hour, 20+ min ago (220+ words) News Global Market Germany Print 45 01 September 2026 The German steelworks Hüttenwerke Krupp Mannesmann (HKM), owned by Salzgitter, is preparing to resume operations at blast furnace B following the completion of scheduled maintenance. This is reported by OPIS. The exact date of…...
The EС has set out the requirements for verifying the country of origin of steel
1+ day, 5+ min ago (293+ words) News Global Market EU Print 131 31 August 2026 The European Commission has adopted Implementing Regulation (EU) 2026/1963, which sets out the list of documentary evidence required to verify the country of smelting and casting (‘melt and pour’) of steel imported into the EU....
Heatwave could offset EU economic growth in 2026 — forecast
2+ week, 6+ day ago (251+ words) News Global Market macroeconomics Print 229 24 August 2026 The extreme heat and drought that have gripped much of Europe this summer could completely wipe out the region’s expected economic growth. This is according to a report by Reuters, citing a report from…...
BF-BOF in Central Europe will become uncompetitive after 2040 — PwC
1+ week, 6+ day ago (244+ words) By 2030, steel production using DRI-EAF technology fuelled by natural gas in the Gulf states will be approximately 30% cheaper than in Europe. Competitive advantages in low-carbon steelmaking are shifting towards regions with cheap energy, gas and iron ore — the Gulf states…...
Cuts to EU quotas are putting increased pressure on Ukrainian steelmakers – Reuters
2+ week, 4+ day ago (427+ words) News Industry protective measures Print 115 14 August 2026 The reduction in the EU’s steel import quotas and the Carbon Border Adjustment Mechanism (CBAM) are increasing the pressure on Ukrainian steelmakers. This is discussed in a Reuters article Steel products account for 15% of…...
Thyssenkrupp is finalising new financing terms for its €3 billion green steel plant
2+ week, 4+ day ago (218+ words) News Global Market Thyssenkrupp Print 175 14 August 2026 German industrial giant Thyssenkrupp is in the final stages of negotiations to revise the financing terms for the construction of a new ‘green’ steel plant in Duisburg, involving an investment of €3 billion. This was…...
The Czech company Nová huť has started receiving semi-finished products from 7 Steel Nordic
2+ week, 5+ day ago (498+ words) News Industry Czech Republic Print 163 13 August 2026 The shift of some Czech capital from the energy and mining sectors to the steel industry is opening up opportunities for new domestic industrial linkages. This is reported by Hospodářské noviny. In particular, the…...
Thyssenkrupp raises its profit forecast for the 2025/2026 financial year
2+ week, 5+ day ago (286+ words) News Companies Thyssenkrupp Print 92 13 August 2026 The German conglomerate Thyssenkrupp AG has raised the lower limit of its annual profit forecast. This is stated in the company’s report. Thyssenkrupp now expects an adjusted operating profit of between €600 million and €900 million for…...
The shallowing of the Rhine could trigger a chain reaction in German industry
2+ week, 6+ day ago (412+ words) News Global Market Germany Print 211 12 August 2026 The water level in the Rhine near Kaub has fallen below the historic low recorded in 2018. In critical sections of the river, inland cargo vessels are currently only able to transport a third of…...
Salzgitter reported a profit of €43.5 million in 1H2026
2+ week, 6+ day ago (377+ words) News Companies Salzgitter Print 166 12 August 2026 The German steel producer Salzgitter significantly improved its financial results in the first half of 2026. This is stated in the company’s report. This was made possible by improved performance in the steel production, trading and…...