ArcelorMittal calls for green border adjustment to address climate change
Paris - ArcelorMittal president Aditya Mittal: "I am convinced that we can help make a real and positive difference, but only if we have the right policies in place."
12 Dec 2018
US economic boom accelerates demand for machine tools
Frankfurt - Association of German Machine Tool Producers (VDW): High demand for German tools in the US.
Merry Christmas
Düsseldorf - The marketSTEEL team wishes a Merry Christmas and a happy News Year!
European Commission stalls planned Tata Thyssenkrupp merger
Brussels - Stalling of procedure occurred on 30 November, according to information provided by thyssenkrupp AG to news platform Kallanish.
11 Dec 2018
Chinese steel prices subside on worries over slower demand
Manila - Reuters: Chinese steel futures dropped for a third consecutive session on concerns that slower demand will persist next year.
Price of aluminum almost continuously below 2,000 Dollars per tonne
Frankfurt - Commerzbank Research: Currently many stress factors.
10 Dec 2018
British industrialist Sanjeev Gupta unveils plan for steel plant in South Australia
Whyalla - Large scale steel plant shall have an annual capacity of 10 million tonnes.
Wall Street Journal: Foreign steel keeps flowing into US
New York - Business journal remarks that US tariffs fatten profits of domestic producers, while imports remain important.
07 Dec 2018
Eurometal elects Fernando Espada as a new president
Luxemburg - General Assembly elected CEO of Tata Steel Distribution Spain as head ot the European representation of steel stockholders, SSC and trade.
Works council of Thyssenkrupp criticizes overdue leadership issue of Tata joint venture
Duisburg - Works Council Chairman of Thyssenkrupp Steel Europe: The management board must be named this year.
06 Dec 2018
Dr. Wuppermann announces retirement from management board of Wuppermann AG
Leverkusen - Dr. C. L. Theodor Wuppermann has lead the family business for the past 17 years in the fifth generation.
Indian steel prices under pressure from cheap imports
Kolkata - Higher imports from free trade countries like Japan and South Korea put pressure on domestic production.
05 Dec 2018
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