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European industry representatives and trade unions have issued a joint statement calling on the European Parliament, Council of the EU and European Commission to agree on the broadest possible extension of the EU’s Carbon Border Adjustment Mechanism (CBAM) to downstream products during ongoing trilogue negotiations. The signatories include the European Federation of Steel, Tubes and … The post European steel and downstream industries call for comprehensive EU CBAM expansion first appeared on EUROMETAL.

European domestic hot-rolled coil (HRC) prices were largely unchanged on October 20 despite reported low trading activity, which was attributed to high customer stocks. Supply disruptions in Southern Europe, reduced attractiveness of imports and rising energy costs are the key factors helping local mills to hold prices and even pushing them to seek price hikes. … The post European domestic HRC prices broadly stable despite reported modest demand first appeared on EUROMETAL.

Mills have issued the first signals to buyers regarding the upcoming talks for long-term coil supply contracts for 2027. The prices will certainly be higher than they were for the 2026 contracts, with sources suggesting a three figure rise. The current price of hot-rolled coil from northwestern European integrated mills is around €750/tonne ex-works ($842/t). … The post European coil mills signal annual contract hikes first appeared on EUROMETAL.

Multiple associations including Eurofer and EUROMETAL have called on EU policymakers to agree on the “broadest possible” extension of CBAM to downstream products, with the first trilogue negotiation on extending CBAM scheduled for 20 October. The signatories, which also include the European Non-Integrated Wire Rod Processors Association (Eunipra), IndustriALL and Steel for Packaging Europe, have also … The post Industries urge ‘broadest possible’ CBAM extension, trilogues begin first appeared on EUROMETAL.

Hot-rolled coil prices have remained stable in the Iberian market so far in October. Demand from major consuming industries, including automotive and renewable energy, is not recovering, market sources tell Kallanish. “Prices in Spain are high, and buyers are not accepting current offers,” says one distributor. “Centres are reducing their stock and, given the lack … The post Iberian HRC price holds steady, demand remains weak first appeared on EUROMETAL.

Green steel production depends on resolving issues related to energy costs and electricity production, according to Saarstahl’s chief executive and chairman of SHS, Stefan Rauber. He told the Green Steel Challenge podcast, co-produced by Kallanish, that he has no doubt that they will “get this thing running”, but Europe needs a common plan for this … The post Green steel production needs electricity, European plan: Rauber first appeared on EUROMETAL.

Italy is currently experiencing severe disruptions linked to truck driver strikes, which are putting pressure on the distribution of goods and fuel. The risks could also extend to the steel industry, affecting delivery schedules, vehicle availability and the cost of material delivered to customers. These difficulties are compounded by production uncertainty at the former Ilva … The post Strikes and protests in southern Italy put logistics at risk, uncertainty persists over former Ilva first appeared on EUROMETAL.

Turkish flat steel markets remained subdued amid weak domestic and export demand, while uncertainty over EU quota-related import costs continued to deter buyers and curb exports to the bloc, Kallanish hears from market participants. Heavy rainfall and flooding risk in Istanbul are further disrupting domestic market activity, adding to already weak demand. “[Turkish] export is … The post EU quota uncertainty stalls Turkish HRC exports first appeared on EUROMETAL.

The UK government has published indicative calculation metrics for its incoming Carbon Border Adjustment Mechanism (CBAM), 16 October, demonstrating a significantly lower cost burden than under the EU’s own CBAM model. HMRC has published the guidance on its official webpages in the form of “illustrative rates” for in-scope sectors, including steel, calculated using the UK … The post UK unveils indicative CBAM calculation values for 2027 first appeared on EUROMETAL.

Daily steel hot-rolled coil prices rose in Northern Europe on higher mill targets, while demand remained limited due to high stocks, sources told Fastmarkets on Monday October 19. In Italy, prices fell on weak demand and slow activity. In Northern Europe, sources said demand was slow and buying activity was weak, but suppliers were heard … The post Northern European HRC prices edge up on higher mill targets; high stocks curb demand first appeared on EUROMETAL.

Yuriy Ryzhenkov, CEO of Ukrainian steel producer Metinvest, called on the European Union to exempt Ukraine from restrictions on steel imports. Speaking to the BBC, Ryzhenkov criticized the inclusion of Ukrainian steel products under the same measures designed to restrict low-priced imports from countries such as China. Describing the EU’s tariffs on imported steel as … The post Metinvest calls on EU to exempt Ukrainian steel from import restrictions first appeared on EUROMETAL.

Domestic steel coil prices in Europe remained largely unchanged in the week to 16 October, while distributors were focused on reducing inventory volumes and restocking was limited. Bullish sentiment, however, prevails in the market, as buyers will have to rely more on domestic producers when they replenish their stocks due to the effects of regulations … The post European coil and green steel round-up: EU coil largely stable on slow apparent demand first appeared on EUROMETAL.

EUROMETAL President Alexander Julius joined BBC World Service’s Weekend programme on Saturday, 17 October 2026, to discuss the mounting challenges facing European industry, the EU’s trade relationship with China, and the measures needed to safeguard Europe’s industrial competitiveness. Speaking live following the European Union Summit in Brussels, Alexander Julius addressed some of the most pressing … The post Protecting Europe’s industrial base: EUROMETAL President live on BBC World Service first appeared on EUROMETAL.

The German Steel Association (WV Stahl) warned that the joint proposal by Germany and France for the automotive sector could weaken the incentive mechanism planned by the European Commission to promote the use of low-emission steel. In a statement on October 16, WV Stahl expressed support for the European Commission’s proposal to establish a separate … The post WV Stahl calls for maintaining incentives for low-emission steel in the automotive sector first appeared on EUROMETAL.

Polish domestic rebar prices were rising in the week to Friday October 16, pushed by growing production costs and lower availability due to exports to Ukraine, sources told Fastmarkets. One market source reported indications from local suppliers within the range of €630-640 ($706-718) per tonne CPT, which is equivalent to 2,773-2,780 zloty per tonne. A … The post Polish domestic rebar prices rise amid growing costs, exports to Ukraine first appeared on EUROMETAL.

EUROMETAL has joined 19 other European industry associations and industriAll European Trade Union in signing a joint statement calling for the broadest possible extension of the Carbon Border Adjustment Mechanism (CBAM) to downstream products. Ahead of the next trilogue negotiations, scheduled for 20 October, the signatories urge the European Parliament, Council and Commission to reach … The post EUROMETAL co-signs joint statement calling for broad CBAM extension to downstream products first appeared on EUROMETAL.

European steel heavy plate prices remained stable in the week to Thursday October 15 amid moderate demand and slow trading activity, while import activity was limited due to higher delivery and CBAM-related risks, sources told Fastmarkets. Southern Europe In Italy, steel plate prices were unchanged during the week, with most indications reported by sources within … The post Steel heavy plate prices remain broadly stable in Europe; imports lose competitiveness due to higher risks first appeared on EUROMETAL.

The Italian domestic long steel segment has remained largely stable this week, although attempts to raise prices have been observed in exports. Producers’ price requests have therefore shown limited changes, with rebar prices standing in a range of €480-490/mt ex-works base (€740-750/mt ex-works including regular extras), with the lower end up slightly by €10/mt compared … The post Italian longs market sees stable prices locally, export segment performs better first appeared on EUROMETAL.

The European long steel market has shown differing trends over the past week. Producers continue to defend their price requests amid high energy and logistics costs, but downstream demand remains insufficient to support the widespread consolidation of increases. While the Italian longs market has remained largely lacking in momentum, Polish mills have raised their rebar quotations to … The post European longs prices uneven amid weak demand and widespread caution first appeared on EUROMETAL.

Romania’s flat steel spot market has maintained a relatively balanced trading environment this week, with demand remaining at acceptable levels despite the absence of any noticeable recovery. Purchasing activity has continued at a moderate pace, allowing traders to maintain their recently increased quotations without significant downward pressure. However, further upward adjustments have proven difficult to … The post Romanian flats spot trading continues at moderate pace, prices largely stable first appeared on EUROMETAL.

Steel accounts for 31% of planned clean hydrogen end-use demand from electrolysis projects currently under construction in Europe, Kallanish finds from a new report by trade body Hydrogen Europe. A total of 3.7 gigawatts of electrolytic capacity is now under construction, with refineries constituting 54% of the end-use demand, followed by clean steel, notes the … The post Steel claims 31% of European construction-stage H2 demand first appeared on EUROMETAL.

ArcelorMittal has advanced two significant investments at its Dunkirk and Mardyck sites in northern France, a new electric arc furnace at Dunkirk and new electrical steel production line at Mardyck, the company says. At Dunkirk, ArcelorMittal is building a 2 million tonnes/year EAF and a ladle furnace. Preparatory work has been under way for several … The post ArcelorMittal advances Dunkirk EAF, Mardyck electrical steel projects first appeared on EUROMETAL.

A tug of war is under way in France between mills and the downstream sector. Long and flat steel processors are caught between weak demand from their customers on one side, and mills pushing for increases on the other, Kallanish hears. Mills are said to be putting pressure on customers to accept higher prices, particularly … The post French processors caught between mills and weak demand first appeared on EUROMETAL.

Swedish steel producer Stegra has selected three port and logistics partners in Germany, Belgium and the United Kingdom to handle steel shipments from its Boden facility to customers across Europe. The company announced that it will work with Haeger & Schmidt Logistics in Duisburg, Germany, PSA Breakbulk in Antwerp, Belgium, and TST – Thor Shipping … The post Stegra selects three new logistics partners in Europe first appeared on EUROMETAL.