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Eurometal The Voice of European Steel, Tubes and Metal Intermediation

06/06/2026

Relatively stable business environment in global longs market, regional differences more pronounced than ever The overall business environment in the global long steel products market remains relatively stable. However, regional differences have become more pronounced than ever. Protectionist measur...

06/06/2026

The 50% tariff that the US imposed on steel and aluminum imports in June 2025 has scrambled trade flows, driven up prices and inspired some new investment. This is part one of a three-part series examining the effects one year later. When US President Donald Trump imposed a 50% tariff on imports of....

06/06/2026

Tata Steel said in a statement on June 4 that a fire broke out on the evening of June 3 in one of its processing lines at the Port Talbot steelworks. The company said the incident is not related to the recent demolition of its empty, redundant gas holder. Mid and West Wales Fire Service

06/06/2026

Global steel excess capacity is projected to surge to 745 million metric tons by 2028, worsening an overcapacity crisis that threatens the viability of market-oriented producers worldwide, according to the OECD Steel Outlook 2026, released June 4. The forecast comes as global steelmaking capacity re...

06/06/2026

European steel exports to the US have declined by one-third since the introduction of the US administration’s 50 percent steel tariffs, according to new data released by the European Steel Association (EUROFER). The association reported that EU steel exports to the US fell by 34 percent year on ye...

06/06/2026

The Romanian long steel spot market has moved slightly lower this week, with traders gradually reducing prices after the sharp increases recorded in recent weeks. Market participants indicate that overall demand remains subdued, despite ongoing activity from selected infrastructure and construction....

06/06/2026

The Bulgarian longs market has shown mixed trends this week, with weaker domestic demand weighing on rebar prices, while wire rod values have remained relatively firm. Market participants report that business activities have slowed amid growing financial uncertainty following recent political develo...

06/06/2026

Domestic steel heavy plate prices decreased in Italy in the week to Thursday June 4, reflecting weak demand for summer deliveries, while prices in Northern Europe remained stable amid slow trading, Fastmarkets was told. Italy Deals for steel heavy plate in Italy were reported in the range of €730-...

06/06/2026

The World Stainless Association (worldstainless) has elected Bernardo Velázquez, executive of the Acerinox Group, as its new chairman during the organisation’s 30th annual conference in Johannesburg, South Africa, Kallanish notes. Yosuke Sakai, the executive officer and head of Stainless Steel & ...

06/06/2026

Italian re-roller Padana Tubi is creating two dedicated business units to strengthen its commercial operations. The new stainless steel business unit will be led by Luca Cavallari, while the carbon steel division will be jointly managed by Giorgia Benetti and Marco Fornasari, the company says in a n...

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