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Europe News

16Jan
New MMK plants eye engineering products import substitution

Russian steelmaker MMK’s Mechanoremontny Kompleks (MRK) is implementing two large investment projects aimed at replacing imports …

16Jan
Italian distributors expect market to improve in 2024

Italian steel trade association Assofermet expects an improvement in 2024 sales and earnings for the local …

16Jan
Swiss antitrust body investigates alleged steel distributor cartel

Switzerland’s antitrust office, WEKO (WEttbewerbsKOmmission), has launched an investigation into several steel distributors for potentially violating …

16Jan
Kirchhoff, H2 Green Steel sign €130m deal

Kirchhoff Automotive and Swedish start-up H2 Green Steel have signed a seven-year agreement for the delivery …

16Jan
French, Benelux scrap increases but trend reversal foreseen

French and Benelux scrap prices are increasing this month by €10/tonne ($10.9) following the sharp hike …

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