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Positive Outlook for European Steel Market Amidst Increased Domestic Activity European steel market sentiment remains positive as domestic hot-rolled coil (HRC) prices recover, primarily driven by reduced import volume due to the EU’s Carbon Border Adjustment Mechanism (CBAM) as seen in the article “European domestic HRC prices rise as pressure
European Steel Market Report: Growing Momentum Threatens Supply Chain Stability The European steel market is currently experiencing a significant upturn, evidenced by developments such as GravitHy, Marcegaglia to cooperate on green steel and Green steel projects update: The momentum builds. These articles underline the intensifying investment in green steel technologies,
Positive Outlook for European Steel Market Driven by Rising Prices and Stable Plant Activity Recent developments in Europe’s steel market indicate a positive trend, highlighted by increased prices across several regions. Articles such as “The cost of Italian heavy rolled products has increased amid rising prices for CBAM plates“ and
Positive Outlook for European Steel Market Amid Political Dynamics and Plant Activity Trends In Europe, a positive sentiment underlies the current steel market, driven by notable shifts in plant activity levels and political developments. The recent news articles, “Rütteln am Klimaziel: Unternehmen und Gewerkschaften fürchten um Jobs und Geschäftsmodelle“ and
India’s Steel Market Outlook: Positive Growth Driven by Strategic Budget Initiatives India’s steel sector is experiencing significant upward momentum, buoyed by strategic government initiatives as outlined in Budget 2026: Big Push For Growth, Jobs And A New Tax Era To Power Viksit Bharat. This proactive fiscal policy directly correlates with
Neutral Outlook on Ukraine’s Steel Market: Activity Declines Amidst Ongoing Disruptions In Ukraine, the steel market currently reflects a neutral outlook as evidenced by Zaporizhstal reduced steel production by 15.8% m/m in January and Industrial production in Ukraine fell by 2.4% y/y in 2025. These reports correlate with significant reductions