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Eurometal The Voice of European Steel, Tubes and Metal Intermediation

13/06/2026

The UK steel market remains largely opposed to the sweeping new trade quota system; despite expectations it would lend significant support to domestic price levels. Speaking at the International Steel Trade Association networking event June 11, market participants criticized the proposed quotas that...

13/06/2026

Eurofer has noted improvements made by EU ministers to the proposed reform of the Carbon Border Adjustment Mechanism (CBAM), but warns loopholes remain that could weaken both Europe's climate ambitions and industrial competitiveness. Meeting today, the Economic and Financial Affairs Council (ECOFIN)...

12/06/2026

The Romanian long steel spot market has remained largely stable this week, although the softer sentiment observed in recent weeks continues to weigh on trading activity. Market participants indicate that demand remains limited, with buyers continuing to focus primarily on immediate requirements amid...

12/06/2026

The Bulgarian longs market has faced further pressure this week, as sluggish demand and ongoing liquidity constraints have continued to weigh on market sentiments. Market participants report that buyers have remained cautious, focusing primarily on immediate requirements rather than larger-volume pu...

12/06/2026

Alterations to the UK’s provisional steel import quota measures are highly likely ahead of the policy’s implementation on July 1, 2026, British steel association UK Steel said this week. In March, the UK government unveiled a sweeping support package for its steel sector, combining a long-term i...

12/06/2026

European domestic rebar prices remained steady in the week to Wednesday June 10, despite continued upward pressure from Italian mills amid weak demand and low buyer appetite. Market participants said that consumers remained in a wait-and-see mode, with no significant improvement in demand across Eur...

12/06/2026

The European Commission has proposed the 21st sanctions package against Russia, focusing primarily on energy revenues, the financial sector and sanctions-circumvention networks, while introducing new trade restrictions affecting certain metals, alloys and metal ores, Kallanish notes. In a statement....

12/06/2026

Thyssenkrupp Materials Services, Germany’s largest steel distribution company, with locations elsewhere in Europe and in North America, has renamed itself tk accelis, effective immediately. “The new brand highlights the company’s transformation from a pure materials distributor to a supply cha...

12/06/2026

ArcelorMittal continues to make progress in the digital transformation of its industrial processes and in strengthening product quality control in Spain, Kallanish notes. The steelmaker’s so-called ATRACKSYST steel traceability project has completed the pilot phase and achieved formal validation. ...

12/06/2026

Participants in the closing panel discussion of Kallanish Europe Steel Markets in Vienna this week anticipated steel prices to pick up towards the end of the year. Their views however diverged on the degree of increase and what factors would play a crucial role. The panellists were unanimous about t...

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