Steel market news

EU environment committee accelerates green steel credits for automotive sector

The EU Parliament’s environment committee backed softer auto emissions targets. Credits for EU-made low-carbon steel could fill part of the gap and boost green steel demand. >>

EU Steel Competitiveness Faces Pressure as ETS, CBAM and Import Tariffs Reshape the Market

EU climate rules and tighter import quotas aim to decarbonize steel and protect producers, but rising carbon, energy and investment costs could erode competitiveness. Strong demand may bolster prices and margins. >>

European Steel Prices Rise as Energy Costs Escalating

European steel prices are edging higher as energy costs, tight supply and import curbs support producers, but weak demand limits gains. Romania faces added pressure from economic strain and rising freight costs. >>

Ukraine’s Steel Import Dependence Hits 46.8% as Mill Shutdowns Fuel Shortages

War-driven mill shutdowns pushed Ukraine’s steel import share to 46.8% in 2026. Imports can’t cover a 200,000-ton monthly deficit, as costly, slow logistics hamper supply. >>

UK Steel Slams Budget for Failing to Tackle High Electricity Costs for British Steelmakers

UK Steel says the Budget failed to ease power costs: British producers pay 49% more than French rivals, adding £66m this year. It urges cheaper electricity to support investment and greener steelmaking. >>

SSAB Beats Profit Expectations as EU Import Curbs Lift Steel Prices

SSAB beat Q3 profit forecasts as EU import curbs lifted steel prices and plate supply tightened. Shares fell after analysts flagged a weak fourth-quarter outlook. >>

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