Julia Bolotova

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A summary of Swedish state-owned iron-ore producer LKAB’s financial results for the first quarter of 2021 ending March 31.
Magnitogorsk Iron & Steel Works (MMK) has confirmed plans to resume hot-rolled coil production at its MMK Metalurji subsidiary in Turkey in the third quarter of 2021.
Fastmarkets today, Friday March 12, launches a weekly price assessment for drawing-quality steel wire rod for the Polish domestic market.
Demand for steel in the European Union is expected to rebound by 13.3% year on year in 2021 after a 13% slump in 2020, the European steel association Eurofer said this week.
Fastmarkets proposes to launch a weekly Poland domestic steel wire rod (drawing quality) price assessment to complement Fastmarkets’ existing suite of European long steel prices.
Czech steelmaker Trinecké Železárny plans a major overhaul of one of its two operational blast furnaces this summer, with the aim of reducing its carbon footprint by cutting emissions, the company said this week.
German metals distributor Klöckner & Co has improved its earnings forecasts for the fourth quarter and full year of 2020 due to the ongoing steel market recovery, the company said on Tuesday December 15.
Liberty Steel Group’s move to acquire the steel unit of German industrial conglomerate Thyssenkrupp has moved to the due diligence phase, the UK-based steel company told Fastmarkets on Wednesday, December 2.
European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of the European flat steel market, sources told Fastmarkets.
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