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Photo – Megasa acquired French steel supplier SRD
Megasa acquired French steel supplier SRD

The Spanish company is strengthening its presence in Europe

Photo – The fires at ArcelorMittal will provoke a deficit of 1 million tons of hot-rolled steel on the EU market
The fires at ArcelorMittal will provoke a deficit of 1 million tons of hot-rolled steel on the EU market

The main shortage of hot-rolled steel in the EU is expected in the summer 2023

Photo – ArcelorMittal warned of delays in the supply of rolled steel in Europe
ArcelorMittal warned of delays in the supply of rolled steel in Europe

The company is assessing the consequences of fires that occurred at blast furnaces in Spain and France

Photo – ArcelorMittal Dunkirk will operate on one blast furnace
ArcelorMittal Dunkirk will operate on one blast furnace

Recently, there was a fire at one of the three blast furnaces of the plant. The company is evaluating the consequences and cause of the incident

Photo – ArcelorMittal Dunkirk was affected by a fire at BF №4
ArcelorMittal Dunkirk was affected by a fire at BF №4

The fire started in the morning of March 30, 2023, on the roof of the blast furnace, but it was quickly extinguished

Photo – Aperam plans to invest in reducing energy consumption
Aperam plans to invest in reducing energy consumption

The company applies an energy premium of €866/t to the March contracts

Photo – France’s construction sector is experiencing a slowdown
France’s construction sector is experiencing a slowdown

Both prices and sales volumes are decreasing on the rebar market

Photo – Electricity prices rose in most EU countries in February 2023
Electricity prices rose in most EU countries in February 2023

One factor was the rising cost of the carbon contract

Photo – France increased steel production by 33.7% m/m
France increased steel production by 33.7% m/m

Production fell by 16.7% y/y

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