Germany-based machine engineering company Sennebogen has opened a new steel plant in Hungary, expanding its capacity for steel assemblies and welded constructions.

AVAADA Group Joins Hands with Tata Steel SEZ Ltd for a Landmark Green Ammonia Plant in Odisha (PRNewsfoto/Avaada Group)

In the period, over 4 million tonnes of its products were sold, representing a year-on-year decrease of 22%.

In the period, over 4 million tonnes of its products were sold, representing a year-on-year decrease of 22%.

A comparison of shipments year-to-date in 2023 to the first seven months of 2022 shows the following changes: hot rolled sheet, up 4 percent, cold rolled sheet, down 1 percent and corrosion resistant sheet, down 2 percent.

Finished Import Market Share Estimated at 21 Percent in August.

Normalized plate pricing also fell by $40/st to $1,730/st.

Liberty Steel is closing one of the three ovens at its Ostrava site in Czechia and there is a growing expectation that the company may idle its last two operational blast furnaces in Europe in the coming months.