Steel

| With a recycling quota of 93.3% of the Tinplate packaging consumed in Germany, packaging steel has retained its top position once again in 2014.

| Revised data on the EU steel market suggest that demand could grow by 1.5% in 2015, on a par with the expected rise in activity of the EU steel consuming sectors. However, third country suppliers rather than domestic producers will be the main beneficiaries from demand growth in the EU market. Weakening domestic order intakes signal that steel buyers are remaining very cautious.

| Billet exports from China “at ever-decreasing prices” have been “truly the cause of the present condition of ferrous scrap values”, BIR Ferrous Division President William Schmiedel of Sims Metal Management in the USA told the body’s latest gathering in Prague on October 27.

| The combined European metals industry today demonstrated their support for the upcoming Circular Economy Package through a common position paper. In Boosting the Circular Management of Metals, the metals sector highlights how it looks forward to an ambitious Circular Economy Package supporting growth, innovation, competitiveness and jobs.

| The World Steel Association (Worldsteel) has released its Short Range Outlook (SRO) for 2015 and 2016. Worldsteel forecasts that global steel demand will decrease by -1.7% to 1,513 Mt in 2015 following growth of 0.7% in 2014. In 2016, it is forecast that world steel demand will show growth of 0.7% and will reach 1,523 Mt.

| The new S-Wing scrap shears with pre-compression by wings are specifically designed for shearing and compacting light to medium-heavy mixed scrap

| New Design Helps Workers to change the belt in 10 minutes.

| The NGO Shipbreaking Platform strongly welcomes IndustriALL's "Campaign to clean up Shipbreaking - the world's most dangerous Job".

| According to the European Aluminium Association (EAA), 7 out of 10 aluminium beverage cans in Europe are recycled.

| Steel supplied on the EU market by European steel producers complies with the European regulations and standards. This is not guaranteed in the case of Chinese steel imported in the EU, notably imports of wire rod, rebar and bar, as well as hot-rolled coil and heavy plate. "Steel made in Europe means reliability in trade, stability of properties during processing and safety in the use of the material", Eurofer Director Axel Eggert says.

| According to Eurofer Director General Axel Eggert, growth in 2015 is not foreseen to be much higher, but more balanced over the year and more harmonised across the steel using sectors.

| The Jeanne D’arc will be dismantled in the Port of Bordeaux during a 32-month project. The company wants to recycle 90 percent of the ship’s material.

| The World Steel Association has released its Short Range Outlook (SRO) for 2014 and 2015. Worldsteel forecasts that global apparent steel use will increase by 2.0% to 1,562 Mt in 2014 following growth of 3.8% in 2013. In 2015, it is forecast that world steel demand will grow by another 2.0% and will reach 1,594 Mt.

| There are grounds for greater optimism given improving prospects for steel demand and encouraging developments with regard to threatened scrap export restrictions, the BIR Ferrous Division meeting in Miami on June 4 was informed by its President, Christian Rubach of Germany-based TSR Recycling.