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Steel & Metal
- Germany -

Western European Steel Truck Transporters Compete for Orders

Haulage companies specializing in steel transportation in Western Europe are currently facing challenges in securing orders despite having ample capacity. The situation has reversed from a year ago when there was a shortage of drivers and high demand.

The increase in road tolls, particularly in Germany, has significantly raised transport costs, impacting small and medium-sized transport companies.

These companies have had to increase their fees to cover costs, but now find it difficult to lower prices to attract jobs. The steel processing sector could face significant issues if some haulers exit the market due to these extra costs.

Despite the current weak order activity along the steel value chain, transport prices are not expected to drop significantly as haulers need to cover their high operational costs.

Ukrainian Railways Transported 33 Million Tons of Iron Ore for Export in 2024

https://gmk.center/en/news/ukraine-imported-983-49-ths-tons-of-flat-products-in-2024/

Ukrainian Seaports Handled 18.5 Million Tons of Iron Ore in 2024

Hydnum Steel and Gonvarri Industries Lead the Green Steel Revolution in Iberia

Chinese Wire Rod Export Prices Hold Steady Amid Strengthening Market Sentiment

Carbon Neutrality in the Arab Steel Industry

US Assigns Zero Dumping Margin for South Korean Cold-Rolled Steel

Turkey Imported 1.1 Million Tons of Iron Ore from Ukraine in January-November

DMZ Produced 42.9 Thousand Tons of Rolled Steel in 2024

Thyssenkrupp's Green Steel Plan Includes Alternatives to Hydrogen

Joint Venture Between Marcegaglia Steel and Manni Group is Now Operational

Taiwan Scrap Prices Rise Amid Restocking Demand

Morocco Ends Ten-Year Safeguard Measures on Steel Imports

Al Jazeera Steel Profits Surge by 73% in 2024