Latest Steel News
Below you will find MEPS Steel News – the latest news from the global steel sector written by our steel market experts. You can sign up here, to receive the latest articles as soon as they are published.
- Gas supply woes paralyse Central European steel market
Gas supply woes paralyse Central European steel market25.08.2022Uncertainty is growing in the Central European steel market. Nevertheless, Polish and Czech producers are likely to be hesitant to make further price concessions, in the post-holiday period, due to soaring energy costs.
- Downward trend in European steel coil prices persists
Downward trend in European steel coil prices persists22.08.2022Despite earlier expectations that the bottom of the cycle had been reached, European steel coil prices continued to trend downwards, during the past month.
- Plus ça change
Plus ça change18.08.2022One year ago, large swathes of Europe were suffering from the aftermath of severe flooding. Transport routes were heavily disrupted, hampering supply of raw materials and finished steel goods.
- Sheffield FC Partnership
Sheffield FC Partnership17.08.2022We're very pleased to be supporting Sheffield FC - The World’s First Football Club this season by sponsoring the MEPS International Lounge for the 2022/23 season
- New Capacity Roundup - July 2022
New Capacity Roundup - July 202229.07.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month.
- Shift in US stainless market leads to rapid stock build
Shift in US stainless market leads to rapid stock build28.07.2022In the period since April, a rapid shift in market fundamentals has occurred, in the US stainless steel sector.
- Global crude steel production fails to recover in June
Global crude steel production fails to recover in June26.07.2022Figures from worldsteel show that global crude steel output came to 158.1 million tonnes in June – down 5.9% compared with the same month in 2021. Total outturn for the first half of the year is 949.4 million tonnes.
- September will be key to global pricing fortunes
September will be key to global pricing fortunes26.07.2022The steel markets, in Europe and North America, appear to be at a crossroads.
- Plate prices correct downwards after war-induced surge
Plate prices correct downwards after war-induced surge20.07.2022Fears about feedstock shortages in the European hot rolled plate market following Russia’s invasion of Ukraine have eased considerably in recent months.
- EU steel prices weaken further as summer holidays begin
EU steel prices weaken further as summer holidays begin19.07.2022European steel prices continued to weaken this month. The general rate of decrease, however, decelerated. Wide price disparities exist between products and regions.
- API large-diameter pipe market recovery limited by capacity constraints
API large-diameter pipe market recovery limited by capacity constraints06.07.2022Global oil and gas prices are currently at considerably higher levels than they were at the start of 2022. Brent Crude Oil is trading firmly above US$100 per barrel, whilst the Dutch TTF Gas Futures price has increased by more than 120 percent since the b