Latest Steel Industry News
Below you will find MEPS Steel Industry 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.
- MEPS’s global steel production and capacity round-up
MEPS’s global steel production and capacity round-up
29.11.2024Nippon Steel’s new promises to US Steel workers, the Posco restructuring plan’s latest closure and stainless steelmakers’ subdued outlook all feature in MEPS’s November global production and capacity round-up. - New US tariffs may prompt stainless steel imports spike
New US tariffs may prompt stainless steel imports spike
29.11.2024Donald Trump’s threat of increased tariffs could provide a short-term uptick in stainless steel imports into the United States, undermining domestic steelmakers’ near-term price rise aspirations. - Election result raises prospect of US steel price rise
Election result raises prospect of US steel price rise
26.11.2024Donald Trump’s re-election as President of the United States has prompted concerns that increased import tariffs will apply downward pressure on steel prices in Europe and Asia. - Steel industry to play key role in Valencia’s recovery
Steel industry to play key role in Valencia’s recovery
20.11.2024Steel-consuming reconstruction works are set to follow Valencia’s devastating October floods, increasing demand in the region. - MEPS podcast explores steelmaking raw materials prices
MEPS podcast explores steelmaking raw materials prices
12.11.2024The latest episode of the Speaking of Steel podcast’s Market in Minutes insight series sheds light on the influence of raw material costs on global steel prices. - Podcast: Speaking of Steel US Election Special
Podcast: Speaking of Steel US Election Special
11.11.2024A US Election Special episode of MEPS’s Speaking of Steel podcast series delivers insight into the effect of Donald Trump’s re-election on the United States steel market. - US long steel product prices to rebound in 2025
US long steel product prices to rebound in 2025
07.11.2024US steel prices for rebar and wire rod are expected to rebound in 2025 after dropping by around 40% since their May 2022 peak. - UK budget brings some clarity to steel sector
UK budget brings some clarity to steel sector
07.11.2024The United Kingdom’s economic budget brought a degree of clarity for steel market participants eager to learn whether the new government’s plans will drive an uptick in demand. - Trump win ends US steel sector’s election uncertainty
Trump win ends US steel sector’s election uncertainty
06.11.2024United States steel market participants hope that a renewed “America First” economic approach will drive increased demand following the re-election of Donald Trump. - Fastener Fair visitors expect long wait for recovery
Fastener Fair visitors expect long wait for recovery
05.11.2024European buyers of cold heading quality (CHQ) wire rod secured modest price reductions for their October-December deliveries amid challenging market conditions, attendees at Milan’s Fastener Fair Italy expo revealed. - MEPS’s global steel mergers and acquisitions round-up
MEPS’s global steel mergers and acquisitions round-up
31.10.2024Aperam’s purchase of Universal Stainless, a change in ownership at Calvert and Acerinox’s sale of Bahru Stainless feature in MEPS International’s October global steel mergers and acquisitions round-up. - Europe’s slow growth to keep stainless prices under pressure
Europe’s slow growth to keep stainless prices under pressure
31.10.2024Europe’s stainless steel producers will be targeting a greater share of their domestic markets after import volumes were maintained amid declining consumption in 2024.
