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.
- ‘Water intensive production’ stalled at Ukraine steel plant
‘Water intensive production’ stalled at Ukraine steel plant
09.06.2023ArcelorMittal is monitoring water levels at Ukraine’s Kakhovka reservoir after the breach in its collapsed dam forced the suspension of “water intensive production” at its Kryvyi Rih steel mill. - EC investigation prompts steel import tariff changes
EC investigation prompts steel import tariff changes
07.06.2023The European Commission (EC) has listed the addition of country-specific tariff rate quotas (TRQ) for some steel imports from Malaysia among proposed changes to its existing safeguard measures. - Why are US stainless steel prices so high?
Why are US stainless steel prices so high?
06.06.2023US stainless steel mills continue to maintain their selling prices at among the highest in the world despite pressure from slowing demand and rising import competition. - Will Turkey’s new stability target boost steel sector?
Will Turkey’s new stability target boost steel sector?
06.06.2023Turkey’s steel sector is awaiting the outcome of the country’s new focus on “price stability” following the reappointment of Mehmet Şimşek as treasury and finance minister. - Production cuts likely as stainless mills seek to bolster prices
Production cuts likely as stainless mills seek to bolster prices
31.05.2023Measures to reduce stainless steel production are expected to become more commonplace as producers try to mitigate against price erosion, amid weak demand. - New Capacity Roundup – May 2023
New Capacity Roundup – May 2023
31.05.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - US hot rolled coil prices decline sharply after April peak
US hot rolled coil prices decline sharply after April peak
30.05.2023The US flat product market, which is historically vulnerable to peaks and troughs, is set for a downward correction after MEPS sources described current prices as “too high”. - MEPS forecasts 2024 EU stainless steel market recovery
MEPS forecasts 2024 EU stainless steel market recovery
26.05.2023MEPS senior consultant Kaye Ayub told attendees at this week’s British Stainless Steel Association (BSSA) annual conference to expect a European stainless steel market recovery in 2024. - Turkish steelmakers hope for rebuild boost
Turkish steelmakers hope for rebuild boost
25.05.2023Anticipation of an acceleration in Turkey’s post-earthquake rebuilding efforts is growing, ahead of next week’s second round of voting in the country’s presidential elections. - MEPS shines spotlight on stainless steel price trends
MEPS shines spotlight on stainless steel price trends
25.05.2023Are stainless steel prices headed into a “downward spiral” amid weak demand and reluctance among buyers who anticipate a cut-price outlook? - Driving evolution: Chinese exports and EVs shift automotive's steel demands
Driving evolution: Chinese exports and EVs shift automotive's steel demands
23.05.2023Chinese car manufacturers’ appetite for growth in electric vehicles (EV) and a drive towards net carbon-neutral car production are set to reshape the automotive sector’s demand for steel during 2023 and beyond.
