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.
- European steel prices lacking clear signal
European steel prices lacking clear signal
22.05.2023In advance of the annual Made in Steel trade fair, held in Milan this month, European steel buyers expressed their uncertainty about future prices and, therefore, held back purchases. - New Capacity Roundup – April 2023
New Capacity Roundup – April 2023
28.04.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - Stainless flat prices fall as Q2 outlook deteriorates
Stainless flat prices fall as Q2 outlook deteriorates
28.04.2023April is traditionally a slow month, in terms of activity, due to holidays in several countries. This year was no different. - Global steel coil prices peak amid mixed market sentiment
Global steel coil prices peak amid mixed market sentiment
27.04.2023The MEPS World average hot rolled coil price exceeded US$1000 per tonne, in April, for the first time since the middle of 2022. - EU mills’ price aspirations unsupported by the market
EU mills’ price aspirations unsupported by the market
21.04.2023From December last year, European flat product steelmakers successfully implemented regular price rises. - New Capacity Roundup – March 2023
New Capacity Roundup – March 2023
31.03.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - EU stainless sector facing reduced demand and prices
EU stainless sector facing reduced demand and prices
31.03.2023Hopes of a second quarter recovery in the European stainless steel market are fading. Stockists and distributors in the region report a weak demand outlook, following relatively low sales volumes in the first three months of 2023. - Steel prices up, demand down in Central Europe
Steel prices up, demand down in Central Europe
28.03.2023Against a backdrop of weak underlying end-user demand and subdued distributor purchasing activity, flat product steel prices in Central Europe continue to soar. - US stainless steel mills attempt to recover market share
US stainless steel mills attempt to recover market share
02.03.2023Preliminary data shows that imports of stainless cold rolled sheet and strip increased slightly in January, although tonnages still fell short of January 2022 levels, by nearly 50 percent. - Stainless steel production forecast at 60mt in 2023
Stainless steel production forecast at 60mt in 2023
27.02.2023MEPS forecasts that global crude stainless steel production will reach 60 million tonnes, in 2023. Significant contributors to this growth will be steelmakers in China and Indonesia. - New Capacity Roundup – February 2023
New Capacity Roundup – February 2023
27.02.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month.