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.
- Turkish earthquake to impact global steel supply chain
Turkish earthquake to impact global steel supply chain
23.02.2023Demand for steel had been picking up, in Turkey, particularly from the real estate sector. - Upward momentum for European flat product prices stalls
Upward momentum for European flat product prices stalls
17.02.2023The earthquakes which struck Turkey and Syria, on 6 February, devastated buildings and cost many thousands of lives. Full reconstruction will take several years. - New Capacity Roundup – January 2023
New Capacity Roundup – January 2023
31.01.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - EU mills aim for price rises despite slow start to 2023
EU mills aim for price rises despite slow start to 2023
31.01.2023Demand for stainless steel, in Europe, was slow to emerge, in the first few weeks of the new year. Distributors report that enquiry levels are high and sales volumes are steady. - US longs prices fail to pick up despite rising costs
US longs prices fail to pick up despite rising costs
30.01.2023Price trends in the US long product segment traditionally do not scale the heights or plunge to the depths of those for flat rolled steel. - Steel producers’ pricing policy squeezes distributors
Steel producers’ pricing policy squeezes distributors
24.01.2023By the middle of January, several major European steel producers had signalled significant price rises to the market, citing increased input costs. Distributors are sceptical about the longevity of such a move. - New Capacity Roundup - December 2022
New Capacity Roundup - December 2022
22.12.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - Stainless steel price rises on the horizon for 2023
Stainless steel price rises on the horizon for 2023
22.12.2022This year has been another turbulent period for the global stainless-steel industry. However, despite the volatile market, companies throughout the supply chain will post strong financial results. - US HRC values given a timely boost by mill price hikes
US HRC values given a timely boost by mill price hikes
21.12.2022Flat product prices in the US appear to be at a crossroads. The downward trend in basis values continued for much of November. - Demand recovery is the festive wish for steel suppliers
Demand recovery is the festive wish for steel suppliers
16.12.2022During the festive season, children all over Europe wait in eager anticipation of receiving and opening presents. Likewise, steel suppliers across the region are looking forward to the gift of a recovery in demand and prices. - New Capacity Roundup - November 2022
New Capacity Roundup - November 2022
30.11.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month