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.
- New Capacity Roundup - September 2022
New Capacity Roundup - September 2022
30.09.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - No respite for steel output downturn in August
No respite for steel output downturn in August
28.09.2022In August, global crude steel production fell by 3%, year-on-year, to 150.6 million tonnes, according to the latest monthly statistics published by the World Steel Association. - The steel industry during the Queen’s 70-year reign
The steel industry during the Queen’s 70-year reign
26.09.2022When Queen Elizabeth II ascended the throne in 1952, global crude steel production stood at 212 million tonnes. By the end of her reign, in 2022, it had climbed to 1.9 billion tonnes – a dramatic increase of 800 percent. - European steel buyers seek direction in volatile market
European steel buyers seek direction in volatile market
21.09.2022Demand for steel is slow to recover, after the summer break. Mill production costs continue to increase. Steel purchasers are uncertain about the future direction of the market. - The Death of Her Majesty Queen Elizabeth II
The Death of Her Majesty Queen Elizabeth II
08.09.2022The MEPS family is deeply saddened by the passing of Her Majesty The Queen. - Global stainless output forecast to rise 1% this year
Global stainless output forecast to rise 1% this year
31.08.2022The risk of a global recession starting in the second half of 2022 is heightened. - New Capacity Roundup - August 2022
New Capacity Roundup - August 2022
30.08.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - Largest fall in crude steel production in over a decade
Largest fall in crude steel production in over a decade
26.08.2022The decline in global crude steel production continues. Output fell to 149.3 million tonnes in July – 6.5% lower than in the same month in 2021. - Gas supply woes paralyse Central European steel market
Gas supply woes paralyse Central European steel market
25.08.2022Uncertainty 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 persists
22.08.2022Despite 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 change
18.08.2022One 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.
