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.
- UK & US agree way forward on steel tariffs
UK & US agree way forward on steel tariffs
23.03.2022Following several rounds of talks, the United States has agreed to ease tariffs on steel and aluminium imports from the United Kingdom. - Global steel output falls in February
Global steel output falls in February
23.03.2022In February, monthly global crude steel output declined by 5.7%, year-on-year, to 142.7 million tonnes. This figure is also 14.1 million tonnes below the reported output for January 2022. - War returns to Europe - How will it affect steel feedstock?
War returns to Europe - How will it affect steel feedstock?
23.03.2022In the first part of this series, we analysed the effects of the Russia-Ukraine war on steel supply in Western Europe. In part two, we examine the implications for steel feedstock and energy costs. - War returns to Europe - How will it affect steel supply?
War returns to Europe - How will it affect steel supply?
22.03.2022In this series of articles, MEPS analyses the effects of the Russia-Ukraine war on the steel market in Western Europe. In part one, we examine the implications for steel supply. - Steel prices surge as war in Europe disrupts supply chains
Steel prices surge as war in Europe disrupts supply chains
21.03.2022Prior to Russia’s invasion, EU steel producers were attempting to lift prices due to high costs, particularly for energy, but the success of the initiative was mixed. - EU outlaws Russian steel
EU outlaws Russian steel
15.03.2022As part of its fourth package of sanctions against Russia, published on Friday, the European Commission confirmed that it has prohibited imports of key iron and steel goods from Russia into the EU. - War returns to Europe – What does it mean for steel buyers?
War returns to Europe – What does it mean for steel buyers?
09.03.2022After weeks of escalating political tensions, Ukrainian fears of a Russian invasion came to fruition on 24 February 2022. European steel markets are rattled, as the repercussions of the war begin to spread across the globe. - Nickel prices soar amid market panic
Nickel prices soar amid market panic
08.03.2022LME nickel prices closed at more than US$42,000 per tonne on Monday. The following morning, values briefly soared above US$100,000 before dropping, during a frenzied early morning session. - US stainless steel prices rise as ATI seeks Section 232 exemption
US stainless steel prices rise as ATI seeks Section 232 exemption
04.03.2022US stainless steel producers raised their March alloy surcharges for austenitic stainless steels. The North American Stainless 304 flat product surcharge increased to US$1.3067 per pound – an eleven-year high. - New Capacity Roundup - February 2022
New Capacity Roundup - February 2022
28.02.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - Stainless production to reach 58 million tonnes in 2022
Stainless production to reach 58 million tonnes in 2022
28.02.2022MEPS estimates that world stainless steel output climbed by a double-digit percentage, year-on-year, in 2021. Global growth is expected to be three percent, in 2022.
