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.
- Canadian flats and longs: a tale of two products
Canadian flats and longs: a tale of two products
24.02.2022Stark contrasts are currently being witnessed between the markets for flat and long steel products, in Canada. While prices for the former are collapsing, those for the latter are holding firm. - Iron ore traders return to volatile market
Iron ore traders return to volatile market
23.02.2022Iron ore markets started 2022 in a buoyant mood. Prices climbed above US$150 per tonne, in early February. They subsequently slipped, amid the Chinese authorities’ initiatives to discourage speculative trading. - Asian steel market forecast to strengthen post Olympics
Asian steel market forecast to strengthen post Olympics
18.02.2022Beijing has been at the centre of the sporting world as the Olympians donned their national colours during a two-week festival of winter sports. - European plate demand positive but threatened by external factors
European plate demand positive but threatened by external factors
17.02.2022Competitive resale values for hot rolled plate were noted in Germany, in early February, as several distributors sought to offload expensive purchases made in the middle of last year. - EU market sentiment turns positive after price erosion
EU market sentiment turns positive after price erosion
17.02.2022European coil transaction values eroded slightly, in the second part of last month. Ample stock through the supply chain gave buyers time to consider proposed price hikes, and not react in panic. - Global crude steel output recovers from virus
Global crude steel output recovers from virus
01.02.2022Steel-producing nations have recovered from the slump in production caused by the Covid-19 pandemic – with two major exceptions. - Stainless buyers cautious amid nickel price volatility
Stainless buyers cautious amid nickel price volatility
31.01.2022Recent nickel price volatility is making European stainless steel market participants nervous – especially at a time when many fear that a price reversal is on the horizon. - New Capacity Roundup - January 2022
New Capacity Roundup - January 2022
31.01.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - US hot rolled coil prices in freefall
US hot rolled coil prices in freefall
27.01.2022The US steel market has been through a turbulent time, in the past two years. - EU mills push for price hikes amid slow start to 2022
EU mills push for price hikes amid slow start to 2022
21.01.2022The European steel market started slowly in 2022. With Epiphany falling towards the end of the first week of the year, many supply chain participants delayed their return to work to January 10. - UK steel market cautiously optimistic for 2022
UK steel market cautiously optimistic for 2022
06.01.2022Many UK steel suppliers will be heading into 2022 in confident mood, after posting impressive financial results during the past twelve months.