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.
- Mixed price trend for Nordic long products in October
Mixed price trend for Nordic long products in October
26.10.2020In Sweden, wire producers report a modest reduction in demand, this year. Activity in the automotive sector is now showing signs of recovery but price increases for wire rod, in October, were tempered by competition between suppliers. - Nordic hot rolled flat consumption recovers slowly
Nordic hot rolled flat consumption recovers slowly
26.10.2020A gradual recovery in consumption is reported, in Denmark, supporting a modest price increase for hot rolled coil, in October. - Brexit quota proposals unsettle UK structural market
Brexit quota proposals unsettle UK structural market
23.10.2020Many EU-based customers are reluctant to commit to orders with UK bar producers, due to concerns about the end of the Brexit transition period and its potential impact on trade legislation. - French opinion divided about future price increases
French opinion divided about future price increases
23.10.2020Hot rolled coil prices increased during October in northern Europe, but French coil buyers are divided about the prospects for further increases. - Upward price momentum slows in southern Europe
Upward price momentum slows in southern Europe
22.10.2020Italian hot rolled coil domestic basis prices increased in mid/late September before stabilising in the early part of October, as procurement activity softened. - Auto demand continues to drive Polish steel market
Auto demand continues to drive Polish steel market
21.10.2020Reports of medium to strong steel demand persisted throughout October in Poland, with exceptionally buoyant activity for hot dipped galvanised coil. - Covid-19 resurgence causing concern for EU steel buyers
Covid-19 resurgence causing concern for EU steel buyers
21.10.2020The resurgence in Covid cases across Europe is a growing concern for steel buyers. Market participants are either delaying their purchases or increasing them, depending on their outlook and sentiment. - EU implements further stainless steel import protection as Asian capacity grows
EU implements further stainless steel import protection as Asian capacity grows
14.10.2020The increasing dominance of stainless steel production by the Asian continent is not going unnoticed by the European mills. Low production costs and local raw material resources have attracted investments in new facilities in several Asian countries - UK government announces details of post-Brexit steel safeguard measures
UK government announces details of post-Brexit steel safeguard measures
01.10.2020The Department for International Trade, led by The Rt Hon Liz Truss MP, has released guidance for the safeguard measures to be applied on imports of steel products into the United Kingdom, following the conclusion of the Brexit transition period - Polish steel demand bounces back
Polish steel demand bounces back
29.09.2020Steel demand in Poland has bounced back from the lows of the past couple of months. Most segments in the steel market are experiencing an improvement in demand. - US steel prices surge in September
US steel prices surge in September
28.09.2020US steel prices are on a bull run. Following April’s crash, and May/June’s false start, domestic steel producers currently have the bit between their teeth as they look to lift coil prices ever higher.
