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.
- Lack of investment hampers post-Covid-19 recovery in Finland
Lack of investment hampers post-Covid-19 recovery in Finland
23.06.2020Customers’ workloads in the country are, only now, beginning to reduce, as a result of the measures taken to combat the coronavirus pandemic. - Southern European mills eye price increases despite weak demand
Southern European mills eye price increases despite weak demand
23.06.2020Steel producers in southern Europe are expected to attempt price increases, in the short term. - Nordic market opinion divided over revised steel safeguarding measures
Nordic market opinion divided over revised steel safeguarding measures
22.06.2020Amended safeguarding measures for the EU steel industry will be applied from July 1, 2020. - Optimism slowly returning to the EU steel market?
Optimism slowly returning to the EU steel market?
19.06.2020The mood in the EU steel market, in June, is one of cautious optimism. Demand is beginning to improve, albeit modestly, following the easing of lockdowns and coronavirus restrictions across the continent. - Stainless steel prices forecast to commence gradual recovery
Stainless steel prices forecast to commence gradual recovery
10.06.2020The coronavirus outbreak has severely affected the global stainless steel sector. Although end-user manufacturing facilities are gradually resuming operations, activity levels continue to be considerably below those witnessed pre-Covid-19. - Automotive Industry’s Recovery Delayed by Covid-19
Automotive Industry’s Recovery Delayed by Covid-19
02.06.2020The onset of the Covid-19 pandemic brought many car factories, around the world, to a complete standstill. - European Commission proposes alterations to steel safeguard measures
European Commission proposes alterations to steel safeguard measures
02.06.2020Following the conclusion of the second review period, the European Commission has notified the World Trade Organisation of its proposed amendments to existing steel safeguard measures. - Stainless Steel Order Volumes Remain Low, amid Ongoing Pandemic
Stainless Steel Order Volumes Remain Low, amid Ongoing Pandemic
29.05.2020In the United States, buyers of stainless steel are purchasing minimal quantities, at present. Companies are reluctant to commit to new forward orders because of the uncertain economic environment caused by the Covid-19 pandemic. - Global Stainless Steel Market Faces Protracted Recovery from Covid-19
Global Stainless Steel Market Faces Protracted Recovery from Covid-19
29.05.2020Stainless steel purchasing activity remained at a fairly high level during the first quarter of 2020, as customers continued work on ongoing projects, or took delivery of material from existing contracts. - Polish Steel Demand Mixed as Prices Decline
Polish Steel Demand Mixed as Prices Decline
28.05.2020MEPS recorded a decrease in the price of steel products across the board in Poland, this month. Nonetheless, discounts from the mills did little to prompt an uptick in buying activity. - Brazilian Flat Product Prices Stabilise, while Mexican Values Fall
Brazilian Flat Product Prices Stabilise, while Mexican Values Fall
27.05.2020In Brazil, prices of coil and plate are relatively steady, amid reduced purchasing from distributors and depressed end-user consumption.