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.
- Steel Demand Shows Resilience in Poland and the Czech Republic
Steel Demand Shows Resilience in Poland and the Czech Republic
01.05.2020Steel demand in Poland and the Czech Republic is currently showing resilience, despite the existing coronavirus pandemic restrictions. - Worldwide Crude Stainless Steel Production to Fall by 10% in 2020
Worldwide Crude Stainless Steel Production to Fall by 10% in 2020
30.04.2020Worldwide crude stainless steel production, in 2019, reached an all-time high total of more than 52.2 million tonnes. - Covid-19 Pandemic Hits US Steel Demand and Prices
Covid-19 Pandemic Hits US Steel Demand and Prices
29.04.2020US flat product steel prices are on the decline. Although the US steel sector has been regarded as an “essential industry” during the coronavirus pandemic, demand has deteriorated during the past few weeks. - The Covid-19 Pandemic Halts Steel Trading in Several Emerging Markets
The Covid-19 Pandemic Halts Steel Trading in Several Emerging Markets
28.04.2020Steel trading is temporarily suspended in India and South Africa, due to government measures to contain the spread of coronavirus. - Will Oil Price Collapse Lead to a Crash in Global Steel Prices?
Will Oil Price Collapse Lead to a Crash in Global Steel Prices?
27.04.2020The price of oil has plummeted in recent months. This is creating concern, among market participants, that a crash in steel prices similar to the one recorded in 2015 could develop. - German HRC Prices Slip as Value-Added Products Hold Up
German HRC Prices Slip as Value-Added Products Hold Up
22.04.2020German steel demand slowed, in late March, as a result of the spread of Covid-19, although much of industry remains open. - Steel Purchases Remain at High Levels, in Advance of Covid-19 Measures
Steel Purchases Remain at High Levels, in Advance of Covid-19 Measures
21.04.2020Northern European distributors and service centres reported strong sales. Many customers are believed to have ordered more material than usual, in order to ensure supply. - UK Coil Prices Stabilise as Government Announces Lockdown Extension
UK Coil Prices Stabilise as Government Announces Lockdown Extension
20.04.2020The UK government announced the extension of lockdown restrictions, for at least another three weeks, on April 16. - Supply Crunch Supports European Steel Prices
Supply Crunch Supports European Steel Prices
17.04.2020European strip mill product steel prices were largely unchanged, in late March/early April, despite the major impact of the coronavirus outbreak on the steel sector and the worldwide economy. - Coronavirus Reshapes Stainless Steel Sector
Coronavirus Reshapes Stainless Steel Sector
30.03.2020Global stainless steel markets are being reshaped by the effects of the Covid-19 pandemic. - The COVID-19 Pandemic is Eroding Confidence in The Emerging Markets
The COVID-19 Pandemic is Eroding Confidence in The Emerging Markets
27.03.2020The coronavirus outbreak is resulting in a deterioration of sentiment in the steel sector. Buyers are struggling to adapt to the challenging market conditions.