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.
- Global Steel Industry Downturn as COVID-19 Disrupts Supply and Demand
Global Steel Industry Downturn as COVID-19 Disrupts Supply and Demand
26.03.2020It is said that time flies over us but leaves its shadow behind. There is certainly a grey cloud hovering over the steel industry, this month. - Nordic Strip Mill Prices Rise and Lead Times Stretch Before Coronavirus Hits Market
Nordic Strip Mill Prices Rise and Lead Times Stretch Before Coronavirus Hits Market
20.03.2020Strip mill product prices continued to rise, in the Nordic countries, in early - Coronavirus Pandemic Clouds European Steel Price Outlook
Coronavirus Pandemic Clouds European Steel Price Outlook
19.03.2020European strip mill product basis prices continued to move up in late February/early March 2020. Indeed, a number of steelmakers were proposing further hikes, in order to improve their profitability. - Stainless Steel Markets Wane Following January Restocking
Stainless Steel Markets Wane Following January Restocking
28.02.2020Global stainless steel purchasing activity is steady, at a level, generally, a little below that of one year ago. A pickup in order volumes was reported in January. This was boosted by stock replenishment. - Uncertainty Destabilises Steel Trade in the Emerging Markets
Uncertainty Destabilises Steel Trade in the Emerging Markets
27.02.2020Flat product prices increased in Brazil, Russia and India, this month. In contrast, reductions were noted in China, amid the coronavirus outbreak. Uncertainty continues to unsettle steel purchasing activity in the emerging markets. - Steel Supply Chain Disrupted by Chinese COVID-19 Outbreak
Steel Supply Chain Disrupted by Chinese COVID-19 Outbreak
27.02.2020Market participants, worldwide, are growing increasingly concerned about the coronavirus and the impact it will have on the global steel market. - A Steel City Connection – Sheffield United & MEPS International Ltd.
A Steel City Connection – Sheffield United & MEPS International Ltd.
20.02.2020Much like Sheffield United, MEPS International Ltd. is based in the heart of Sheffield – the Steel City – in South Yorkshire. In 2019, Sheffield United returned to the Premier League after several years in the lower divisions. - Mill Delivery Lead Times to Austrian Steel Buyers Extend
Mill Delivery Lead Times to Austrian Steel Buyers Extend
20.02.2020In Austria, buyers of hot rolled coil question whether recent price hikes are sustainable, amid low-priced competition from Eastern Europe. Cold rolled coil purchasers report that regional mills’ schedules are becoming busier and delivery dates are moving - Mixed Price Trend Witnessed in European Plate Market
Mixed Price Trend Witnessed in European Plate Market
19.02.2020MEPS notes varied price trends across the European steel plate market, in February. Transaction values stabilised or increased modestly, in mainland Europe. - European Steel Mills Lift Prices But Buyers Remain Cautious
European Steel Mills Lift Prices But Buyers Remain Cautious
18.02.2020European strip mill product basis prices continued to move up, in February. Domestic steelmakers adopted a firm stance in negotiations with buyers. - China Drives Stainless Steel Production Surge
China Drives Stainless Steel Production Surge
31.01.2020Annual global crude stainless steel production for 2019 is estimated to have totalled an all-time high figure of 52.9 million tonnes. This represents a year-on-year increase of 4.3 percent. MEPS forecasts a further rise in worldwide outturn of
