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.
- Italy’s steel plate price puts margins under pressure
Italy’s steel plate price puts margins under pressure
06.06.2024Hot rolled plate prices in Italy are likely to have reached the bottom of the current cycle as production costs continue to apply pressure to steelmakers’ margins. - US steel demand supported by construction’s resilience
US steel demand supported by construction’s resilience
05.06.2024The United States construction sector continues to drive steel demand despite the challenges posed by an evolving supply chain and increased costs resulting from elevated interest rates. - Improving prospects for UK steel beam market
Improving prospects for UK steel beam market
04.06.2024Political and economic developments in the United Kingdom may prove to be the catalyst for improvements in the steel beam market during the second half of 2024. - US stainless prices set for June increase
US stainless prices set for June increase
31.05.2024US transaction values will rise in June in line with published alloy surcharges, following recent increases in raw material costs. - EU stainless supply issues persist as Acerinox strike continues
EU stainless supply issues persist as Acerinox strike continues
31.05.2024Supply issues continue to dominate market discussions in Europe this month as their impact on material availability begins to increase. - Growing defence measures likely after EU’s tariff hikes
Growing defence measures likely after EU’s tariff hikes
30.05.2024Increased calls for sanctions to protect stainless steel producers from the growing capacity of Chinese and Indonesian mills could limit supply options and apply upward pressure to prices. - MEPS’s global steel production and capacity round-up
MEPS’s global steel production and capacity round-up
29.05.2024European steelmakers’ decarbonisation plans, US mills’ capacity expansion and quarterly results from EU stainless producers feature in MEPS International’s latest global production and capacity round-up. - Ukraine production uptick highlights supply sensitivity
Ukraine production uptick highlights supply sensitivity
28.05.2024MEPS respondents in Poland are growing increasingly concerned about the potential effects of oversupply as steelmakers in Ukraine increase production. - Domestic oversupply persists in US rebar market
Domestic oversupply persists in US rebar market
24.05.2024Reinforcing bar producers in the United States lowered their prices during May, despite imported material being largely absent from the market. - US steel buyers find value in Nucor Consumer Spot Price
US steel buyers find value in Nucor Consumer Spot Price
22.05.2024As the second month of Nucor’s reporting of a weekly consumer spot price (CSP) for hot rolled coil (HRC) comes to a close, steel buyers continue their efforts to gauge its influence. - EU EV market central to future automotive steel demand
EU EV market central to future automotive steel demand
21.05.2024The long-term prospects for steel demand from Europe’s automotive manufacturing sector are becoming a growing focus for MEPS research partners.
