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.
- TRA reveals proposed caps on UK steel imports
TRA reveals proposed caps on UK steel imports
14.05.2025The United Kingdom’s Trade Remedies Authority (TRA) has recommended the introduction of tariff-rate quota (TRQ) caps to limit individual countries’ dominance of certain steel import categories. - Podcast: Can British Steel succeed in tough UK market?
Podcast: Can British Steel succeed in tough UK market?
12.05.2025UK Steel director general Gareth Stace has told MEPS’s Speaking of Steel podcast that government must create a “competitive business environment” for domestic steelmakers after it stepped in to save British Steel’s Scunthorpe operations. - Will UK exemption begin ‘erosion’ of US steel tariffs?
Will UK exemption begin ‘erosion’ of US steel tariffs?
09.05.2025The United Kingdom’s trade deal with the United States could mark the start of an erosion of Section 232 import tariffs and US steel prices. - Podcast: tariff uncertainty stalls US steel prices
Podcast: tariff uncertainty stalls US steel prices
06.05.2025The United States’ recent surge in steel prices has stalled as many businesses feel “paralysed” by uncertainty about import tariffs, according to MEPS’s new podcast. - South Africa introduces 13% duty on hot rolled steel
South Africa introduces 13% duty on hot rolled steel
02.05.2025The South African government has ended steel importers’ wait for clarity on its steel import safeguard duty on hot rolled coil and plate with the imposition of a 13% rate from May 1. - MEPS’s global steel production and capacity round-up
MEPS’s global steel production and capacity round-up
01.05.2025The UK government took control of British Steel’s Scunthorpe operations and Jindal Stainless vowed to strengthen India’s “self-reliance in stainless steel manufacturing” as the importance of domestic steelmaking made headlines across the world, this month - China’s stainless output accelerated ahead of tariffs
China’s stainless output accelerated ahead of tariffs
01.05.2025China’s stainless steel output grew to a record 39.44 million tonnes in 2024, contributing to the increased global production applying downward pressure to prices. - MEPS forecasts provide clarity amid uncertainty
MEPS forecasts provide clarity amid uncertainty
30.04.2025An increase in import tariffs and other trade defence measures has left steel market participants in no doubt about the complex and ever-evolving factors that influence global steel prices. - Canadian and US steel markets begin messy separation
Canadian and US steel markets begin messy separation
24.04.2025Canada has been hard hit by proposed and actual tariffs since US President Donald Trump returned to office in January. - US trade standoff to deepen China’s overcapacity issues
US trade standoff to deepen China’s overcapacity issues
24.04.2025Stringent new tariffs that restrict trade between China and the United States will reduce Chinese steel demand, applying further downward pressure to prices. - US tariffs to reduce European carmakers' steel demand
US tariffs to reduce European carmakers' steel demand
17.04.2025Suppliers to Europe’s automotive sector fear a reduction in steel demand as a result of the 25% import tariffs imposed by the United States on March 26. - Tighter trade defences shift EU steel importers’ focus
Tighter trade defences shift EU steel importers’ focus
11.04.2025Indonesia has become many EU hot rolled coil buyers’ source of choice as they seek to fill steel supply gaps created by the European Commission's revised import safeguard measures and new antidumping duties.
