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.
- Czech steel contract buyers secure H2 price reductions
Czech steel contract buyers secure H2 price reductions
25.07.2024Central Europe's flat steel producers were forced to make price concessions during recent contractual negotiations, with Czech buyers, for the second half of 2024. - Section 232 update increases US trade defence measures
Section 232 update increases US trade defence measures
24.07.2024Mexican steel imports into the United States will now be subject to 25% Section 232 tariffs unless proof is provided that the products were melted and poured in North America. - UK and French elections shake-up steel demand outlook
UK and French elections shake-up steel demand outlook
18.07.2024Election results in France and the United Kingdom resulted in differing steel demand expectations among MEPS's research respondents during July. - Three reasons why iron ore price increases are unlikely
Three reasons why iron ore price increases are unlikely
16.07.2024Iron ore prices, which have slumped because of weak demand from China, are unlikely to recover in the coming months, MEPS analysis indicates. - Speaking of Steel Podcast Ep.1: EU import safeguards
Speaking of Steel Podcast Ep.1: EU import safeguards
10.07.2024MEPS International’s new Speaking of Steel podcast has heard how the July 1 amendments to the EU’s steel import safeguard measures effectively “changed the rules of the game, during the game”. - API line pipe sector maintains positive outlook
API line pipe sector maintains positive outlook
08.07.2024The medium-term outlook for the API line pipe sector remains positive, despite delays and setbacks experienced by the industry in early 2024. - Acerinox's return will add to stainless price pressure
Acerinox's return will add to stainless price pressure
05.07.2024An end to strike action at Spanish steelmaker Acerinox’s Los Barrios plant is expected to apply downward pressure to European stainless steel prices in the coming months. - Data centre construction boosts US steel consumption
Data centre construction boosts US steel consumption
04.07.2024US Census Bureau statistics have highlighted data centre developments as one of the few bright spots in a construction sector weighed down by elevated interest rates. - Falling steel prices reduce US mills’ Q2 profits
Falling steel prices reduce US mills’ Q2 profits
02.07.2024Several US steel companies have issued lower profit guidance for the second quarter of 2024, citing downward pressure on prices as a significant factor. - HRC supply risk remains after UK import rules extension
HRC supply risk remains after UK import rules extension
02.07.2024A two-year extension of the UK’s import safeguard measures has not addressed the nation’s need for increased steel resulting from the closure of Tata Steel’s blast furnaces at Port Talbot. - EU import cap will add to East Asia’s oversupply issues
EU import cap will add to East Asia’s oversupply issues
01.07.2024New volume caps on hot rolled coil imports into Europe will place unwanted constraints on the export aspirations of Japanese, Taiwanese and Vietnamese steelmakers.
