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.
- ArcelorMittal closure threatens S. Africa longs supply
ArcelorMittal closure threatens S. Africa longs supply
04.01.2024South African steel buyers expect the planned closure of the country’s only iron ore-based long products mill to result in rising import prices. - Global steel production and capacity round-up, Dec 2023
Global steel production and capacity round-up, Dec 2023
02.01.2024The key developments affecting steelmaking production and capacity across the globe during December have been compiled by steel insight provider MEPS International. - UK CBAM to impact stainless steel imports
UK CBAM to impact stainless steel imports
22.12.2023Plans to introduce Carbon Border Adjustment Mechanism (CBAM) import regulations in the United Kingdom may have cost implications for the nation’s stainless steel supply. - Nippon Steel enters definitive agreement to buy US Steel
Nippon Steel enters definitive agreement to buy US Steel
22.12.2023Nippon Steel has asserted that it expects to complete the acquisition of US Steel by quarter three 2024 after entering into a definitive agreement to acquire the company. - UK Government to launch CBAM import regulations in 2027
UK Government to launch CBAM import regulations in 2027
19.12.2023The UK government plans to launch its own Carbon Border Adjustment Mechanism (CBAM) import regulations by 2027. - Germany gives steel support despite 2024 budget tension
Germany gives steel support despite 2024 budget tension
18.12.2023The German government is pressing ahead with financial support for its steel industry’s green transition, despite its recent funding setbacks. - Steel Price Outlook provides 5-year global forecast
Steel Price Outlook provides 5-year global forecast
14.12.2023The publication of MEPS International’s annual Steel Price Outlook report is providing business-critical forecasts for 2024 and beyond. - Global steel production and capacity round-up, Nov 2023
Global steel production and capacity round-up, Nov 2023
01.12.2023November’s key developments to steelmaking operations across the globe have been compiled by steel insight provider MEPS International. - Stainless steelmakers reveal restructure plans
Stainless steelmakers reveal restructure plans
30.11.2023Tens of thousands of tonnes of stainless steel production capacity is set to be affected by the restructuring plans of major steelmakers. - Automotive strikes’ end will settle US steel industry nerves
Automotive strikes’ end will settle US steel industry nerves
27.11.2023The United States’ automotive supply chain will be hoping for a return to business as usual after workers at the country’s ‘Big Three’ carmakers agreed to new employment contracts. Members of the United Auto Workers (UAW) union have signed an agreement wi - Accurate data vital for steel sector success in 2024
Accurate data vital for steel sector success in 2024
24.11.2023Steel price data will play a crucial part in ensuring the profitability of steelmakers, stockists and manufacturers in 2024, says MEPS International.