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.
- China drives global stainless steel production growth
China drives global stainless steel production growth
31.01.2024China registered a double-digit percentage rise in stainless steel production to ensure that global melt shop output rose by 2.5% year-to-date in the first nine months of 2023. - Exports key to China's 2024 economic growth
Exports key to China's 2024 economic growth
29.01.2024China’s steelmakers will be closely monitoring the effect of rising shipping costs as the Red Sea conflict continues to divert commercial cargo vessels away from the Suez Canal. - Steel sector unsettled by Red Sea shipping crisis
Steel sector unsettled by Red Sea shipping crisis
26.01.2024Attacks on cargo vessels destined for the Suez Canal will reduce the influence of new Asian steel import offers after revised shipping routes increased costs and extended delivery lead times. - Interview: MEPS insight into Tata’s Port Talbot plan
Interview: MEPS insight into Tata’s Port Talbot plan
23.01.2024MEPS International steel market analyst Jonathon Carruthers-Green has shared insight into Tata Steel’s decision to close its Port Talbot blast furnaces on LBC News radio. - API steel outlook defies oil and gas supply uncertainty
API steel outlook defies oil and gas supply uncertainty
23.01.2024Disruption to Red Sea shipping routes caused by attacks on cargo vessels did not trigger the expected uplift in oil and gas prices. - Tata Steel UK's EAF plan aims to ‘reverse losses’
Tata Steel UK's EAF plan aims to ‘reverse losses’
19.01.2024Tata Steel will close its two Port Talbot blast furnaces this year as part of a transition to EAF-based green steel production which aims to “reverse more than a decade of losses”, the company said. - Updated Q&A: How CBAM will transform EU steel imports
Updated Q&A: How CBAM will transform EU steel imports
15.01.2024MEPS International has updated its one-stop Q&A to answer some of the steel sector’s most frequently asked questions about the European Commission’s Carbon Border Adjustment Mechanism (CBAM). - Steel market focus: five top market trends of 2024
Steel market focus: five top market trends of 2024
10.01.2024MEPS International has identified five top trends that will be central to steel price trends and the wider market’s direction in 2024. - EU CBAM’s default carbon emissions values published
EU CBAM’s default carbon emissions values published
08.01.2024Steel importers and producers are being urged to “get their house in order” following the publication of default embedded carbon emissions values and other key updates to the EU CBAM. - 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.
