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.
- Demand uptick could strain EU stainless supply
Demand uptick could strain EU stainless supply
08.03.2024The European Commission’s decision to impose import duties on cold rolled stainless steel from Taiwan, Turkey and Vietnam will further tighten the region’s supply. - Reduced slab costs trigger European plate price decline
Reduced slab costs trigger European plate price decline
07.03.2024Europe’s steel plate prices have begun to follow hot rolled coil’s recent decline, ending a period in which limited slab supply had underpinned stable values. - EU imposes stainless steel duties after imports probe
EU imposes stainless steel duties after imports probe
05.03.2024The European Commission has extended definitive countervailing duties on imports of stainless steel cold rolled flat products (SSCR) originating in Indonesia, to material produced in Taiwan, Turkey, and Vietnam. - Global steel production and capacity round-up, Feb 2024
Global steel production and capacity round-up, Feb 2024
05.03.2024Plans for Iberia’s first green steel mill, China’s stainless steel production increase and steelmakers’ latest acquisitions are among MEPS International’s latest global production and capacity round-up. - North American steel prices decline as buyers withdraw
North American steel prices decline as buyers withdraw
04.03.2024Steel mills’ delivery lead times are shortening in the United States as buyers withdraw from the market due to their growing awareness of a coil price decline. - Supply issues slow Canada's flat steel price decline
Supply issues slow Canada's flat steel price decline
04.03.2024The volatility of North American flat product prices shows few signs of abating after regional producers lost a proportion of their recent price gains in a matter of weeks. - Urgent recovery plan may boost EU stainless steel
Urgent recovery plan may boost EU stainless steel
29.02.2024Steel sector leaders were among senior industry figures representing 7.8 million EU workers who have called on the European Commission to stimulate the EU economy as a matter of urgency. - Poland’s EU funding push could stimulate steel market
Poland’s EU funding push could stimulate steel market
26.02.2024Central Europe’s steel industry could benefit from an uplift in activity if the Polish government succeeds in its bid to unlock around EUR60 billion in European Commission funding. - Year of the Dragon may not fire-up Asian steel market
Year of the Dragon may not fire-up Asian steel market
23.02.2024East Asia’s steel market participants appeared unlikely to benefit from the Year of the Dragon’s ‘luck and prosperity’ as market activity resumed following the Lunar New Year celebrations. - EU and UK reviews scrutinise steel import quotas
EU and UK reviews scrutinise steel import quotas
20.02.2024Steel supply and prices will be influenced by the outcome of reviews into steel import safeguard measures launched by both the European Union and United Kingdom in February. - MEPS to deliver CBAM insight to NASS members
MEPS to deliver CBAM insight to NASS members
08.02.2024MEPS International will share insight into the EU Carbon Border Adjustment Mechanism (CBAM) and plans for a UK CBAM at the National Association of Steel Service Centres’ (NASS) February meeting.