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.
- MEPS insight: slow market weakens Italy’s steel prices
MEPS insight: slow market weakens Italy’s steel prices
07.02.2024The price growth prompted by steelmakers’ increased quotations on either side of the New Year period appears to be slowing in Italy's flat product market. - Further flat product price rises doubtful in the US
Further flat product price rises doubtful in the US
02.02.2024Flat steel product prices in the United States appear to be at a crossroads. - Global steel production and capacity round-up, Jan 2024
Global steel production and capacity round-up, Jan 2024
02.02.2024Updates to antidumping duties, steel import sanctions and mill operations across the globe are among MEPS International’s latest round-up of developments affecting steelmaking production and capacity. - Technical issues prompt EU CBAM reporting extension
Technical issues prompt EU CBAM reporting extension
01.02.2024Technical issues have forced the European Commission to grant a one-month extension to its first Carbon Border Adjustment Mechanism (CBAM) reporting period. - 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).