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.
- EU mills’ price aspirations unsupported by the market
EU mills’ price aspirations unsupported by the market
21.04.2023From December last year, European flat product steelmakers successfully implemented regular price rises. - New Capacity Roundup – March 2023
New Capacity Roundup – March 2023
31.03.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - EU stainless sector facing reduced demand and prices
EU stainless sector facing reduced demand and prices
31.03.2023Hopes of a second quarter recovery in the European stainless steel market are fading. Stockists and distributors in the region report a weak demand outlook, following relatively low sales volumes in the first three months of 2023. - Steel prices up, demand down in Central Europe
Steel prices up, demand down in Central Europe
28.03.2023Against a backdrop of weak underlying end-user demand and subdued distributor purchasing activity, flat product steel prices in Central Europe continue to soar. - US stainless steel mills attempt to recover market share
US stainless steel mills attempt to recover market share
02.03.2023Preliminary data shows that imports of stainless cold rolled sheet and strip increased slightly in January, although tonnages still fell short of January 2022 levels, by nearly 50 percent. - Stainless steel production forecast at 60mt in 2023
Stainless steel production forecast at 60mt in 2023
27.02.2023MEPS forecasts that global crude stainless steel production will reach 60 million tonnes, in 2023. Significant contributors to this growth will be steelmakers in China and Indonesia. - New Capacity Roundup – February 2023
New Capacity Roundup – February 2023
27.02.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - Turkish earthquake to impact global steel supply chain
Turkish earthquake to impact global steel supply chain
23.02.2023Demand for steel had been picking up, in Turkey, particularly from the real estate sector. - Upward momentum for European flat product prices stalls
Upward momentum for European flat product prices stalls
17.02.2023The earthquakes which struck Turkey and Syria, on 6 February, devastated buildings and cost many thousands of lives. Full reconstruction will take several years. - New Capacity Roundup – January 2023
New Capacity Roundup – January 2023
31.01.2023Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - EU mills aim for price rises despite slow start to 2023
EU mills aim for price rises despite slow start to 2023
31.01.2023Demand for stainless steel, in Europe, was slow to emerge, in the first few weeks of the new year. Distributors report that enquiry levels are high and sales volumes are steady.
