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.
- US longs prices fail to pick up despite rising costs
US longs prices fail to pick up despite rising costs
30.01.2023Price trends in the US long product segment traditionally do not scale the heights or plunge to the depths of those for flat rolled steel. - Steel producers’ pricing policy squeezes distributors
Steel producers’ pricing policy squeezes distributors
24.01.2023By the middle of January, several major European steel producers had signalled significant price rises to the market, citing increased input costs. Distributors are sceptical about the longevity of such a move. - New Capacity Roundup - December 2022
New Capacity Roundup - December 2022
22.12.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - Stainless steel price rises on the horizon for 2023
Stainless steel price rises on the horizon for 2023
22.12.2022This year has been another turbulent period for the global stainless-steel industry. However, despite the volatile market, companies throughout the supply chain will post strong financial results. - US HRC values given a timely boost by mill price hikes
US HRC values given a timely boost by mill price hikes
21.12.2022Flat product prices in the US appear to be at a crossroads. The downward trend in basis values continued for much of November. - Demand recovery is the festive wish for steel suppliers
Demand recovery is the festive wish for steel suppliers
16.12.2022During the festive season, children all over Europe wait in eager anticipation of receiving and opening presents. Likewise, steel suppliers across the region are looking forward to the gift of a recovery in demand and prices. - New Capacity Roundup - November 2022
New Capacity Roundup - November 2022
30.11.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month - Stainless steel producers cut output amid weak demand
Stainless steel producers cut output amid weak demand
29.11.2022The global stainless steel sector is currently characterised by deteriorating market sentiment, elevated distributor inventory levels, and inflationary pressures reducing the spending power of consumers. - Weak Asian demand to limit global steel price recovery
Weak Asian demand to limit global steel price recovery
24.11.2022A recovery in global steel prices is likely to be undermined by the ongoing weakness in demand, in China and the wider Asian region. - European hot rolled coil prices maintain downward trend
European hot rolled coil prices maintain downward trend
23.11.2022Western European hot rolled coil prices continued to decline, during the past four weeks. Further reductions are expected in late November and early December. - Energy costs no longer a factor in price negotiations
Energy costs no longer a factor in price negotiations
22.11.2022Elevated energy costs, a consequence of Russia’s invasion of Ukraine, provided the catalyst for rising European steel prices earlier this year.
