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.
- September will be key to global pricing fortunes
September will be key to global pricing fortunes
26.07.2022The steel markets, in Europe and North America, appear to be at a crossroads. - Plate prices correct downwards after war-induced surge
Plate prices correct downwards after war-induced surge
20.07.2022Fears about feedstock shortages in the European hot rolled plate market following Russia’s invasion of Ukraine have eased considerably in recent months. - EU steel prices weaken further as summer holidays begin
EU steel prices weaken further as summer holidays begin
19.07.2022European steel prices continued to weaken this month. The general rate of decrease, however, decelerated. Wide price disparities exist between products and regions. - API large-diameter pipe market recovery limited by capacity constraints
API large-diameter pipe market recovery limited by capacity constraints
06.07.2022Global oil and gas prices are currently at considerably higher levels than they were at the start of 2022. Brent Crude Oil is trading firmly above US$100 per barrel, whilst the Dutch TTF Gas Futures price has increased by more than 120 percent since the b - UK extends safeguards as “free trade” argument persists
UK extends safeguards as “free trade” argument persists
05.07.2022In the post-Brexit environment, the British authorities have attempted to forge economic partnerships with many countries, around the world, away from the purported bureaucracy of the regional trading bloc. - Inventory surge triggers rapid EU stainless price fall
Inventory surge triggers rapid EU stainless price fall
30.06.2022Stainless steel buying activity, in Europe, has remained considerably weaker than anyone anticipated following the decline in April. - New Capacity Roundup - June 2022
New Capacity Roundup - June 2022
29.06.2022Here is a selection of the major steelmakers' latest production and capacity investments announced this month. - Soaring inflation weighs heavily on Czech steel market
Soaring inflation weighs heavily on Czech steel market
28.06.2022The inflation rate, in the Czech Republic, has surged above 15 percent – with the prospect of this rising further, in the near future. - Price volatility plagues global steel market
Price volatility plagues global steel market
27.06.2022Global steel market participants report that they have never had it so tough when it comes to buying and selling steel. A unique set of economic and political circumstances has contributed to extreme pricing volatility, in recent years. - Recovery in China could hold the key to global steel price fortunes
Recovery in China could hold the key to global steel price fortunes
24.06.2022The downward trajectory of global steel prices, for both flat and long products, continued in June. Most steel producers, worldwide, will go into the traditional summer period – a seasonally slow time of year – with a sense of trepidation that the bottom - European steel prices slide to pre-war levels
European steel prices slide to pre-war levels
23.06.2022European steel coil prices continued their downward slide, in May and early June. Service centres and distributors refrained from buying, fearing further price erosion. Mills sought orders, in the face of reduced demand.