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.
- Hup Holland Hup!
Hup Holland Hup!
25.06.2021With the summer holiday period fast approaching, steel buyers in the Netherlands can look forward to some relaxation and football, at least temporarily. - How did steel prices reach record highs during a global pandemic?
How did steel prices reach record highs during a global pandemic?
22.06.2021In the past twelve months, the MEPS Europe hot rolled coil price has increased by more than €700 per tonne. How did this unprecedented situation transpire? - Mixed signals from European steel market
Mixed signals from European steel market
21.06.2021At the start of June, the direction of European steel coil prices became unclear. The rate of increase had slowed. The automobile industry cut back output, because of the semiconductor shortage. - Shortages continue to drive up EU stainless steel prices
Shortages continue to drive up EU stainless steel prices
02.06.2021Limited availability continues to propel European stainless steel prices on an upward trajectory. The MEPS published European average transaction value, for 304 cold rolled coil, increased by approximately €140 per tonne, in May. - All-time high forecast for global crude stainless steel production in 2021
All-time high forecast for global crude stainless steel production in 2021
28.05.2021After the production slump recorded last year, global crude stainless steel output is predicted to rebound strongly, to 55 million tonnes, in 2021. This is an increase of more than 8 percent from the figure recorded in 2020. - Global steel price records continue to be broken
Global steel price records continue to be broken
24.05.2021Steel transaction values are at levels not seen before. The MEPS global averages, for strip mill products, moved to new record highs in May. - EU long product prices surge as financial problems grow
EU long product prices surge as financial problems grow
20.05.2021Prices for European long products gradually started to rise, in late April. The increases accelerated during the first half of May. This trend is set to continue until the summer. - Take it to the limit
Take it to the limit
18.05.2021Credit limits and financing within the steel industry are becoming the major topic of the day, even ahead of material availability. - South African market reels from steel shortages
South African market reels from steel shortages
04.05.2021South Africa has not been spared the global trend of steel shortages created by the coronavirus pandemic. Over the past year, supply chain interruptions were compounded by the quick and necessary national lockdown restrictions. - US steel coil prices regain upward momentum
US steel coil prices regain upward momentum
30.04.2021US coil prices continue their rapid ascent, after earlier indications that they were losing upward momentum. Domestic hot rolled coil prices now exceed US$1400 per short ton. - US stainless steel shortages expected to continue
US stainless steel shortages expected to continue
29.04.2021The pandemic-induced imbalance between supply and demand, for stainless steel flat products, in the United States, will intensify over the next few months.
