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.
- Automotive sector challenges extend steel contract negotiations
Automotive sector challenges extend steel contract negotiations
18.10.2024Automotive sector steel contract negotiations are being pushed back as carmakers aim to cut costs and steelmakers seek to avoid a significant reduction in profits. - Meet with MEPS at Euroblech 2024
Meet with MEPS at Euroblech 2024
11.10.2024Visitors to this month’s Euroblech 2024 expo are being invited to meet a member of the MEPS International team to gain insight about European steel prices. - Increased finance costs delay API line pipe projects
Increased finance costs delay API line pipe projects
10.10.2024MEPS respondents remain optimistic about an improvement in the API line pipe sector in 2025, despite a disappointing year with lower-than-expected sales volumes. - Chinese stimulus measures prompt mills’ price rises
Chinese stimulus measures prompt mills’ price rises
09.10.2024A recent rise in Chinese steel prices encouraged steelmakers in other parts of the world to push ahead with their own increased offers. - Steelmakers eager to ‘maximise sales’ at fastener fair
Steelmakers eager to ‘maximise sales’ at fastener fair
08.10.2024MEPS representatives will be sharing steel market insight at Milan's International Exhibition for Fastener and Fixing Technology later this month. - Podcast: Cautious optimism for UK steel sector recovery
Podcast: Cautious optimism for UK steel sector recovery
07.10.2024There are “reasons for optimism” for an upturn in United Kingdom’s steel industry, according to a new Speaking of Steel podcast episode reflecting on insight from the UK Metals Expo 2024. - Podcast: US steel prices to benefit from capacity cuts
Podcast: US steel prices to benefit from capacity cuts
03.10.2024MEPS’s latest Market in Minutes podcast episode heard how the Federal Reserve’s recent interest rate cut and mill maintenance outages should mitigate the downward pressure on US steel prices. - MEPS’s global steel production and capacity round-up
MEPS’s global steel production and capacity round-up
02.10.2024China’s attempts to tackle oversupply and international trade defence measures targeting Chinese-origin steel imports were a key feature of MEPS International’s September global production and capacity round-up. - Eurofer challenges EU stainless steel tariff exemptions
Eurofer challenges EU stainless steel tariff exemptions
02.10.2024Importers have expressed nervousness about Eurofer’s efforts to contest the findings of the European Commission’s countervailing and antidumping investigation into stainless steel imports from Taiwan, Turkey and Vietnam. - UK adds 2.3m tonnes to flat product steel import quota
UK adds 2.3m tonnes to flat product steel import quota
01.10.2024The UK’s Trade Remedies Authority (TRA) has confirmed the creation of a new 2.3 million tonne per year Category 1B quota for steel imported to the United Kingdom for the purpose of downstream processing. - Why beams prices defied September’s steel price decline
Why beams prices defied September’s steel price decline
30.09.2024Medium sections and beams prices bucked the European steel market’s downward price trend on the back of reduced production and an uptick in export activity, MEPS research revealed.