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.
- Nordic Flat Steel Demand Weakens as EC Mulls Quota Cuts
Nordic Flat Steel Demand Weakens as EC Mulls Quota Cuts
20.05.2020Purchasing activity remained at a high level, in northern Europe, into April. However, a decline has been observed, in recent weeks. - Activity Returns to the UK Steel Market
Activity Returns to the UK Steel Market
20.05.2020In the UK, demand is weak, compared with previous expectations, but increased activity was noticeable, in recent weeks. Several service centres continued to operate, throughout the lockdown period, with reduced staff. - European Prices Decline Amid Limited Transactions
European Prices Decline Amid Limited Transactions
19.05.2020European buyers of strip mill products are purchasing minimal quantities, at present, due to the Covid-19 pandemic and lockdown measures imposed by the authorities, in individual countries. - German Steel Buyers Revise Their Purchase Volumes
German Steel Buyers Revise Their Purchase Volumes
19.05.2020Germany’s industries are starting to reopen business as normal. As steel buyers return to work, they are revising their purchase quantities, for this year, by postponing and cancelling selected orders. - PMIs Hit Record Lows, as Steel Demand Declines
PMIs Hit Record Lows, as Steel Demand Declines
13.05.2020The global coronavirus pandemic has wreaked havoc on the world’s largest steel producing and consuming nations, as monitored by the MEPS World Steel Production & Consumption Outlook. - How Will Coronavirus Pandemic Affect Global Steel Production in 2020 & 2021?
How Will Coronavirus Pandemic Affect Global Steel Production in 2020 & 2021?
12.05.2020Early indications suggested that 2020 would be a year of modest economic recovery. Activity had been trending downwards since the zenith reached in the spring of 2018. - Stainless Steel Market Adapting to Coronavirus Restrictions
Stainless Steel Market Adapting to Coronavirus Restrictions
04.05.2020Stainless steel service centres and distributors, in many parts of Europe, reported relatively strong sales during the first three months of 2020. - Steel Demand Shows Resilience in Poland and the Czech Republic
Steel Demand Shows Resilience in Poland and the Czech Republic
01.05.2020Steel demand in Poland and the Czech Republic is currently showing resilience, despite the existing coronavirus pandemic restrictions. - Worldwide Crude Stainless Steel Production to Fall by 10% in 2020
Worldwide Crude Stainless Steel Production to Fall by 10% in 2020
30.04.2020Worldwide crude stainless steel production, in 2019, reached an all-time high total of more than 52.2 million tonnes. - Covid-19 Pandemic Hits US Steel Demand and Prices
Covid-19 Pandemic Hits US Steel Demand and Prices
29.04.2020US flat product steel prices are on the decline. Although the US steel sector has been regarded as an “essential industry” during the coronavirus pandemic, demand has deteriorated during the past few weeks. - The Covid-19 Pandemic Halts Steel Trading in Several Emerging Markets
The Covid-19 Pandemic Halts Steel Trading in Several Emerging Markets
28.04.2020Steel trading is temporarily suspended in India and South Africa, due to government measures to contain the spread of coronavirus.