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.
- Will Oil Price Collapse Lead to a Crash in Global Steel Prices?
Will Oil Price Collapse Lead to a Crash in Global Steel Prices?
27.04.2020The price of oil has plummeted in recent months. This is creating concern, among market participants, that a crash in steel prices similar to the one recorded in 2015 could develop. - German HRC Prices Slip as Value-Added Products Hold Up
German HRC Prices Slip as Value-Added Products Hold Up
22.04.2020German steel demand slowed, in late March, as a result of the spread of Covid-19, although much of industry remains open. - Steel Purchases Remain at High Levels, in Advance of Covid-19 Measures
Steel Purchases Remain at High Levels, in Advance of Covid-19 Measures
21.04.2020Northern European distributors and service centres reported strong sales. Many customers are believed to have ordered more material than usual, in order to ensure supply. - UK Coil Prices Stabilise as Government Announces Lockdown Extension
UK Coil Prices Stabilise as Government Announces Lockdown Extension
20.04.2020The UK government announced the extension of lockdown restrictions, for at least another three weeks, on April 16. - Supply Crunch Supports European Steel Prices
Supply Crunch Supports European Steel Prices
17.04.2020European strip mill product steel prices were largely unchanged, in late March/early April, despite the major impact of the coronavirus outbreak on the steel sector and the worldwide economy. - Coronavirus Reshapes Stainless Steel Sector
Coronavirus Reshapes Stainless Steel Sector
30.03.2020Global stainless steel markets are being reshaped by the effects of the Covid-19 pandemic. - The COVID-19 Pandemic is Eroding Confidence in The Emerging Markets
The COVID-19 Pandemic is Eroding Confidence in The Emerging Markets
27.03.2020The coronavirus outbreak is resulting in a deterioration of sentiment in the steel sector. Buyers are struggling to adapt to the challenging market conditions. - Global Steel Industry Downturn as COVID-19 Disrupts Supply and Demand
Global Steel Industry Downturn as COVID-19 Disrupts Supply and Demand
26.03.2020It is said that time flies over us but leaves its shadow behind. There is certainly a grey cloud hovering over the steel industry, this month. - Nordic Strip Mill Prices Rise and Lead Times Stretch Before Coronavirus Hits Market
Nordic Strip Mill Prices Rise and Lead Times Stretch Before Coronavirus Hits Market
20.03.2020Strip mill product prices continued to rise, in the Nordic countries, in early - Coronavirus Pandemic Clouds European Steel Price Outlook
Coronavirus Pandemic Clouds European Steel Price Outlook
19.03.2020European strip mill product basis prices continued to move up in late February/early March 2020. Indeed, a number of steelmakers were proposing further hikes, in order to improve their profitability. - Stainless Steel Markets Wane Following January Restocking
Stainless Steel Markets Wane Following January Restocking
28.02.2020Global stainless steel purchasing activity is steady, at a level, generally, a little below that of one year ago. A pickup in order volumes was reported in January. This was boosted by stock replenishment.