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.
- Uncertainty Destabilises Steel Trade in the Emerging Markets
Uncertainty Destabilises Steel Trade in the Emerging Markets
27.02.2020Flat product prices increased in Brazil, Russia and India, this month. In contrast, reductions were noted in China, amid the coronavirus outbreak. Uncertainty continues to unsettle steel purchasing activity in the emerging markets. - Steel Supply Chain Disrupted by Chinese COVID-19 Outbreak
Steel Supply Chain Disrupted by Chinese COVID-19 Outbreak
27.02.2020Market participants, worldwide, are growing increasingly concerned about the coronavirus and the impact it will have on the global steel market. - A Steel City Connection – Sheffield United & MEPS International Ltd.
A Steel City Connection – Sheffield United & MEPS International Ltd.
20.02.2020Much like Sheffield United, MEPS International Ltd. is based in the heart of Sheffield – the Steel City – in South Yorkshire. In 2019, Sheffield United returned to the Premier League after several years in the lower divisions. - Mill Delivery Lead Times to Austrian Steel Buyers Extend
Mill Delivery Lead Times to Austrian Steel Buyers Extend
20.02.2020In Austria, buyers of hot rolled coil question whether recent price hikes are sustainable, amid low-priced competition from Eastern Europe. Cold rolled coil purchasers report that regional mills’ schedules are becoming busier and delivery dates are moving - Mixed Price Trend Witnessed in European Plate Market
Mixed Price Trend Witnessed in European Plate Market
19.02.2020MEPS notes varied price trends across the European steel plate market, in February. Transaction values stabilised or increased modestly, in mainland Europe. - European Steel Mills Lift Prices But Buyers Remain Cautious
European Steel Mills Lift Prices But Buyers Remain Cautious
18.02.2020European strip mill product basis prices continued to move up, in February. Domestic steelmakers adopted a firm stance in negotiations with buyers. - China Drives Stainless Steel Production Surge
China Drives Stainless Steel Production Surge
31.01.2020Annual global crude stainless steel production for 2019 is estimated to have totalled an all-time high figure of 52.9 million tonnes. This represents a year-on-year increase of 4.3 percent. MEPS forecasts a further rise in worldwide outturn of - European Steel Prices Recover as Import Threat Slows
European Steel Prices Recover as Import Threat Slows
23.01.2020The steel market, in the early part of January 2020, was slow, as companies returned from the extended Christmas/New Year celebrations. - Increased Raw Material Costs Boost Steel Prices in the Netherlands
Increased Raw Material Costs Boost Steel Prices in the Netherlands
23.01.2020In the Netherlands, prices for strip mill products began to rise, in January, as in most other Western European countries. Raw material costs are climbing, and the steel market sentiment has been improved by expectations of an upturn in the automotive sec - Changing Parameters in World Stainless Steel Markets
Changing Parameters in World Stainless Steel Markets
23.12.2019World stainless steel markets are in a state of transformation, due to shifts in the established patterns of supply and demand. - US Steel Prices Rise but Cautious Outlook for 2020 Prevails
US Steel Prices Rise but Cautious Outlook for 2020 Prevails
19.12.2019North American flat product selling figures were on a downward trend, for the majority of 2019.