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.
- 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. - 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.
