The purchase of Universal Stainless by Aperam, the change of ownership at Calvert and the sale of Bahru Stainless by Acerinox are featured in MEPS...
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China's recession will slow down steel market recovery in 2025
Rising demand in the EU and modest recovery in the US and Japan will put limited upward pressure on global steel prices in 2025....
Rising financial costs delay API pipeline projects
MEPS respondents remain optimistic that the API line pipe sector will improve in 2025, despite a disappointing year with lower-than-expected sales...
The United States may introduce protective import duties on galvanized steel
U.S. galvanized steel buyers are becoming increasingly wary of imports following a petition calling for trade remedies against 10 countries....
API Linear Pipe Sector Maintains Positive Outlook 8
The medium-term outlook for the API line pipe sector remains positive despite the delays and setbacks the industry has faced in early 2024....
LME rebar contracts rose this week, short-term contango persists
Weekly LME rebar futures trading volumes rose to 25,960 tonnes for the week ended 4 July, up 8,360 tonnes from the 17,600 tonnes recorded for the...
The hydrogen future is in doubt again
The main obstacle to the introduction of new hydrogen-based technologies is global shocks and wars, as well as the bureaucracy of officials and the...
Analytics of the global steel market for 2023 and forecast for 2024
Changes in environmental standards and requirements for sustainable production have also been an important factor for the steel market....
The EU hot-rolled steel market will enter 2024 with weak demand, higher production and uncertainty over trade measures
European hot rolled coil prices showed signs of recovery towards the end of 2023, but the basis for a continuation of this trend into 2024 appears...
Global copper production will exceed demand in 2023-2024 - IWCC
Both indicators will be slightly lower than predicted in May, the IWCC report notes....
China's scrap steel supply will rise in the fourth quarter as consumption rises
Based on an expected scrap steel utilization rate of 30% in China's steel sector by 2025, the Metallurgical Mining Association of China (MMAC)...
Iron ore in Asia is becoming more expensive and will continue to rise in price - S&P
Iron ore prices in Asia hit an 8-month high on the back of solid performance and strong buying, as well as the investment policy of the Chinese...
Low global aluminum stocks should help prices recover quickly
Global aluminum inventories in the warehouses of manufacturers are about 50 days against the background of the fact that Russian metal, which is...
Indian steel demand to grow by 7.5% in fiscal year 2023-24: ISA
Steel demand will be boosted by investment in infrastructure, renewable energy, mining, and the steel sector through a manufacturing-related stimulus...
Iron ore prices continue to fall
Analysts expect the decline in iron ore prices to reach $96.76 per ton by the end of the current quarter and accelerate to $89 per ton by the end of...
Europe's automotive industry braces for tough second half - Argus
European car manufacturers are bracing for increased competition and lower demand in the second half of the year....
International Rebar Exporters Association is pessimistic about steel demand
The main driver of global steel demand, the People's Republic of China, will not be able to stimulate consumption growth this year due to the effects...
Global steel demand to grow by 2.3% - Worldsteel
Persistent inflation and high interest rates in most countries will limit the recovery in steel demand in 2023, with demand growth driven by regions...
China's huge steel capacity hampers the steel market, analysts expect more cuts
China will soon commission more than 200 million tons per year of new liquid steel smelting capacity through swaps. The NDRC is asking major Chinese...
China to increase scrap metal imports, but unlikely to exceed 1 million tons - analysts
In 2021, China revised the quality standards for the scrap sector, requiring that the scrap content of impurities not exceed 0.3-1% for three...
European stainless steel producers ready to raise prices
EU steel mills are aiming for higher prices despite a slow start to 2023. Demand for stainless steel in Europe in the first few weeks of the new year...
S&P: Russia will continue to dominate the steel export market in the Black Sea region
Russian steel exporters, still active on the Black Sea spot market, are cutting production, increasing domestic sales, or trying to export more to...
Fitch Analysts Predict Big Drop in Global Steel Consumption This Year
The outlook for Europe looks bleakest due to high volatile energy prices and the need to reorganize supply chains....
Analysts predict 5% annual growth in the iron casting market through 2030
The global market for iron and steel castings will increase to 2.5 trillion US dollars by 2030 with an annual growth of 5.5% - Spherical Insights...
Commodity prices will fall, metals quotes will rise slightly - Focus Economics
According to economists interviewed by the company, the key risks remain the strengthening of sanctions, the development of the conflict in Ukraine...
Platinum market to face shortage next year - WPIC
The global platinum market is forecast to be in deficit after two consecutive years of large surpluses and nearly 20% demand growth....
Global steel demand falls and will fall by 2.3% in 2022: WorldSteel
A global recovery in steel demand next year is still expected, driven primarily by higher infrastructure spending, but growth of 1% instead of the...
Iron ore prices fall to 11-month low
Iron ore reached its all-time high of 229.50 in May 2021. Today, its quotes on Chinese stock exchanges are at the level of 96 - 97 dollars per ton...
China production cuts in winter will give limited boost to steel markets - Platts
The cuts to be implemented in the fourth quarter are unlikely to lead to large-scale cuts in steel production in China....
Steel prices may rise as manufacturers stop production
As Europe enters winter, it is becoming increasingly unlikely that flat steel prices will remain low. Plant shutdowns could create a shortage of...
