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...
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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...
IREPAS: The global long products market is in a "dramatic situation"
Manufacturers around the world suffer from limited market access and high levels of competition, especially from Russia, which is extremely flexible...
Steel prices are unlikely to rise significantly in the near future - analysts
The problem is that US steel production capacity is growing two to three times faster than demand is growing. "If you are going to increase new...
Steel prices may move up on new data from China
China's NBS Manufacturing PMI improved to 49.4 from 49.2, in line with expectations. The end of the rainy season and support from Beijing could...
Chinese Steel Sector Turned Into Profit and Ready for New Growth
Steel mill profitability, which was negative in July, is back in positive territory as S&P Global Commodity Insights reported Chinese steel...
UBS raises global LFP battery market share forecast to 40% by 2030
New LFP market share expectations raise lithium demand forecasts and lower nickel demand forecasts slightly....
Automotive steel market to exceed $161.75 billion by 2030
Expansion of initiatives to reduce fuel emissions in the automotive sector, as well as a shift in consumer interest in electric vehicles, will...
The US market may begin a collapse in prices for thick sheet
Too much price difference between hot rolled coil and steel plate cannot last for a long time. Analysts expect a sharp decline in steel sheet prices...
High iron ore shortage could halt metallurgy's green transition
Steelmakers are increasingly touting efforts to reduce carbon emissions, but the availability of high-quality iron ore raw materials may become an...
Price volatility hits global steel market
A unique set of economic and political circumstances have contributed to extreme price volatility in recent years. It is generally accepted that a...
Recovery in China could be key to rising global steel prices - MEPS
In June, the trajectory of the decline in world steel prices continued, both for flat and long products. Most steel producers around the world will...
Conflict in Ukraine spurs Europe's drive for clean energy
An analysis by S&P Global Commodity Insights shows that to meet REPowerEU targets, annual solar capacity growth would need to average 47 GW...
US steel market sentiment becomes more price neutral
Most of the respondents surveyed by Platts attributed the stability of U.S. steel prices to declining scrap prices, but Russia's incursion into...
The global high-strength steel market will grow steadily by 5% annually for the next 5 years
The main growth driver for the high-strength and wear-resistant steel market will be the global mining industry....
China steel inventories hit 13-month high amid COVID-19 outbreak
Finished steel inventories in steel mills and CISA-monitored spot markets rose 3% since April 10 and up 8.4% year-on-year to a 13-month high of 33.01...
Slowdown in global auto sector affects steel prices
The ongoing shortage of microchips and quarantine measures are slowing down the automotive sector, which is one of the key consumers of metal...
World alumina production reaches a record 138 million tons
IndexBox has published a new report: "The World - Alumina - Market Analysis, Forecast, Size, Trends and Conclusions". Here is a summary of...
Quotes of scrap and rebar on the London Metal Exchange fell sharply
Scrap prices are falling amid a decrease in buyer activity in non-European markets....
War returns to Europe - how will this affect steel demand?
In the second part of this series, MEPS analysts analyzed the impact of the Russian-Ukrainian war on raw materials for steel production and the cost...
War returns to Europe. How will it affect the regional market of metallurgical raw materials?
MEPS analysts assessed the consequences for the European raw materials market and energy costs from Russia's invasion of Ukraine....
War returns to Europe. How will this affect steel supply?
MEPS analysts analyzed the impact of the Russian-Ukrainian war on the steel market in Western Europe. The first part highlights the possible...
