SSAB and Metinvest's plans for green metallurgy are presented in this month's MEPS Steel Production and Production Capacity Survey....
Analytics
The market reflects on the EU's tough trade protection proposal
According to manufacturers, subdued demand for stainless steel and low prices may affect the EU market for another four to five months, unless the...
U.S. Car Suppliers will Feel the Impact of Policy Changes
Steel suppliers to the United States automotive sector can benefit from stable or growing demand in 2026, despite declining demand for electric...
Analysis: understanding the EU's proposal to protect steel
The European Commission has unveiled sweeping reforms designed to protect the European steel industry from global overcapacity, paving the way for...
Processing industries are questioning the EU's commitment to protecting steel producers
Industry associations and market participants fear that the replacement of import safeguards proposed by the European Commission could cause lasting...
The EU’US agreement places a "huge burden" on the steel sector
The unchanged 50% duties on steel and 15% duties on metal-thermal products shipped to the United States mean that the new EU-US trade agreement will...
US tariffs will reduce European automakers' demand for steel
Suppliers in Europe's automotive sector fear lower demand for steel as a result of the 25 percent import duties imposed by the United States on...
Fitch Ratings predicts further rise in metal prices due to global geopolitical tensions
Geopolitical risks and growing investor concerns about inflation and sovereign debt should support prices in the short and medium term....
Will the "Clean Industrial Deal" benefit European stainless steel producers?
European stainless steel producers hope to benefit from the new clean industrial production agreement presented by the European Commission on...
MEPS Review of Mergers and Acquisitions in the Global Steel Sector
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...
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...
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...
