CBAM-induced imports may exacerbate EU oversupply

CBAM-induced imports may exacerbate EU oversupply

Some European stainless steel buyers expect an influx of materials into EU ports by the end of 2025, as importers try to avoid the additional...

Countries and companies are adapting to US steel tariffs

Countries and companies are adapting to US steel tariffs

Governments and companies around the world have been forced to adapt their strategies to the higher tariffs after the United States reinstated 25...

EU steelmakers hope for easing global trade tensions

EU steelmakers hope for easing global trade tensions

European steel producers are hoping that global trade tensions may ease after Britain becomes the first country to conclude a trade agreement with...

TRA unveils proposed restrictions on steel imports from the UK 

TRA unveils proposed restrictions on steel imports from the UK 

The United Kingdom Consumer Protection Authority (TRA) has recommended the introduction of marginal tariff quotas (TRQs) to limit the dominant...

Will the UK's exemption lead to a "dilution" of US steel tariffs?

Will the UK's exemption lead to a "dilution" of US steel tariffs?

The United Kingdom's trade deal with the United States may mark the beginning of a reduction in Article 232 import tariffs and steel prices in...

South Africa imposes 13% duty on hot rolled products

South Africa imposes 13% duty on hot rolled products

The South African government has put an end to the expectation by steel importers of clarity regarding protective duties on imports of hot-rolled...

Review of global steel production and production capacities conducted by MEPs

Review of global steel production and production capacities conducted by MEPs

The UK government has taken control of British Steel's Scunthorpe operations, and Jindal Stainless has promised to strengthen India's...

China's stainless steel production accelerated ahead of tariffs

China's stainless steel production accelerated ahead of tariffs

China's stainless steel production increased to a record 39.44 million tons in 2024, contributing to an increase in global production and...

Steel is exempt from President Trump's retaliatory duties 

Steel is exempt from President Trump's retaliatory duties 

Steel imports to the United States will not be subject to additional tariffs under newly minted bilateral rules unveiled by President Donald Trump....

Rising steel prices have a positive effect on the financial performance of American factories 

Rising steel prices have a positive effect on the financial performance of American factories 

American steelmakers are benefiting from President Donald Trump's proposal to strengthen the domestic steel sector by reinstating 25% Section...

Concerns of the steel sector persist after a pause in the increase of tariffs in the United States

Concerns of the steel sector persist after a pause in the increase of tariffs in the United States

Uncertainty will continue to undermine universal demand for steel, despite the 90-day pause announced by US President Donald Trump in relation to...

Tougher trade protections shift the focus of European steel importers

Tougher trade protections shift the focus of European steel importers

Indonesia has become the preferred destination for many hot-rolled coil buyers in the EU as they seek to fill the shortfall in steel supplies caused...

US tariffs will reduce European automakers' demand for steel 

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...

US Trade standoff to deepen China's Overcapacity concerns

US Trade standoff to deepen China's Overcapacity concerns

Strict new tariffs that restrict trade between China and the United States will reduce demand for Chinese steel, applying further downward pressure...

The Canadian and American steel markets are starting to disorderly separation

The Canadian and American steel markets are starting to disorderly separation

Canada has been hit hard by proposed and actual tariffs since U. S. President Donald Trump returned to office in January....

German manufacturers' prospects have improved after a bad year in 2024

German manufacturers' prospects have improved after a bad year in 2024

The forecasts of the German steel and metalworking industries for the coming months have improved somewhat...

Fitch Ratings predicts further rise in metal prices due to global geopolitical tensions

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?

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

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

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

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

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

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

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 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

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

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

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

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 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...

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