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Steel prices hold up better in Nordic region than in continental Europe

Steel prices have recently held up better in the Nordic region than in continental Europe, according to MEPS International. However, consumption of hot rolled coil is limited leading to increased competition between suppliers. The level of sales, in Sweden, has ...

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Global Crude Stainless Steel production to hit another all-time high in 2014

Global crude stainless steel production is predicted to reach an all-time high of 41 million tonnes in calendar year 2014. This represents a 7.8 percent increase on the previous record figure, set last year, said MEPS International.   According to ...

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Global Steel prices decline for fourth consecutive month in September

Despite a recent slight softening in US flat products transaction prices, they are still very high relative to the rest of the world, according to MEPS International.    This is attracting substantial volumes of imported material. Demand is slowly, but ...

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Indian HRC Steel prices remain unchanged

Negotiated price settlement values, for hot rolled coil, were unchanged in India, said MEPS International in a research note. Stockists report that the domestic market is oversupplied. Imports have only exacerbated the situation. Offers from Asian suppliers of commercial grade ...

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