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French HRC Steel prices remain flat: MEPS

In France, hot rolled coil prices are unchanged month-on-month, said MEPS Internationalin a research note. Negotiations are ongoing in many instances but buyers remain unsure that the higher price can be implemented.   According to MEPS, hot rolled plate basis ...

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German HRC Steel market posts down trend so far in July

There has been some downward pressure detected in the German hot rolled coil steel market, according to MEPS. A number of service centres have financial difficulties as end-users press for reductions. Consequently, they in turn, are calling for discounts from ...

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European Steel market continues to weaken ahead of Summer holidays: MEPS

Activity in the European flat products market is quiet ahead of the summer holidays, according to MEPS research. Although consumption is strengthening in several countries and economic indicators are good, producers, keen to book orders, have agreed to further small ...

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North European Steel prices remain under negative pressure so far in July

MEPS research reveals that strip mill product selling values have decreased, across the Nordic region, in euro terms, so far in July.    Consequently, mill profit margins have been squeezed. Demand for hot rolled coil remained stable at a low ...

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China’s Steel Industry Is In Need of Radical Reform.

China’s steel industry is in need of radical reform. It has become bloated. Similar occurrences developed in North America, Europe and Japan in the latter part of the last century. In all cases, to solve the problem it was necessary ...

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