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Global Steel price rally continues in April

The MEPS world all products composite steel price surged by 9.2 percent, in April, to reach its highest point since September 2015. In April, global steel values escalated for the fourth month in a row. European selling figures rose by ...

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Chinese Steel Price Surge Not Sustainable

The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elevated speculation in the steel futures market, says Fitch Ratings. Fitch expects supply of ...

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International Steel Market Roundup From MEPS

World steel prices have plummeted by 28 percent in the past twelve months, according to MEPS. In November’s release of the International Steel Review, MEPS reports that international market activity for both flat and long products is weak as the ...

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Developing Markets Steel Price Roundup From MEPS

The outlook for demand in Brazil is unchanged. Local steelmakers are under pressure to reduce production targets in line with steel consumption rates. Russian steel producers are growing more pessimistic about the prospects for domestic finished steel consumption in the ...

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November Steel Price Forecast: China’s Mills Not Halting Production

With commodities as a whole experiencing a bearish 2015, many have turned to steel as the obvious scapegoat for the price declines. But despite overcapacity and slumping prices, don’t expect miners and producers to cut supply just yet. According to ...

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No EU Steel Price Recovery until 2016

European steel prices have continued to trend downwards over the last twelve months. The MEPS – EU Average All Products Composite Price is currently 5 percent below the figure recorded in August 2014. Steel selling values now stand at a ...

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Global Steel price declines 25% Y/Y in August

Between the summer of 2014 and April 2015, hot rolled coil selling figures, in the US, lost a third of their value, according to MEPS International. Mills have gradually pushed through small increases in transaction values since that point. Large ...

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Southern European HRC Steel prices edge up to €356 per ton

The Southern European hot rolled cold (HRC) steel prices edged up by €1 per ton week-on-week to €356 per ton ex-works in the week ended July 31, as per the latest figures from the Steel Index. According to TSI, South ...

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Southern European HRC Steel prices decline sharply to €355 per ton

The Southern European hot rolled cold (HRC) steel prices declined sharply by €9 per ton week-on-week to €355 per ton ex-works in the week ended July 24, as per the latest figures from the Steel Index. According to TSI, South ...

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Northern European HRC Steel prices drop sharply to €380 per ton

Northern Europe hot rolled cold (HRC) steel prices dropped sharply by €8 a ton week-on-week to €380 per ton in the week ended July 24, as per the latest figures released by The Steel Index. According to TSI, weakening demand ...

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