Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Nucor's HRC price rose to $965/t, while the market is seeing a gradual recovery in demand and prices
South Korea’s Hyundai Steel said its affiliate Hyundai-POSCO Louisiana LLC plans to raise $2.9 billion in capital to invest in steel mill facilities in the US. This is stated in a regulatory filing submitted by…
The Canada Border Services Agency (CBSA) has made final determinations of dumping and subsidising on cast iron soil pipe from China, Kallanish learns from a CBSA press release.
Steel Dynamics posted a rise in fourth-quarter profit on Monday, driven by falling scrap metal costs and stable pricing in its fabrication segment.
India's JSW Steel (JSTL.NS), reported a bigger-than-expected rise in third-quarter profit on Friday, as higher sales volumes helped offset the impact of lower steel prices.
Global steel production in 2025 decreased by 2% year-on-year – to 1.8 billion tonnes. This is evidenced by the World Steel Association’s global ranking of steel-producing countries (70).
China's rebar prices are expected to see moderate gains this year, mainly driven by lower production volumes and higher input costs, according to Mysteel's latest annual report on long steel items.
Global steel producer ArcelorMittal has announced a €30/t increase in hot-rolled coil (HRC) prices in Europe for April deliveries, Fastmarkets reports, citing market sources.
American steel company Nucor has raised its weekly spot price (CSP) for hot-rolled coil (HRC) to $960 per short ton, which is $10/ton higher than a week earlier. This is stated in the company’s official…
Steel production in China fell below 1 billion tons in 2025, reaching its lowest level since 2018. According to the National Bureau of Statistics of China, the country produced 960.81 million tons of steel last…
German companies cut their investments in the US by about 45% in the first year of Donald Trump’s second term, citing uncertainty in trade. This is according to a study by the German Economic Institute…
The Turkish flat steel market remained largely inactive last week, with recent price increases driven by rising costs, leaving producers little room to offer discounts to stimulate trade, market participants tell Kallanish.
China’s hot-rolled coil (HRC) market in 2025 was characterized by a persistent supply-demand mismatch and a steady slide in prices, Mysteel’s annual report on the flat steel concluded. For the year ahead, China’s average prices…
Raw material prices have largely stabilised and moved sideways following the contract rollover on the SHFE and LME. Asian stainless steel prices remained robust amid rising demand. Is thyssenkrupp’s steel division facing further job cuts?…
Following an extensive upgrade project completed by SMS group, Tata Steel Ltd. has successfully rolled the first coils at its Jamshedpur CSP® (Tata Steel TSCR) plant in Jharkhand, India.
China’s export price of SS400 3mm hot-rolled coil (HRC) under Mysteel’s assessment at North China's Tianjin port stood flat over January 5-9 at $455/tonne, Mysteel's latest market roundup showed.
Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of November totaled 1,679,000…
China's steel exports hit a record monthly high ?in December, fuelled by front-loading driven by Beijing's announcement of an export licence requirement for shipments from 2026.