Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Leading Japanese steelmakers Nippon Steel and JFE Steel have announced price increases for domestically produced sheet steel. Steelmakers cite rising raw material costs, operating expenses, and logistics costs.
Leading Japanese steelmakers Nippon Steel and JFE Steel have announced price increases for domestically produced sheet steel. Steelmakers cite rising raw material costs, operating expenses, and logistics costs.
In January-February, China reduced steel exports by 8.1% year-on-year – to 15.59 million tons, according to the China Iron and Steel Association (CISA), citing customs data.
Baoshan Iron & Steel Co (Baosteel), a subsidiary of China Baowu Steel Group, is raising prices for key flat steel products, including hot-rolled coil (HRC), by 200 yuan per ton ($29/t) for domestic sales in…
China's finished steel exports declined by 8.1% on year to reach 15.59 million tonnes over January-February, according to the latest statistics from the country's General Administration of Customs (GACC) on March 10.
American steel producer Nucor has raised its spot consumer price (CSP) for hot-rolled coil (HRC) by $5 per short ton compared to the previous week. This is stated in a letter to customers dated March…
The global ferrous scrap market showed mixed dynamics in February 2026 after steady growth in January. In particular, the upward trend continued in the EU and Chinese markets, albeit at a slower pace, while supply…
Rebar output among the 137 Chinese steel mills Mysteel regularly tracks rebounded on week over February 26-March 4, with the production volume rising by around 5% or 82,100 tonnes on week at 1.73 million tonnes,…
Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) stayed largely steady during February 21-28 to average 2.03 million tonnes/day, dropping by a minimal 0.1% from the previous…
The European Commission has confirmed its Industrial Accelerator Act (IAA) legislative proposal includes a stipulation that 25% of steel volume procured for public projects launched from 2029 must be low-emission. However, given the forthcoming new…
After another month in which hot-rolled coil (HRC) prices in China recorded a steady though mild decline in February, domestic HRC prices are projected to firm to some degree this month as a consequence of…
The American Iron and Steel Institute (AISI) reported today that for the month of January 2026, U.S. steel mills shipped 7,583,826 net tons, a 1.7 percent increase from the 7,454,338 net tons shipped in December…
Some Chinese steel exporters have stopped making offers to customers in the Middle East amid obstacles to shipping through the Strait of Hormuz, analysts and two traders told the agency. Freight rates are skyrocketing and…
Danieli Centro Recycling has been selected by Barca Metals, a leading scrap-processing operator in New South Wales, to supply a new shredder-based recycling plant to be installed at the company’s newly developed yard in Razorback,…
In February, average prices for Indian and Brazilian pig iron rose by $20–40/t. The increase was driven by seasonal factors and growing demand in Turkey, as well as the impact of CBAM costs on the…
American steel producer Nucor has raised its spot consumer price (CSP) for hot-rolled coil (HRC) by $15 per short ton compared to the previous week. This is stated in a letter to customers dated March…
In 2025, global stainless steel production increased by 2.1% y/y – to 64.2 million tons. This is evidenced by data from the non-profit organization World Stainless Association.
Japan and South Korean officials urge Indian government to address steel import hurdles at Ministry of Steel event ahead of Bharat Steel 2026.