Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Nippon Steel , Japan's biggest steelmaker, expects its annual global crude steel production capacity to rise to at least 100 million metric tons by mid-2030s from 82 million now, as it plans investment-driven expansion in…
Based on final Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,560,000 net tons (NT) of steel in September 2025, including 1,184,000 net tons…
Hot-rolled coil (HRC) prices in China are projected to fluctuate within a certain range this month, with upside potential in the shape of central government macro-economic meetings later this month buffering against the protracted weakness…
Baoshan Iron & Steel (Baosteel), a subsidiary of China Baowu Steel Group, is raising its list prices for hot-rolled carbon steel coil (HRC) for domestic sales in January 2026 by 100 yuan per ton ($14/t).…
China's finished steel exports rose 6.7% on year to 107.72 million tonnes during the first 11 months of 2025, according to the latest data released by the General Administration of Customs (GACC) on December 8.
South Korea's Hyundai Steel has announced a KRW 170 billion ($116 million) investment programme to secure high-grade steel scrap and expand low-carbon emission raw material capabilities by 2032, as electric arc furnace (EAF) production gains…
he American Iron and Steel Institute (AISI) reported today that for the month of October 2025, U.S. steel mills shipped 7,692,319 net tons, a 9.2 percent increase from the 7,047,172 net tons shipped in October…
According to the updated estimates, the average price of iron ore with an iron content of 62% (CFR China) in 2025 will be $100/t against the previous forecast of $95/t, and in 2026 – $90/t…
Jindal Steel International sees government subsidies in Europe as "an important factor" in its strategy for a potential takeover of Thyssenkrupp's steel division (TKSE), the head of its European business was quoted as saying on…
In November, the global square billet market saw mixed price trends, but overall the situation remained stable, with no sharp fluctuations. At the beginning of the month, most major billet markets saw a cautious upward…
China's crude stainless steel output posted an on-month growth of 78,700 tonnes or 2.2% to reach 3.62 million tonnes in October, according to the latest data released by the Stainless Steel Council of China Iron…
Rising production costs and depletion of deposits are shaping a new market structure, despite the emergence of Simandou
The European Commission plans to restrict exports of rare earth waste and battery scrap that can be recycled from early 2026 as part of its push to secure critical raw materials used in electric cars,…
The commissioners of Italy's former ILVA steel plants will launch a 5-billion-euro ($5.83 billion) damages claim against ArcelorMittal, Industry Minister Adolfo Urso said on Wednesday, as the government seeks a new buyer for the steelmaker.
India's JSW Steel will sell the steel business of its unit Bhushan Power and Steel to an equal-stakes joint venture with Japan's JFE Steel for 244.83 billion rupees ($2.72 billion), as it seeks to fund…
American steel producer Nucor has raised its spot price for hot-rolled coil (HRC) for the sixth week in a row. On December 1, the company announced a $5 per short ton increase in its weekly…
The company will switch to producing steel exclusively in EAFs a year earlier than planned
Total production of crude stainless steel worldwide maintained on-year growth during the third quarter of this year, with the total tonnage rising by 2.3% from the same period last year to reach 16.07 million tonnes,…