Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Crude steel production among China's top 10 steelmaking provinces and autonomous regions totaled 518.88 million tonnes over January-September, slipping by 2.9% compared with the first nine months of last year, according to the latest data…
Mining giant Anglo American reported a 4% y/y decline in premium iron ore production in the third quarter of 2026 – to 13.8 million tonnes. Compared to the previous quarter, the figure decreased by 10%.
China’s state-backed iron ore buyer and Rio Tinto Group have reached a multiyear agreement on supplies of the steel-making staple, adding to deals that the group has struck with leading global producers.
Nippon Steel Corp will spend US$3 billion building a hot-strip mill in Pennsylvania, part of its US$11 billion investment plan in newly-acquired US Steel.
The Spanish steel association Unesid is concerned about the insufficient compensation allocated to the industry to cover indirect costs related to carbon emissions in 2026.
Canada's steel industry, among the sectors hit first and hardest by U.S. President Donald Trump's tariffs, is starting to turn a corner thanks to an uptick in mining, energy and AI data center projects as…
Tokyo Steel, a leading Japanese electric arc furnace steel producer, has raised its prices for hot-rolled coils, rebar and I-beams by 3,000 yen/t ($19/t) for November sales.
The American steel producer Nucor has increased the spot price (CSP) for hot-rolled coils by $15 per short tonne compared with the previous week. This is stated in the company’s letter to customers dated 19…
Cleveland-Cliffs returned to profit in Q3 as steel prices and volumes improved and now expects 2027 adjusted EBITDA above $4 billion.
In the first nine months of 2026, production volumes of pig iron, steel and finished rolled products in China stood at 628.4 million tonnes, 724.8 million tonnes and 1.07 billion tonnes respectively. This represents a…
Russia said it struck ArcelorMittal Kryvyi Rih and other Ukrainian infrastructure; Zaporizhstal separately confirmed six missile hits and new damage.
In October, the European scrap metal market, and the German market in particular, has remained generally stable, with moderate price fluctuations of between €5 and €15 per tonne, depending on the region, the grade of…
Canada's steel industry, among the sectors hit first and hardest by US President Donald Trump's tariffs, is starting to turn a corner thanks to an uptick in mining, energy and AI data center projects as…
In September this year, China increased its steel exports by 3.3% compared with the previous month, to 10.49 million tonnes. This was reported by the China Iron and Steel Association (CISA).
The iron ore market in China is characterised by moderate post-holiday demand. Overall, an increase in the supply of this raw material is forecast for the fourth quarter, which will put downward pressure on prices.
US steel producers Nucor Bar Group and Gerdau Long Steel North America have raised their rebar prices by $30 per short tonne.
In September 2026, India’s exports of iron ore and pellets fell by 67.2% compared with the previous month, to 0.7 million tonnes.
The global pipe market is seeing mixed trends, driven by the specific characteristics of pipe products. At the end of September, prices for welded pipes in Turkey, intended for construction, rose by $15/t, whilst quotations…