Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Energy company Moeve and steel giant ArcelorMittal have announced the creation of a joint innovation platform on a 50/50 partnership basis. This was reported by Fuelcellsworks.
German steelworks reduced steel production by 1.8 per cent year-on-year in July 2026, to 2.68 million tonnes. Compared with the previous month, the figure fell by 8.7 per cent. This is according to data from…
As of early September, iron ore prices (KORE 62% Fe/Qingdao) had rebounded to over $100/t CFR, whilst in August this commodity had mainly traded within a narrow range of $95–98/t.
The American steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coils by $5 per short tonne compared with the previous week. This is stated in a letter from the company…
ArcelorMittal, one of the world’s largest steel producers, has raised its prices for hot-rolled coil (HRC) in Europe by €20/t ($23/t) for deliveries in November 2026. This was reported by BigMint.
In August this year, China increased its steel exports by 0.3% compared with the previous month, to 10.15 million tonnes. This was reported by the China Iron and Steel Association (CISA).
Global iron ore shipments remained relatively stable in August 2026. Despite subdued demand from the key importer, China, the leading producing countries showed predominantly positive or neutral trends, with the exception of South Africa. This…
The price situation on regional pig iron markets in August was characterised by an upward trend. In the Black Sea region, India and China, prices rose slightly, whilst pig iron prices in Brazil stabilised at…
Singapore Exchange plans to launch new coking coal and steel futures contracts, Tan Tee Yong, its head of commodity derivatives, said on Monday (Jun 15), as the exchange looks to broaden its product offerings, reflecting…
Hyundai Motor Group is betting on steel to expand its manufacturing footprint in the United States, in a strategic move to build a local supply chain that serves not just the automotive industry, but also…
Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks declined slightly on-week during August 28-September 3, according to the results of Mysteel's latest weekly survey.
China Baowu Steel Group, the world's largest steelmaker, is eyeing a minority stake in BHP's Jimblebar iron ore mine in Western Australia, according to two people briefed on the matter.
Mexico has started an anti-dumping ?investigation into imports of steel sheet originating in Japan, according to a resolution published early on Wednesday ?in the country's official gazette.
Shagang Group (Shagang), China's largest electric-arc-furnace steelmaker, has decided to maintain its long-product list prices for sales over September 1-10 from the last eleven days of August, according to the company's latest pricing announcement issued…
Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to raise its rebar list price and buying price of local scrap by TWD 200/tonne ($6.3/t) each on week for…
After the previous week’s $7/tonne increase, China's export prices for hot-rolled coil (HRC) gained further strength during the week of August 24-28, with Mysteel assessing the export price of SS400 3mm commercial-grade HRC at North…
Global prices for coking coal rose significantly in August due to increased demand in China against a backdrop of supply shortages.
The German steel manufacturer Thyssenkrupp Steel has announced a scheduled shutdown of blast furnace No. 2 at its Duisburg plant to carry out partial repairs. This is stated in the company’s press release.