Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Shares of U.S. Steel dipped after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned takeover of the company required "a degree of management freedom" to go ahead, even as sources told…
In April, imports of steel products decreased by 11.3% y/y, but volumes are still 144 thousand tons higher than exports
The Canadian government will soon announce measures to combat steel dumping from abroad and help local steelmakers affected by US tariffs. This was stated by Industry Minister Melanie Joly, Bloomberg reports.
American steelmaker Nucor Bar Group has raised prices for all types of rebar by $60/t ($3/cwt) for new orders received after June 5, 2025. This is stated in the company’s letter to customers.
China’s leading steelmaker Baosteel maintained the current price levels for flat products for sale on the domestic market in July, Kallanish reports.
The American steel company Nucor has announced an increase in the weekly spot price (CSP) for hot rolled coil (HRC). Offers for the week of June 9-15, 2025 increased by 2.3% or $20/t compared to…
At least three major US steel companies – Steel Dynamics, Commercial Metals Company (CMC) and Gerdau Long Steel North America – have announced a $60 per short tonne price increase for rebar. Kallanish reports this…
Offers for August-shipment 5sp 150mm billet of open origin, either Chinese or ASEAN, have fallen in Manila to $438-440/tonne cfr. Offers were at $440-445/t cfr the week before.
At the beginning of June 2025, the global scrap market demonstrates overwhelming price stability after mixed dynamics in May. Despite some signs of localized growth, particularly in Italy, the overall sentiment remains subdued. Weakening demand…
In May 2025, the hot-rolled coil market in Europe, the US and China showed a general downward trend in prices. In Europe, the decline was driven by weak demand and pressure from cheaper imports, especially…
Chinese steel prices will likely continue heading south this month, predicts Mysteel's chief analyst Wang Jianhua in his latest monthly outlook, blaming the further deterioration of market fundamentals and the continuing absence of government policies…
China's export price for SS400 3mm hot-rolled coil (HRC) from North China's Tianjin port had declined by $7/tonne on week as of May 30 to sit at $455/tonne FOB, according to Mysteel's assessment.
Alarm over China's stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production…
The global rebar market remained volatile in May 2025. Most regions faced weak demand, a seasonal slowdown in construction and pressure on prices. Only China and Turkey showed a slight increase, but the overall dynamics…
A single deep-sea scrap deal was heard from Germany on Tuesday at $343/tonne cfr Türkiye for 13,000 tonnes of HMS 1&2 80:20, and at $363/t cfr for 7,000t of shredded and 6,000t of bonus grade…
The Us Department of Commerce (DOC) has announced the final results of the sunset review of the antidumping duty (AD) orders on welded stainless steel pressure pipe (WSSPP) from Malaysia, Thailand, and Vietnam.
Spot coking coal quotations in China (EXW, Anze) decreased by $2.6/t to $170.72/t between May 16 and 23, according to Kallanish. This situation was caused by negative market sentiment and rising stocks.
???rican steelmaker Nucor announced another reduction in its weekly spot price (CSP) for hot-rolled coil (HRC). Offers for the week of May 26 – June 1, 2025, dropped by 1.1% or $10/t compared to the…