Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
MEPs call on the EC to develop effective restrictions on steel imports
The new protective instrument should provide comprehensive coverage of products and address the issue of circumvention
France announces bonus for EVs with European batteries
The French government has announced an additional bonus of €1,000 ($1,170) for the purchase of electric vehicles assembled in Europe, equipped with a European battery, Kallanish learns.China's HRC output falls faster to hit 3-m low
Hot-rolled coil (HRC) production among the 37 Chinese steelmakers surveyed by Mysteel nationwide fell for a second week to reach 3.14 million tonnes over August 28-September 3, hitting a three-month low with a faster on-week…
September to see China's steel prices soften
China's steel prices are expected to come under pressure in September and cancel out last month's gains, mainly because supply remains loose. This is according to the most recent survey of the steel sector's health…China's year-to-date steel exports rise 10%
China's finished steel exports fell 3.3% month-on-month in August to a six-month low of 9.51 million tonnes but saw a year-on-year growth of 1.6%, according to data released by the General Administration of Customs.
TSX hits another record high after blockbuster mining sector deal
Canada's commodity-heavy main stock index edged up to a record high on Tuesday as energy stocks climbed and Teck Resources Ltd agreed to merge with London-listed miner Anglo American.
Finished Import Market Share Estimated at 16 Percent in August
Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of August totaled 1,876,000…
July Steel Shipments Down 0.7 Percent From Prior Month
The American Iron and Steel Institute (AISI) reported today that for the month of July 2025, U.S. steel mills shipped 7,797,929 net tons, an 8.9 percent increase from the 7,160,731 net tons shipped in July…Canada imposes provisional AD duties on steel wire from 10 nations
On September 4, 2025, the Canada Border Services Agency (CBSA) issued a preliminary dumping determination on certain carbon and alloy steel wire originating in or exported from China, Taiwan, India, Italy, Malaysia, Portugal, Spain, Thailand,…Cochilco forecasts continued lithium demand, price growth
Chilean state copper commission Cochilco says lithium demand will continue to grow this and next year, with prices maintaining the recovery path.Upstream steelmaking chain undergoes relocation: Vale
Part of the upstream steelmaking chain will relocate to regions with cost-competitive energy, says Vale, with "mega hubs" in these regions set to host the iron ore concentration, briquetting and reduction phases before shipping to…China August rare earth exports fall 3.4% on month
The world's largest producer of rare earths last month exported 5,792 metric tons of a group of 17 minerals used in products vital for autos, consumer electronics and defence, data from the General Administration of…Worldstainless: Global Q2 crude stainless output rises 3% on year
Total production of crude stainless steel worldwide gained again during the second quarter of this year, with the total tonnage up 3.1% on year at 16.36 million tonnes, according to new data released by Brussels-based…The global hot-rolled coil market showed mixed trends in August
The global hot-rolled coil market developed unevenly in August 2025. European prices rose due to expectations of regulatory changes, while the US saw a decline due to weak demand and excess supply. The Chinese market…Iron ore prices remained stable in August despite market volatility
In August 2025, the iron ore market was marked by increased volatility, but at the end of the month, prices returned to levels close to those in July. January futures on the Dalian Commodity Exchange…China's steel prices seen sliding further in September
Chinese steel prices are expected to continue tracking lower in September, reflecting the persistently weak fundamentals in domestic ferrous markets, Mysteel's chief analyst Wang Jianhua predicts in his latest monthly outlook.
Japan's rebar market unmoved by hefty price hike
The surprise announcement made late last week by Tokyo-based rebar sales company Kanto D-bar Steel that it was raising its sales price by Yen 5,000/tonne ($34/t) from September 1 seems unlikely to have the effect…German rebar may evolve towards flat all-in pricing
The revamp of size extras in some northwestern European rebar mills’ pricing could lead to the adoption of flat rates on effective delivered prices, Kallanish hears from market participants.Spain increased steel production by 6.3% y/y in January-July
Spanish steel companies increased steel production by 6.3% in January-July 2025 compared to the same period in 2024, to 7.48 million tons. Thus, the country ranks 15th in the WorldSteel Association’s global ranking of steel-producing…