Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
China's steel exports, iron ore imports hit record highs
China's steel exports hit a record monthly high ?in December, fuelled by front-loading driven by Beijing's announcement of an export licence requirement for shipments from 2026.
Prices for rebar remained largely stable in early January
Prices for rebar in early January 2026 remain stable in key regions, with slight increases in China and Northern Europe. Offers in Turkey and the US remain unchanged, while in Italy they have fallen by…China's steelmakers lift rebar output again
Rebar production among the 137 Chinese steel mills that Mysteel regularly checks climbed for the fourth consecutive week over January 1-7, rising by 1.5% or 28,200 tonnes on week to 1.91 million tonnes, according to…China's HRC output and prices edge higher
Hot-rolled coil (HRC) production among the 37 Chinese steelmakers regularly surveyed by Mysteel rose again during January 1-7 to register 3.06 million tonnes, though this was higher by only 10,000 tonnes or 0.33% on week,…The US increased its imports of rolled steel products by 12.9% m/m in October
The largest volume of imports was hot-dip galvanized rolled steel – 142,030 tons (+5% month-on-month), products for the oil industry – 131,760 tons (+21.6% month-on-month), wire rod – 103.33 thousand tons (+105.4% m/m), hot-rolled coils…
India steel exports grow by a third between April-December, govt data shows
India was a net exporter of finished steel in the first nine months of the financial year, with shipments reaching 4.8 million metric tons, up 33.3% from a year ago, according to provisional government data…
CISA: Members' daily crude steel output drops further in late-Dec
Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) averaged 1.64 million tonnes/day during December 21-31, declining by a significant 11% or by 202,000 t/d from the previous…China's HRC prices to stay range-bound in January
After experiencing a small retreat in December, prices for carbon steel hot-rolled coil (HRC) in China are expected to fluctuate within a moderate range in January, Mysteel's latest monthly report on the flat product suggests.Turkish mills eye scrap substitutes under mounting pressure
Türkiye’s steel industry, around 75% based on electric arc furnaces and with 70% of scrap requirement coming from imports, is increasingly seeking ways to substitute scrap use. This comes amid tightening global restrictions on scrap…Weaker demand to pressure China steel prices in January
Chinese steel prices are poised to extend their downward trend observed in December into January, pressured mainly by the slowdown in steel demand from both domestic and overseas markets, Mysteel's chief analyst Wang Jianhua predicts…
Baosteel holds HRC list prices for domestic sales for Feb, hikes them for March
Baoshan Iron & Steel Co (Baosteel), the listed arm of the world's top steelmaker China Baowu Steel Group, is holding the list prices of its carbon steel hot-rolled coil (HRC) steady for domestic sales in…EU steel safeguards would lead to crippling price hikes for manufacturing, lobby group says
Safeguards proposed by the European Union to protect EU steel mills from the impact of imports would lead to crippling price hikes for European manufacturers, a lobby group representing European steel-using industries said on Tuesday.EU imported 4.19 million tons of steel products from Russia in January-October
In January–October 2025, the European Union (EU) imported 4.19 million tons (-10.7% y/y) of steel raw materials of Russian origin. The cost of importing these products reached €1.72 billion (-23.4% y/y). This is evidenced by…Australia's BlueScope Steel gets $8.8 billion buyout offer from SGH, Steel Dynamics
Australia's BlueScope Steel said on Monday it received an A$13.15 billion ($8.78 billion) takeover proposal from an investor group comprising billionaire Kerry Stokes-owned SGH and U.S.-based Steel Dynamics .EU carbon tax from 2026 set to dent India’s steel, aluminium exports: GTRI
Indian exports of steel and aluminium to the European Union are likely to face a major competitiveness challenge starting January 1, 2026, as the EU’s Carbon Border Adjustment Mechanism (CBAM) shifts from a reporting-only phase…Tariffs and policy shape 2025 market, 2026 to answer questions
2025 will be remembered for punitive US tariffs, hard-hitting European policymaking and significant merger and acquisition activity – either concluded or anticipated. It has also raised significant questions for 2026, such as how will China’s…China's HRC export prices stay rangebound
At the start of last week, major mills had expected that the imposition of export licensing would limit the outflow of low-priced non-VAT hot coils into the market and therefore allow the makers to raise…Indian steelmakers jump after New Delhi imposes import tariffs
Shares of major Indian steel companies climbed between 2% and 5% on Wednesday after the country imposed a three-year import tariff on select products to curb cheap shipments from China.JISF predicts another mediocre year for Japanese steel in FY26
Crude steel production during the current fiscal year ending March 31 2026 will be about 2.6 million tonnes lower than last fiscal year and will mark a 52-year low, according to forecast issued by the…