Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
China's HRC export prices surge amid firm cost supports
Chinese export prices for commercial-grade hot-rolled coils (HRCs) jumped higher during the week of March 9-13, as firm support from raw material prices – especially those of iron ore and coal – drove export prices…Nucor raises the price of hot-rolled coil to $1,015 per ton
U.S. steel producer Nucor has again raised its spot consumer price (CSP) for hot-rolled coil (HRC) by $5 per short ton compared to the previous week. This was announced in a letter to customers dated…
Steelmaker ArcelorMittal to close more Ukraine units
Ukraine's major steelmaker ArcelorMittal Kryvyi Rih will close two rolling mills, it said on Monday, ?citing the energy crisis caused by Russian strikes ?and the cost of European Union environmental requirements.
UK plans to double steel tariffs, Politico reports
Britain plans to double tariffs on steel imports, Politico reported on Monday, saying that ?it would be part of a wider ?strategy aimed at protecting the country's struggling steel industry.
Nippon Steel and JFE Steel raise sheet prices amid rising costs
Leading Japanese steelmakers Nippon Steel and JFE Steel have announced price increases for domestically produced sheet steel. Steelmakers cite rising raw material costs, operating expenses, and logistics costs.Nippon Steel and JFE Steel raise sheet prices amid rising costs
Leading Japanese steelmakers Nippon Steel and JFE Steel have announced price increases for domestically produced sheet steel. Steelmakers cite rising raw material costs, operating expenses, and logistics costs.China reduced steel exports by 8.1% y/y in January-February
In January-February, China reduced steel exports by 8.1% year-on-year – to 15.59 million tons, according to the China Iron and Steel Association (CISA), citing customs data.Baosteel raises prices for hot-rolled steel for April sales
Baoshan Iron & Steel Co (Baosteel), a subsidiary of China Baowu Steel Group, is raising prices for key flat steel products, including hot-rolled coil (HRC), by 200 yuan per ton ($29/t) for domestic sales in…China's steel exports fall 8% YoY to 15.6 million tonnes over Jan-Feb
China's finished steel exports declined by 8.1% on year to reach 15.59 million tonnes over January-February, according to the latest statistics from the country's General Administration of Customs (GACC) on March 10.Nucor raised the price of hot-rolled coil to $1,010/ton
American steel producer Nucor has raised its spot consumer price (CSP) for hot-rolled coil (HRC) by $5 per short ton compared to the previous week. This is stated in a letter to customers dated March…
Global scrap prices showed mixed dynamics in February
The global ferrous scrap market showed mixed dynamics in February 2026 after steady growth in January. In particular, the upward trend continued in the EU and Chinese markets, albeit at a slower pace, while supply…China's rebar output recovers on week
Rebar output among the 137 Chinese steel mills Mysteel regularly tracks rebounded on week over February 26-March 4, with the production volume rising by around 5% or 82,100 tonnes on week at 1.73 million tonnes,…Members' daily crude steel output marks time in late-Feb
Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) stayed largely steady during February 21-28 to average 2.03 million tonnes/day, dropping by a minimal 0.1% from the previous…European Commission mandates low-emission steel, drops 'made-in-EU'
The European Commission has confirmed its Industrial Accelerator Act (IAA) legislative proposal includes a stipulation that 25% of steel volume procured for public projects launched from 2029 must be low-emission. However, given the forthcoming new…China's HRC prices seen rising moderately in March
After another month in which hot-rolled coil (HRC) prices in China recorded a steady though mild decline in February, domestic HRC prices are projected to firm to some degree this month as a consequence of…January Steel Shipments Up 1.7 Percent From Prior Month
The American Iron and Steel Institute (AISI) reported today that for the month of January 2026, U.S. steel mills shipped 7,583,826 net tons, a 1.7 percent increase from the 7,454,338 net tons shipped in December…Global steel market braces for turmoil amid escalation in the Middle East
Some Chinese steel exporters have stopped making offers to customers in the Middle East amid obstacles to shipping through the Strait of Hormuz, analysts and two traders told the agency. Freight rates are skyrocketing and…Barca Metals selects Danieli Centro Recycling for new high efficiency scrap processing plant
Danieli Centro Recycling has been selected by Barca Metals, a leading scrap-processing operator in New South Wales, to supply a new shredder-based recycling plant to be installed at the company’s newly developed yard in Razorback,…
Pig iron prices rose by $20-40 per ton in February in certain markets
In February, average prices for Indian and Brazilian pig iron rose by $20–40/t. The increase was driven by seasonal factors and growing demand in Turkey, as well as the impact of CBAM costs on the…