Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
German investment in the US fell by almost half during Trump’s first year in office
German companies cut their investments in the US by about 45% in the first year of Donald Trump’s second term, citing uncertainty in trade. This is according to a study by the German Economic Institute…
Türkiye’s flat steel market stalls amid rising costs
The Turkish flat steel market remained largely inactive last week, with recent price increases driven by rising costs, leaving producers little room to offer discounts to stimulate trade, market participants tell Kallanish.
HRC prices seen edging up in 2026
China’s hot-rolled coil (HRC) market in 2025 was characterized by a persistent supply-demand mismatch and a steady slide in prices, Mysteel’s annual report on the flat steel concluded. For the year ahead, China’s average prices…Raw Material Prices Stable, Stainless Steel Demand Rising in Asia
Raw material prices have largely stabilised and moved sideways following the contract rollover on the SHFE and LME. Asian stainless steel prices remained robust amid rising demand. Is thyssenkrupp’s steel division facing further job cuts?…Lifecycle partnership – Tata Steel and SMS group produce first coil after extensive CSP plant upgrade
Following an extensive upgrade project completed by SMS group, Tata Steel Ltd. has successfully rolled the first coils at its Jamshedpur CSP® (Tata Steel TSCR) plant in Jharkhand, India.China's HRC export prices stay flat on week
China’s export price of SS400 3mm hot-rolled coil (HRC) under Mysteel’s assessment at North China's Tianjin port stood flat over January 5-9 at $455/tonne, Mysteel's latest market roundup showed.
Finished Import Market Share Estimated at 14 Percent in November
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 November totaled 1,679,000…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.