Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Global stainless steel production in 2025 grew by 2.1% y/y
In 2025, global stainless steel production increased by 2.1% y/y – to 64.2 million tons. This is evidenced by data from the non-profit organization World Stainless Association.
Japan, South Korea urge India to ease steel import regulations
Japan and South Korean officials urge Indian government to address steel import hurdles at Ministry of Steel event ahead of Bharat Steel 2026.
Germany increased steel production by 15% y/y in January
In January 2026, German steel enterprises increased steel production by 15% compared to January 2025, to 3.08 million tons. Compared to the previous month, the figure increased by 8.5%. This is evidenced by data from…Shagang rolls over long steel list prices for late-Feb sales
Shagang Group (Shagang), China's leading privately-owned steelmaker and largest electric-arc-furnace steelmaker, has decided to hold its long-product list prices for sales over February 21-28 unchanged from the previous ten-day period, the company announced last Saturday.
ArcelorMittal Kryvyi Rih to raise prices for rebar and wire rod due to energy costs
ArcelorMittal Kryvyi Rih PJSC will raise prices for its rebar and wire rod by $50/t starting in March this year. This was announced in a press release by the company.
Chinese mills' steel stocks soar 27% over CNY break
Inventories of the five major carbon steel products held by the Chinese steel mills sampled in Mysteel's regular survey witnessed a significant rise due to muted trading during the Chinese New Year (CNY) holiday, with…Prices for hot-rolled coil continue to rise in February
In the EU, purchasing activity is held back by the availability of stocks built up prior to the full implementation of the CBAMNucor raises hot-rolled coil prices for the sixth consecutive time
American steel producer Nucor has raised its spot consumer price (CSP) for hot-rolled coil to $990 per short ton (st), which is $10 more than the previous week. The company announced this in a letter…EU expects US to scale back steel, aluminum goods tariffs within weeks, Bloomberg News reports
European Union officials expect the U.S. to lower tariffs on goods containing steel and aluminum within weeks, potentially easing a major source of friction in transatlantic trade ties, Bloomberg News reported on Tuesday, citing people…Steel Imports Down 12.6% in 2025
Based on final Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,577,000 net tons (NT) of steel in December 2025, including 1,160,000 net tons…Turkey’s Erdemir Group produced 8.1 million tons of steel in 2025
Steel production at the Ere?li plant fell by 20.2% year-on-year to 2.6 million tons last year, while production at the Iskenderun plant increased by 3.8% year-on-year to 5.5 million tons.ArcelorMittal raises prices for hot-rolled coil in Europe by €50/t
Global steel producer ArcelorMittal is introducing a further price increase for hot-rolled coil in Europe of €50/t. This was reported by Kallanish with reference to market sources.Global scrap prices have been showing positive dynamics since the beginning of the year
The global scrap market has been growing since the beginning of 2026. Raw material prices increased by 1.5-13.0% between December 26, 2025, and February 13, 2026, depending on the region. The most positive dynamics are…Nucor raises prices for hot-rolled coil for the fifth week in a row
American steel producer Nucor has continued to raise prices for hot-rolled coil (HRC), bringing the spot base offer (CSI) to $980 per short ton (st), which is $5 more than the previous week. This is…Trump working on rollback of steel and aluminium tariffs
US President Donald Trump is working to scale back tariffs on steel and aluminium that have frustrated some businesses and pushed up prices for items such as canned food and drink.Liberia sees iron ore output tripling to 30 million tons on ArcelorMittal expansion
Liberia expects iron ore output to triple to around 30 million metric tons this year, driven by ArcelorMittal Liberia's (AML) planned ramp?up and fresh volumes from new and revived projects, the country’s mines minister has…
Global scrap consumption declined in most regions in January-September
According to the Bureau of International Recycling (BIR), steel scrap consumption declined in most key regions of the world in January-September 2025, reflecting a shift in the geography of demand. At the same time, global…Steel sentiment boost reflected in M&A talks with Jindal, Thyssenkrupp CEO says
Stricter upcoming quotas and tariffs on steel imports into Europe have boosted sentiment on beaten steel stocks, the CEO of Thyssenkrupp said, adding this was also reflected in current talks to sell the firm's steel…Shagang rolls over long steel list prices for mid-Feb sales
Shagang Group (Shagang), China's leading privately-owned steelmaker, has decided to hold its long-product list prices for sales during February 11-20 from the previous ten-day period, the company announced Wednesday.