Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
US imposes no AD duties on Indian carbon steel and alloy steel threaded rod
According to the report, the United States Department of Commerce (USDOC) has released its preliminary results from the administrative review of the anti-dumping duty on imports of carbon steel and alloy steel threaded rods from…
India imposes anti-dumping duty on some steel imports from Vietnam
India, the world's second-biggest producer of crude steel, has imposed anti-dumping duty on some steel shipments from Vietnam, the Ministry of Commerce and Industry said.
Nucor lowers hot-rolled coil prices to $875/t
American steelmaker Nucor has reduced its weekly spot price (CSP) for hot-rolled coil (HRC) for the second consecutive week. Offers for the week of August 11–17, 2025, dropped by 1.7% or $15/t compared to the…
China's steel prices to strengthen in August
China's steel prices are expected to maintain upward momentum in August, building on last month's gains, due mainly to the high costs of raw materials. This is according to the most recent survey of the…Russia increases stainless steel imports despite lower consumption
Russia’s real consumption of stainless steel decreased in the first quarter, according to national special steel association USSA, amounting to 157,560 tonnes, down by 0.7% on-year, Kallanish notes.OCTG pipe prices in North America decreased by 6% in July
OCTG prices for North America FOB in July decreased by 6% or $138 to $2218/t. Over the same period, the WTI price rose by 2.5% from $67.2/bbl.Baosteel increases hot-rolled coil prices by $28/t for September sales
Baoshan Iron & Steel (Baosteel), a subsidiary of China Baowu Steel Group, is increasing its prices for hot-rolled coil (HRC) by 200 yuan per tonne ($27.8/t) for domestic sales in September.Brazil plans new minerals policy as US tariffs kick in
Brazil is planning a new policy that will consider critical minerals as a matter of “national sovereignty” as US tariffs have been enforced on several countries worldwide.Global prices for hot-rolled coil came under pressure in most regions in July
In July 2025, the global hot-rolled coil market continued to show different trends in key regions. The European market remained sluggish due to oversupply and weak demand, while prices in the US declined amid a…Chinese steel exports register rare sequential July growth
Finished steel exports in July rose 1.6% versus the earlier month to around 9.84 million tonnes. This was in contrast to the previous four years which each saw a m-o-m decline in July exports.China steel exports rise in July despite protectionist backlash
China's steel exports climbed in July, continuing a record-breaking run despite growing trade barriers being thrown up by countries concerned about a flood of Chinese exports.Nucor lowers hot-rolled coil prices to $890/t
US steel company Nucor has announced a reduction in its weekly spot price (CSP) for hot-rolled coil (HRC). Offers for the week of August 4-10, 2025, fell by 1.1% or $10/t compared to the previous…ArcelorMittal raises hot-rolled steel prices to €610/t
ArcelorMittal, one of Europe’s leading steel producers, has raised its base price for hot-rolled coil (HRC) to €610/t delivered for fourth-quarter shipments. This is the second price increase in a short period of time –…
Prices for Brazilian slabs fell by 2.5% in July
The market continues to be dominated by low demand for finished rolled products and negative effects from US tariff policyChina's HRC output rebounds on week
After falling for three consecutive weeks, production of hot-rolled coils (HRC) among the 37 Chinese flat steel producers Mysteel regularly monitors recovered to 3.2 million tonnes during the week of July 24-30, higher by 53,000…Tangshan billet price falls $11/t on week
After rising firmly in previous weeks, billet prices in Tangshan in North China's Hebei province experienced sharp fluctuations and ended significantly lower on week during July 28-August 3, Mysteel's survey showed.
China’s Shagang consistently raises prices for long products
Shagang Group, a leading private steel producer in China, has added 200 yuan/t ($27.7/t) to its list prices for long steel products for sale from August 1 to 10, according to Mysteel Global.Steel stocks at Chinese traders climb quickly on subdued demand
The stocks of finished steel products held at trading houses across China tracked by Mysteel mounted for the third straight week during July 25-31, with the tonnage swelling by 203,100 tonnes on week, a large…Britain says EU is removing tariffs on steel under quota
Britain said the European Union will remove tariffs on key steel products under a quota system from Friday as part of a reset of ties and a recent deal to ease trade barriers.