Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
China increased steel exports by 0.3% m/m in August
In August this year, China increased its steel exports by 0.3% compared with the previous month, to 10.15 million tonnes. This was reported by the China Iron and Steel Association (CISA).
Global iron ore exports remained stable in August
Global iron ore shipments remained relatively stable in August 2026. Despite subdued demand from the key importer, China, the leading producing countries showed predominantly positive or neutral trends, with the exception of South Africa. This…
Prices for Brazilian pig iron stabilised at $475 per tonne in August
The price situation on regional pig iron markets in August was characterised by an upward trend. In the Black Sea region, India and China, prices rose slightly, whilst pig iron prices in Brazil stabilised at…
SGX mulls new coking coal and steel contracts, executive says
Singapore Exchange plans to launch new coking coal and steel futures contracts, Tan Tee Yong, its head of commodity derivatives, said on Monday (Jun 15), as the exchange looks to broaden its product offerings, reflecting…
Hyundai bets big on steel to anchor US strategy
Hyundai Motor Group is betting on steel to expand its manufacturing footprint in the United States, in a strategic move to build a local supply chain that serves not just the automotive industry, but also…
China's retail steel stocks drop slightly on week
Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks declined slightly on-week during August 28-September 3, according to the results of Mysteel's latest weekly survey.
Top China steelmaker Baowu eyes stake in BHP iron ore mine
China Baowu Steel Group, the world's largest steelmaker, is eyeing a minority stake in BHP's Jimblebar iron ore mine in Western Australia, according to two people briefed on the matter.
Mexico starts anti-dumping investigation into Japan's steel sheets
Mexico has started an anti-dumping ?investigation into imports of steel sheet originating in Japan, according to a resolution published early on Wednesday ?in the country's official gazette.
Shagang holds list prices for steel longs for early Sept sales
Shagang Group (Shagang), China's largest electric-arc-furnace steelmaker, has decided to maintain its long-product list prices for sales over September 1-10 from the last eleven days of August, according to the company's latest pricing announcement issued…Taiwan's Feng Hsin hikes rebar, scrap prices by $6/t
Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to raise its rebar list price and buying price of local scrap by TWD 200/tonne ($6.3/t) each on week for…
China's HRC export prices rise further
After the previous week’s $7/tonne increase, China's export prices for hot-rolled coil (HRC) gained further strength during the week of August 24-28, with Mysteel assessing the export price of SS400 3mm commercial-grade HRC at North…Global prices for coking coal rose significantly in August
Global prices for coking coal rose significantly in August due to increased demand in China against a backdrop of supply shortages.Thyssenkrupp is shutting down blast furnace No. 2 in Duisburg for maintenance
The German steel manufacturer Thyssenkrupp Steel has announced a scheduled shutdown of blast furnace No. 2 at its Duisburg plant to carry out partial repairs. This is stated in the company’s press release.Nucor has once again raised the price of hot-rolled coils
The American steel producer Nucor has once again raised the spot price (CSP) for hot-rolled coils by $5 per short tonne compared with the previous week. This is stated in the company’s letter to customers…ArcelorMittal is raising prices for long products in Europe by €20 per tonne
ArcelorMittal, one of the world’s largest steel producers, is raising prices for long products (bar steel, reinforcing bars and wire rod) by a further €20/t. This is the second increase following a €25/t rise in…Global steel production fell by 0.3% y/y in July
Global steel production in July 2026 fell by 0.3% y/y – to 149.2 million tonnes. This is shown by the World Steel Association’s global ranking of steel-producing countries (70).
Cooling chamber successfully revamped at Cogne Acciai Speciali
Cogne Acciai Speciali awarded Danieli Service a modernization project for its plant in Aosta, Italy, to upgrade the cooling chamber of the continuous casting machine for special steel blooms.China's retail steel stocks stay stable on week
Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks were largely unchanged on week during August 21-27, according to the results of Mysteel's latest weekly survey.Hyundai Steel forges alliance with HanmiGlobal to secure competitive edge
The steelmaker announced on Aug. 19 that it had signed a memorandum of understanding with Korea’s leading domestic construction company at its Hyundai Steel Pangyo office in Seongnam, Gyeonggi.