Category: Steel
Ferrous Scrap Prices Drop $40 in May as Global Steel Demand Shifts
Ferrous scrap prices declined in May as U.S. mills and exporters reacted to weak demand, tight supply, and global market…
European Stainless Steel Prices Expected to Decline Further in Q3 2025 – Assofermet
Stainless steel prices in Europe are expected to decline due to weak demand, high inventories, and falling production costs.
Rio Tinto and BHP Forecast Stable Iron Ore Demand in China as Global Steel Needs Evolve
Rio Tinto and BHP expect steady iron ore demand in China, supported by strong steel production and long-term supply…
TRA Proposes Caps on UK Steel Imports to Safeguard Domestic Market
The UK’s Trade Remedies Authority (TRA) has proposed caps on steel imports to protect domestic producers and ensure…
ArcelorMittal to Invest €1.2 Billion in Dunkirk Plant Decarbonization
ArcelorMittal confirms €1.2 billion investment in Dunkirk plant’s electric arc furnace to drive decarbonization and…
Ukraine Reduces Pig Iron Exports by 60% in April 2025: A Decrease in Demand from Key Markets
Ukraine’s pig iron exports dropped 60% in April 2025, with significant declines in U.S., Poland, and Italy imports. Despite…
EU Scrap Exports Decline Slightly, Turkey Leads Imports
EU exports of ferrous scrap decreased slightly in early 2025, with Turkey maintaining its position as the largest…
AISI Applauds Retention of Steel Tariffs in U.S.-China Trade Agreement
The American Iron and Steel Institute (AISI) supports the U.S.-China trade agreement that keeps steel tariffs in…
Baosteel Maintains Flat Steel Prices for June Amid Market Uncertainty
Baosteel maintains flat steel prices for June, signaling a cautious approach amid ongoing market uncertainty. This marks the…
Steel Trade Faces Rising Costs as CBAM Takes Effect in 2026
The EU’s CBAM will reshape steel trade starting in 2026, introducing new carbon costs and pushing companies toward…
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