Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
Chinese Steelmakers Boost Profitability Amid Capacity Cuts
Chinese steelmakers profit rebounds 14-fold in H1 2025 due to capacity cuts and softer raw material costs.
Hertha Metals Tests Single-Step Process for Green Steel Production
Hertha Metals unveils a low-emission, single-step green steel method that slashes costs and energy use by 30%.
SSAB Reports Revenue and Earnings Decline Amid European Market Weakness
SSAB posts a 9.4% revenue drop in Q2 2025 as European steel prices fall and demand softens.
SBQ Steel Market: Supply Concentration, Tariff Risk, and Price Clarity
Explore how tariffs, supply shifts, and reliable pricing forecasts shape the SBQ steel market’s future.
European HRC Market Stagnates Amid Import Pressure and CBAM Concerns
European HRC prices drop 2–6% in July due to weak demand, cheap Asian imports, and looming CBAM regulations.
Global Steel Output Drops Sharply Year-on-Year
Steel output fell 5.8% in June, driven by China’s downturn—India and U.S. see opportunity.
ArcelorMittal Confirms Suspension of DRI Plant Plans in Dunkirk
ArcelorMittal halts Dunkirk DRI plant project due to unprofitable gas and green hydrogen prices.
Global Steel Production Falls 5.8% in June Amid Sluggish Market Trends
Global steel production declined 5.8% in June 2025, led by major drops in China and CIS nations.
China Lags Significantly Behind Competitors in EAF Steel Production
China must cut blast furnace steel output to boost EAF share and meet climate goals, or face major CO2 penalties.
Iron Ore Prices Rise to Highest Level Since February on China Infrastructure Hopes
Iron ore prices hit $112.74/t in July, the highest since February, driven by Chinese demand and infrastructure plans.
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