Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
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.
Nucor Lowers Hot-Rolled Coil Prices by $10 per Ton in July 2025
Nucor cuts US hot-rolled coil prices by $10/t in July 2025 after weeks of stability amid market shifts.
Italy Steel Production Declines 9% in June 2025 Amid Sector Headwinds
Italy’s steel output dropped 9% in June 2025, signaling weak demand and sector pressures despite yearly gains.
China Criticizes Canadian Steel Import Tariffs Amid Growing Trade Tensions
China slams Canada’s steel tariffs, calling them WTO violations as trade tensions escalate between the two nations.
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