Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
ArcelorMittal Poland May Receive PLN 1 Billion for Modernization
Polish government considers PLN 1 billion support to modernize ArcelorMittal Poland’s Dąbrowa Górnicza steel plant.
Nucor Raises Hot Rolled Coil Prices After 10-Week Pause
Nucor raises hot rolled coil prices by 2.3%, ending a 10-week decline amid mixed US steel market signals.
EU Car Production to Decline by 2.6% in 2025, Pressuring Steel Demand
EU car production will fall 2.6% in 2025, deepening steel demand woes amid tariffs, weak confidence, and EV uncertainty.
Overcapacity Risks a ‘Race to the Bottom’ on Steel Prices
Global steel overcapacity keeps prices under pressure, outpacing production cuts, tariffs, and defense measures.
Steelmakers’ Cuts Fail to Support North European Prices
Northern European steel prices stay weak despite production cuts amid soft demand and ample inventory.
Steel Packaging Achieves Record 82% EU Recycling Rate in 2023
Steel packaging hits 82% recycling rate in EU, setting a new record and boosting circular economy goals.
Cronimet Sales Decline in 2024 Due to Low Metal Pricing and Economic Uncertainty
Cronimet Holding Group sees 12.7% drop in sales for 2024 due to low metal pricing, geopolitical uncertainty, and weak…
New 50% Steel Import Tariff to Restart US Price Rises
The US doubles steel tariffs to 50%, causing steel prices to surge and impacting both domestic and international markets.
LIBERTY Galați Resumes Steel Production After Year-Long Downtime
LIBERTY Galați restarts production after a year of downtime, aiming to boost Romania’s steel output and support…
Square Billet Prices Drop by $10 Per Ton in May Amid Weak Export Demand
Square billet prices saw a slight dip of $10 per ton in May due to weak export demand and stable market conditions.
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