Leading Japanese steelmakers Nippon Steel and JFE Steel have announced price increases for domestically produced sheet steel. Steelmakers cite rising raw material costs, operating expenses, and logistics…
China's finished steel exports declined by 8.1% on year to reach 15.59 million tonnes over January-February, according to the latest statistics from the country's General Administration of Customs (GACC)…
American steel producer Nucor has raised its spot consumer price (CSP) for hot-rolled coil (HRC) by $5 per short ton compared to the previous week. This is stated in a letter to customers dated March…
The global ferrous scrap market showed mixed dynamics in February 2026 after steady growth in January. In particular, the upward trend continued in the EU and Chinese markets, albeit at a slower pace,…
After another month in which hot-rolled coil (HRC) prices in China recorded a steady though mild decline in February, domestic HRC prices are projected to firm to some degree this month as a consequence…
Recent events are already disrupting steel exports from China to the region. The global steel market is bracing for major turmoil following the escalation in the Middle East and the subsequent threat…
Regional slab markets saw mixed trends last month. Prices rose by $25 per ton in Brazil, while falling in the Black Sea market. The divergence in dynamics is explained by the introduction of the CBAM…
In 2025, global stainless steel production increased by 2.1% y/y – to 64.2 million tons. This is evidenced by data from the non-profit organization World Stainless Association.
U.S. imports of refined metal appeared to be waning after the White House pushed back a decision on imposing tariffs in July, collapsing the arbitrage between the CME-traded U.S. price and the London…
Two announcements in quick succession from Brazil’s foreign trade watchdog, the Executive Management Committee of the Foreign Trade Chamber (GECEX), show that steel products originating in China remain…
The global market for hot-rolled coil in February 2026 continues the upward trend that began in January. Offers in Europe have risen by €25-45/t since the beginning of the year, and in the US by $50/t.…
American steel producer Nucor has raised its spot consumer price (CSP) for hot-rolled coil to $990 per short ton (st), which is $10 more than the previous week. The company announced this in a letter…