Read Story

China's steel prices face downward pressure in June

05,2026 06:00 AM

After rising steadily for nearly a month, Chinese steel prices began heading south in mid-May and are expected to remain under downward pressure in June, weighed by a mismatch between domestic steel supply and demand, Mysteel's chief analyst Wang Jianhua predicts in his latest monthly outlook.

Steel News

Excess steel production capacity continues to weigh on global markets – OECD

Nucor has raised the price of hot-rolled coil to $1,105 per ton

Prices on regional slab markets rose by $5–20 per ton in May

U.S. Steel imports increase month over month in April

China's weak steel output, strong iron ore imports show structural shift

India steel ministry pushes to end metallurgical coke tariffs, document shows

More Steel News

India steel ministry pushes to end metallurgical coke tariffs, document shows

United States May 22,2026 06:00 AM

India's Ministry of Steel has asked the finance ministry to withdraw anti-dumping tariffs on low-ash metallurgical coke…

Nucor raises HRC price to $1,090 per ton

United States May 20,2026 12:00 PM

U.S. steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil—by $10 per short ton compared to…

South Africa sets higher steel import duties to shield struggling local sector

United States May 19,2026 06:00 AM

South Africa has set higher import duties on certain steel products, ranging from 10% to 30%, to defend the struggling industry…

Iron ore prices have risen by 3.9% since the beginning of May

United States May 18,2026 05:00 AM

As of May 15, 2026, iron ore prices (KORE 62% Fe/Qingdao) had risen by 3.9% compared to May 1, reaching $114.7/t CFR. Over…

The European hot-rolled coil market experienced a decline in April

United States May 14,2026 06:00 AM

The global hot-rolled coil market showed mixed trends in April 2026. In the United States and China, prices continued to…

Nippon Steel expects $1.4 billion fiscal year profit as one-off items fade

United States May 13,2026 08:00 AM

Nippon Steel, Japan's biggest steelmaker, on Wednesday said it expects its net profit for the year that ends in March to…

Baosteel raises HRC list prices again for June sales on cost and demand support

United States May 12,2026 06:00 AM

Baoshan Iron & Steel Co (Baosteel), the listed arm of the world’s top steelmaker China Baowu Steel Group, is raising its…

China's steel prices poised for further rise in May

United States May 11,2026 07:00 AM

Chinese steel prices are expected to continue strengthening in May, supported by the likely improvement in both market fundamentals…

China's steel prices poised for further rise in May

United States May 08,2026 05:00 AM

Chinese steel prices are expected to continue strengthening in May, supported by the likely improvement in both market fundamentals…

March Steel Shipments Up 10.9 Percent From Prior Month

United States May 07,2026 06:00 AM

The American Iron and Steel Institute (AISI) reported today that for the month of March 2026, U.S. steel mills shipped 8,204,611…

Start your Subscription
Metal Prices	USD 500 (One Year)
North America Scrap
Europe Scrap
China Scrap
India Scrap
Exchange Data
Subscribe Now Free trial is available

CONNECT WITH US

Scrap Metals Commodities

Scrap Metals Regions