The coronavirus pandemic wreaked havoc on steel markets and economies around the world, during the first six months of 2020. China’s economy was the first to suffer the effects of…

Finnish market trends tend to lag behind those in neighbouring countries. Customers’ workloads in the country are, only now, beginning to reduce, as a result of the measures taken to…

Steel producers in southern Europe are expected to attempt price increases, in the short term. Strip mill product basis values, in Italy and Spain, have fallen by between €60 and…

Amended safeguarding measures for the EU steel industry will be applied from July 1, 2020. These include new, country-specific quotas for hot rolled coil imports, and quarterly management of quota tonnages…

The mood in the EU steel market, in June, is one of cautious optimism. Demand is beginning to improve, albeit modestly, following the easing of lockdowns and coronavirus restrictions across the…

In 2018, Magnitogorsk Iron & Steel Works (MMK), Russia, has awarded an order to SMS group covering the extensive modernization of the finishing mill mechanical equipment and the fundamental revamp…

In the United States, buyers of stainless steel are purchasing minimal quantities, at present. Companies are reluctant to commit to new forward orders because of the uncertain economic environment caused…

Stainless steel purchasing activity remained at a fairly high level during the first quarter of 2020, as customers continued work on ongoing projects, or took delivery of material from existing…

MEPS recorded a decrease in the price of steel products across the board in Poland, this month. Nonetheless, discounts from the mills did little to prompt an uptick in buying…