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Stainless steel: demand for coils may return in September
Prices for hot and cold rolled coils in Europe have not yet bottomed out and values may continue to fall in June. Some sources in the Northern European flat steel industry believe that the bottom will be reached in July, after scrap prices have reached their lowest...
Steel: EU demand recovers from Q3
The European Steel Association (EUROFER) shared its expectations for EU steel demand in its annual report 2023. Steel demand continues to be subject to market uncertainty. It is expected that this uncertainty will continue to undermine steel user industries' demand in...
US announces preliminary results of inspections on cut-to-length plates imported from Italy
The US Department of Commerce announced the preliminary results of the administrative review of the anti-dumping duty imposed on cut-to-length carbon and alloy steel sheets imported from Italy. During the review period, between 1 May 2021 and 30 April 2022, Italian...
Stainless steel: production cuts likely as mills seek to support prices
Measures to reduce stainless steel production are expected to become increasingly common as producers seek to mitigate price erosion amid weak demand. MEPS reduced its global crude stainless steel production forecast for the full year by 800,000 tonnes from last...