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Nippon Steel raises US mill upgrade to US$3 bil as costs climb
23,2026 06:00 AM
Nippon Steel Corp will spend US$3 billion building a hot-strip mill in Pennsylvania, part of its US$11 billion investment plan in newly-acquired US Steel.
Steel News
Steel production in China fell by 2.9% y/y in January–September
Prices on the European scrap metal market in October are relatively stable
Iron ore prices in China remain within a narrow range following the holidays
Nucor and Gerdau are raising rebar prices by $30 per tonne
Average scrap prices in Turkey rose by $28 per tonne in September
China's retail steel stocks build during the National Day holiday
More Steel News
China's retail steel stocks build during the National Day holiday
United States October 09,2026 12:00 PM
Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks accumulated…
Prices for square billets in Turkey rose by $30/t in September
United States October 08,2026 07:00 AM
Mixed price trends were observed in regional square billets markets in September. In the Gulf states and China, prices fell…
India steel ministry unlikely to seek new curbs on cheap imports, government source says
United States October 07,2026 07:00 AM
India's steel ministry is unlikely to push for any new measures to curb cheap imports in the near term, turning down a request…
Nucor has raised the price of hot-rolled coils to $1,230 per tonne
United States October 06,2026 12:00 PM
The American steel producer Nucor has once again raised the spot price (CSP) for hot-rolled coils by $10 per short tonne…
Average prices for Brazilian pig iron fell by $20/t in September
United States October 05,2026 06:00 AM
The price situation in regional pig iron markets in September showed mixed trends. In the Black Sea region, India and China,…
Nucor-Yamato and Gerdau have raised their prices for beams in the US
United States October 02,2026 12:00 PM
Nucor-Yamato Steel (a division of Nucor Corporation and a joint venture with Yamato Kogyo) and Gerdau Long Steel North America…
EU steel exports fell by 20% y/y in 1H2026 – EUROFER
United States October 01,2026 06:00 AM
In the first half of this year, the European Union reduced its steel exports to third countries by 20% year-on-year. This…
Nippon Steel is raising prices by $32 per tonne due to rising costs
United States September 30,2026 12:00 PM
The Japanese steelmaker Nippon Steel has announced a price increase of 5,000 yen per tonne ($32 per tonne) across its entire…
Nucor has once again raised the price of hot-rolled coils by $10/t
United States September 29,2026 04:00 AM
The American steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coils by $10 per short tonne…
Iron ore prices fell back below $100 per tonne at the end of September
United States September 28,2026 05:00 AM
Unlike at the start of the month, iron ore prices on the Chinese market fluctuated within a narrow range for the rest of…
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