The global steel industry is currently facing two interlinked challenges: tackling the issue of excess production capacity and preparing for a low-emission future. This is set out in the report by the Organisation for Economic Co-operation and Development (OECD) entitled ‘Navigating the Steel Transition amid Global Excess Capacity’.
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United States September 16,2026 04:00 AM
The fall in prices on the global scrap market, which began in June, continued into August, although the rate of decline…
United States September 15,2026 06:00 AM
The American steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil (HRC). The price has risen…
United States September 14,2026 05:00 AM
Regional pipe markets are showing mixed trends, linked to the specific characteristics of pipe products. In August, prices…
United States September 11,2026 12:00 PM
China’s Baoshan Iron & Steel (Baosteel) has raised its prices for hot-rolled coils (HRC) for the domestic market by 200…
United States September 10,2026 05:00 AM
German steelworks reduced steel production by 1.8 per cent year-on-year in July 2026, to 2.68 million tonnes. Compared with…
United States September 09,2026 12:00 PM
As of early September, iron ore prices (KORE 62% Fe/Qingdao) had rebounded to over $100/t CFR, whilst in August this commodity…
United States September 08,2026 06:00 AM
ArcelorMittal, one of the world’s largest steel producers, has raised its prices for hot-rolled coil (HRC) in Europe by…
United States September 02,2026 04:00 AM
After the previous week’s $7/tonne increase, China's export prices for hot-rolled coil (HRC) gained further strength during…
United States September 01,2026 04:00 AM
The American steel producer Nucor has once again raised the spot price (CSP) for hot-rolled coils by $5 per short tonne…
United States August 31,2026 05:00 AM
ArcelorMittal, one of the world’s largest steel producers, is raising prices for long products (bar steel, reinforcing bars…
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