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China increased stainless steel production by 2% y/y in May
03,2026 06:00 AM
In May, China increased its production of crude stainless steel by 2 per cent month-on-month – to 3.79 million tonnes. This is according to data from the Stainless Steel Council of the China Iron and Steel Association (CSSC), as reported by MySteel.
Steel News
Turkey’s steel exports fell by 2.9% y/y over a five-month period
British steelmakers are calling for an improvement in the terms of trade in steel with the EU
EU unveils new steel import quotas to protect its industry from overcapacity
UK raises planned steel import limits to soothe businesses' cost concerns
Nucor has increased the price of hot-rolled coils by $5/t
Global scrap prices are falling in June
More Steel News
Global scrap prices are falling in June
United States June 22,2026 05:00 AM
Since the beginning of June, the global scrap market has seen a 1–4 per cent decline in supply, depending on the region.…
US steelmakers are calling for clearer smelting and casting rules under the USMCA
United States June 19,2026 04:00 AM
Amid negotiations to revise the USMCA, the US steel sector is calling for stricter smelting and casting rules that would…
Japanese steelmakers are raising prices for rolled steel for July sales
United States June 16,2026 05:00 AM
Tokyo Steel, a leading Japanese electric arc furnace steel producer, has raised its prices for hot-rolled coil (HRC) for…
Fitch raises its iron ore price forecast for 2026 to $100 per tonne
United States June 12,2026 06:00 AM
The international credit rating agency Fitch Ratings has revised its short-term forecasts for mining commodity prices upwards.…
Baosteel has kept domestic prices for flat steel products unchanged for July sales
United States June 11,2026 05:00 AM
Baoshan Iron & Steel (Baosteel), a subsidiary of the world’s leading steel producer China Baowu Steel Group, has kept prices…
China's billet prices to trend downwards in June
United States June 10,2026 12:00 PM
Prices of carbon steel billets in China are expected to ease slightly this month, mainly under pressure from subdued demand…
Nucor has raised the price of hot-rolled coils to $1,115 per tonne
United States June 09,2026 05:00 AM
The US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short tonne compared…
China's steel prices face downward pressure in June
United States 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…
Excess steel production capacity continues to weigh on global markets – OECD
United States June 04,2026 04:00 AM
By 2026, global excess steel production capacity will reach 745 million tons. This is according to a new report by the Organization…
Nucor has raised the price of hot-rolled coil to $1,105 per ton
United States June 02,2026 06:00 AM
U.S. steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short ton compared to…
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