04 April 2025: Imports of finished steel into the United States have plummeted in February 2025 by 6.2% year-on-year, to 1.5 million tonnes (Mt), following a jump to 2.2Mt in January this year, ahead of Trump’s tariffs coming into effect.
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04 April 2025: Imports of finished steel into the United States have plummeted in February 2025 by 6.2% year-on-year, to 1.5 million tonnes (Mt), following a jump to 2.2Mt in January this year, ahead of Trump’s tariffs coming into effect.
Read More20 March 2025: In January 2025, Europe lifted shipments of finished steel products from third countries amid attractive offers, but also expecting higher trade barriers in the region and worldwide. EU buyers increased imports by 15.1% in the first month of 2025 on the year...
Read More6 March 2025: In January 2025, Türkiye's steel exports rose by 23% year-on-year, reaching 1.1 million tonnes (Mt) as buyers from the EMEA region showed increased appetite longs and semis.
Read More27 February 2025: In January 2025, global steel output declined by 4.4% year-on-year, to 151.4 million tonnes (Mt), owing to weak market fundaments in the major markets. Production rates in Asia fell by 4.4%, to 111.9 Mt, while in the European Union – by 3.3%, reaching 10.3 Mt. North America's crude steel output inched down by 0.5%, to 9.0 Mt.
Read More6 February 2025: Turkish steelmakers raised exports of steel products by 27.6% in 2024 from a year earlier, to 13.4 Mt, owing to increased appetite in the European Union, where they shipped 5.9 Mt during this period, up 64.6% year-on-year.
Read More05 February 2025: The UK steel industry experienced a significant decline in production last year, primarily due to a transition to electric arc steelmaking, intense competition from overseas, and high input costs.
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