As the European steel industry continues to navigate its way through supply-side issues, we find ourselves yet again trying to understand what the impact of these ongoing constraints will be. Much as we reported in our previous article, the price aspirations of European mills remain high, due largely to production problems at Tata and Arcelor. However, it's clear that buyer sentiment continues to attribute recent price increases Read More

Steel Director’s Briefing - Supply Challenges Continue to Impact European Steel Mills As we reported last month, the European steel market has been grappling with a number of supply-side issues in recent times, with some gaps appearing in terms of stock availability for specific products. Consequently, European steel mills have continued to take the opportunity to further increase prices. Turkish steel producers remain off Read More

February 2023 Steel Director’s Briefing In last month's briefing, I asked if another wave of pent-up demand was about to hit the steel market. One month later, and I think it's fair to say that the answer is somewhat ambiguous. Demand for forward requirements has definitely increased. End users have accepted that price increases are, at least in the short / medium term sustainable, and are placing orders Read More