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EU Steel Market Faces Prolonged Weak Demand; Plant Activity Varied Ahead of Expected 2026 Recovery Europe’s steel market faces continued headwinds, with weak demand expected to persist until 2026. The outlook is underpinned by reports such as “EUROFER: Apparent steel consumption not expected to improve substantially before Q1 2026” and
Asia Steel Market: Trade Deals Fuel Optimism Amidst Plant Activity Shifts Asia’s steel market sentiment remains very positive, driven by proactive trade negotiations. The “India, Canada Discuss Ways To Promote Bilateral Trade, Investments” and “‘Winning Partnership’: Piyush Goyal Lauds New Zealand Trade Minister Amid India-NZ FTA Talks” articles suggest potential
European Steel Market Shows Resilience Amidst Shifting Production: Voestalpine Adjustments, Vallourec Gains Europe’s steel market presents a mixed picture. “Voestalpine warned of possible job cuts at two plants in Austria“ indicates potential capacity adjustments due to US tariffs and weak demand, while “France’s Vallourec increased its profits in the third
Europe Steel: HRC Prices Stable Amid CBAM Uncertainty; Long Products Flat; Select Plant Activity Shifts Europe’s steel market presents a mixed picture. Hot-rolled coil (HRC) prices are stable but buyers are wary, while the long products market remains flat. As reported in “European steel HRC prices steady; buyers doubt durability
India Steel Market: FTA Talks Drive Optimism Amid Stable Plant Activity India’s steel sector shows a positive outlook driven by ongoing FTA negotiations, despite largely stable steel plant activity levels. The potential impact of trade agreements discussed in “India, Canada Discuss Ways To Promote Bilateral Trade, Investments,” “‘Winning Partnership’: Piyush
European Steel Market Optimism: Tata Steel Investments Boost Sentiment Amidst Stable Plant Activity Europe’s steel market displays a very positive sentiment, underpinned by significant investments into green steel transition and plant modernization. Specifically, “Germany’s Miebach to supply Tata Steel UK with new laser welding machine” signals technological advancements in coil