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Steel Market in Asia Faces Pressure: Activity Declines Amid Production Cuts In Asia, the steel market is increasingly strained as demonstrated by the insights from Global steel production fell by 6.5% y/y in January and World crude steel output down 6.5 percent in January 2026. These reports highlight significant reductions
Negative Steel Market Outlook in Germany: Rising Heating Costs and Sluggish Plant Activities Germany’s heating policy reform poses significant risks to the climate and the steel market. Recent reports, such as German heating proposals ‘jeopardise climate targets’ (2026-02-24) and Deutschland-Blog: Grüne warnen vor “neuer Heizkostenfalle” | FAZ (2026-02-25), underline growing
Europe’s Steel Market Sees Positive Momentum as Domestic Supply Picks Up European steel markets are experiencing a bullish shift due to notable domestic production increases amid rising import prices affected by the Carbon Border Adjustment Mechanism (CBAM). Key developments include Acciaierie d’Italia restarts BF No. 2 and Acciaierie d’Italia shuts
European Steel Market Analysis: Impacts of UK Quota Changes and Plant Activity Trends Recent developments in the European steel industry highlight a neutral market sentiment amid shifting regulatory frameworks and fluctuating steel plant activity levels across the continent. The recent articles UK to remove Turkish HDG quota exemption and UK
Ukraine Steel Market: Activity Trends and Procurement Insights Amid Global Dynamics Recent developments in Ukraine’s steel market reflect fluctuating plant activity levels, amidst evolving global trade dynamics. Notable news, such as the UK to remove Turkish HDG quota exemption and UK’s TRA amends TRQ for merchant bars, sections, suggest an
Positive Momentum in India’s Steel Market: Enhanced Activity and Stable Demand Signals Growth In India, recent developments indicate a positive sentiment in the steel market. This momentum is reflected in the article “India’s NPK/NP stocks rise in January,” which describes increased imports of NPK and NP fertilizers, hinting at robust