News
- Baosteel is raising prices for hot-rolled steel for August sales
The increase in supply reflects expectations of a future improvement in demand
- Zaporizhstal reduced steel output by 7.7% y/y in 1H2026
Pig iron production fell by 9.5% y/y over the period
- Germany increased its steel production by 7.3% y/y in May
Compared with the previous month, the figure fell by 0.9%
- Prices for hot-rolled coils in Europe fell by 2-4% m/m in May
The Chinese and US markets saw a slight increase in average prices