News
- Reference prices for Brazilian slab rose by $25 per ton in February
Slab prices rose on the European market, taking into account CBAM costs
- Global stainless steel production in 2025 grew by 2.1% y/y
China's figure last year was 40.87 million tons
- Nucor raises hot-rolled coil prices for the sixth consecutive time
Offers rose by $10 to $990/t for all companies except California Steel Industries, where the price reached $1040/t
- Turkish steelmakers expect steel production in the country to grow by 7% in 2026
New EU quotas and agreement with India will increase pressure on Turkish exports
- China exported over 5 million tons of stainless steel in 2025
Imports of these products amounted to 1.52 million tons
- Global steel production in 2025 decreased by 2% y/y
In December, this indicator decreased by 3.7% on an annualised basis