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MEPS (International)

All articles from MEPS (International)

Collapse in stainless-steel production

MEPS estimates this year's global output at 27.5 million tonnes - 2.5% down on the figure in the previous 12 months.

News from Engineeringtalk, 26 December 2007

Steel sales set to dip

Western steel makers' financial performances will be badly hit in the August to December period.

News from Engineeringtalk, 3 October 2007

Nickel price level leads to stainless innovation

The rising cost of nickel has led several stainless-steel producers to introduce new grades with lower (or even zero) nickel content.

News from Engineeringtalk, 4 June 2007

World steel production rises

MEPS (International) predicts global steel output rising to approximately 1314 million tonnes in 2007 - more than 5.5% up on the year earlier figure.

News from Engineeringtalk, 11 May 2007

Steel market strengthens

Although MEPS has noted some price improvement for hot rolled coil, customers are resisting paying more for cold rolled and coated steel.

News from Engineeringtalk, 1 March 2007

Stainless steel set for price rises

The record average nickel price in February 2007 at above US $41,000 per tonne will result in substantially higher alloy surcharges for austenitic grades of steel in the near term.

News from Engineeringtalk, 1 March 2007

European strip products sow healthy value

Underlying demand for strip products remains healthy in most EU countries.

News from Engineeringtalk, 20 February 2007

Global steel output to rise more than 5% in 2007

The past seven years of this millennium have been the most productive in the history of the steel industry - rising by more than 450 million tonnes over the period.

News from Engineeringtalk, 30 January 2007

European steel prices may fall further

European steel buyers sense that prices may fall further during the first quarter as commercial quality material is readily available from a number of sources at highly competitive prices.

News from Engineeringtalk, 24 January 2007

Stainless steel sector outgrows market

The world's stainless steel sector will record an unprecedented jump in crude production this year.

News from Engineeringtalk, 22 December 2006

China changes the face of the steel market

All the world's steel markets are being affected by the upsurge in Chinese exports that has taken place over the last two years.

News from Engineeringtalk, 21 December 2006

EU steel prices slip as import threat intensifies

Steel prices in the main West European markets have started to look a little weaker

News from Engineeringtalk, 15 December 2006

Chinese stainless steel is creating trade tensions

Korea's Posco inaugurated its new stainless steel melting shop in China last month - an addition that consolidates China's recently won position as the world's largest stainless steel producing nation

News from Engineeringtalk, 7 December 2006

Little change for American carbon steel prices

In the flat products category, the forecast for the next twelve months is little changed from assumptions made four weeks ago reports MEPS

News from Engineeringtalk, 7 December 2006

Global steelmakers chase raw materials

The increases in the cost of steelmaking raw materials are driving many of the efforts at mergers and acquisitions that are reshaping the global steel industry.

News from Engineeringtalk, 28 November 2006

Steel production growth to contine

A new report from MEPS profiles global iron and steel production to 2010.

News from Engineeringtalk, 24 November 2006

Chinese steel distorts European picture

Some European steel prices are now quite markedly starting to dip.

News from Engineeringtalk, 20 November 2006

Global steel manufacturing marches on

MEPS forecasts global crude steel manufacturing this year at 1237 million tonnes.

News from Engineeringtalk, 13 November 2006

Record high prices for stainless steel

Stainless steel prices have reached record levels, and look set to advance still further in the next few months.

News from Engineeringtalk, 6 November 2006

Merger to create steelmaking giant

The Tata-Corus merger will keep consolidation uppermost in the strategic thinking of steel company executives all around the world.

News from Engineeringtalk, 1 November 2006

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