The company cites rising raw material costs Metallurgical company Tata Steel UK has raised prices for hot-rolled coil (HRC) by £125/t to £620/t per tonne and for hot-dip galvanized coil by £140-150/t in the second quarter. This was reported by Argus Media, citing sources. According to the agency, some service centers have received such offers for hot-rolled coil, which is higher than the previous level, which was closer to £540-550/t (ddp West Midlands). According to some buyers, Tata is implementing a phased price increase, adding another £40/t in May and June. Other customers have not received HRC allocations for April 2026 and phased pricing in the following months. The company cites rising raw material costs, particularly for slabs and zinc, as well as the price discrepancy between the UK and Europe. Slabs, Argus notes,...

Energy consumption in the industry decreased by 4.3% y/y during the month In January 2026, Chinese steel enterprises that are members of the CISA industry association reduced their total waste gas emissions by 1.11% compared to January 2025. This is evidenced by data from the association. Despite the overall decline, emissions of major pollutants in gases also decreased: sulfur dioxide by 16.5%, particulate matter by 7.86%, and nitrogen oxides by 16.93% y/y. Energy consumption by participating companies in January decreased by 4.28% y/y. Total energy consumption per ton of steel increased by 0.94% y/y, and comparable consumption increased by 0.91% y/y. Electricity consumption per ton of steel increased by 5.11% y/y. Electricity consumption increased by 2.89% y/y. Own electricity production increased by 5.79% y/y, and its share in the total balance increased by 1.65 p.p. ...

The forum will address a wide range of issues related to dynamics and challenges in the steel and raw materials markets The 22nd Steel Development Strategy Conference, organized by SteelHome, will be held in Shanghai, China, from April 16 to 17, 2026. The conference will focus on a wide range of key issues related to the dynamics and challenges in the steel, iron ore, coal, and coke markets. The event will serve as a platform for in-depth discussion of new trends, market factors, technological progress, sustainability initiatives, and other topics. It is expected to bring together around 1,000 participants, including representatives of government agencies, industry associations, more than 150 steel plants, mining companies, traders, leading research institutes, influential media outlets, and delegates from more than 30 countries around the world. The conference provides an...

EUROFER warns that expensive electricity is slowing down investment and decarbonization and threatening steel production The European Steel Association EUROFER supported a joint appeal from the industry, adopted in Antwerp on the eve of the EU leaders’ meeting on February 12. The industry is demanding urgent measures to reduce the cost of electricity, which determines the competitiveness of European industry and economic stability. The association stressed that consistently high and volatile electricity prices, further increased by taxes and carbon costs, have become one of the main obstacles to investment, electrification, and decarbonization of the steel industry. According to industry estimates, returning tariffs to a level close to the pre-crisis 2021 level – approximately €44/MWh – is critical to preserving production chai...

The coming year may be more successful for the Hungarian steel market than 2025. Hungary is weathering the pan-European economic crisis much more severely than other EU members. Since 2022, the country has not received any money from European budget funds due to the official position of Budapest on a number of domestic political issues. While in Italy, Poland, and Romania, steel demand is significantly supported by EU funding for infrastructure projects, Hungary is deprived of this opportunity. The resumption of European funding remains unrealized potential for the expansion of the Hungarian steel market. Hopes for improved steel sales in 2026 are linked to the restoration of funding for development programs by Viktor Orbán’s government and foreign investment in industry. The example of Hungary shows that the state can stimulate steel consumption even...

In December, deliveries increased by 3.5% y/y, with the annual volume exceeding 90.9 million short tons Shipments of steel products from US steel mills in 2025 increased by 4.9% compared to 2024, reaching 90.95 million short tons, according to the American Iron and Steel Institute (AISI). In December 2025, US steel companies shipped 7.45 million tons of steel, which is 3.5% more than in December 2024 (7.21 million tons). On a monthly basis, the figure increased by 5.4% compared to November 2025, when shipments amounted to 7.07 million tons. Overall, shipments in 2025 exceeded the 2024 level (86.70 million tons) by almost 4.25 million tons, indicating a gradual recovery in domestic demand and increased steel consumption in key sectors of the economy. The structure of shipments by product type shows uneven dynamics. Compared to 2024, shipments of corrosion-...