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Steel Industry Economics News

European Steel Plate Prices Unchanged on Limited Trading; Italian ...
italy market steel
26 October 2026
European steel heavy plate prices were stable in the week to Thursday October 22, with limited…
https://eurometal.net/european-steel-plate-prices-unchanged-on-limited-trading-italian-mills-continue-targeting-higher-levels-for-2027/


Nucor Has What It Takes to Capitalize on the Tailwinds in the ...
nucor steel trade usa
24 October 2026
Nucor Corporation is well-positioned to benefit from U.S. steel market tailwinds, driven by tariffs and robust infrastructure/data center demand. NUE's flexible cost structure—electric arc furnaces, semi-variable payroll, and vertical integration— …
https://companies.einnews.com/article/951984332?lcf=xgyvabykuLNgZ5DVug6dXCU94D2Sqs87prISK7QXoGM=


Metal Formers Grow More Cautious about Economic Outlook
23 October 2026
Most metal forming manufacturers anticipate no change in general economic activity in the next three months, but a growing percentage anticipate a decline, according to the October 2026 Precision Metalforming Association "Business Conditions Report."
https://www.thefabricator.com/thefabricator/news/shopmanagement/metal-formers-grow-more-cautious-about-economic-outlook


Kraftblock Study: Large Amounts of Waste Heat Remain Unused in ...
europe investment steel
23 October 2026
Kraftblock Study: Large Amounts of Waste Heat Remain Unused in the Steel Industry 23.10.2026 At current gas prices, the unused waste heat from the flare alone in an average European steel plant is worth just under €14 million per year. In almost every other key production step of steelmaking, too, energy is lost as waste heat that could be recovered with storage technology available today. Read more
https://www.wire-tradefair.com/en/Media_News/News/Industry_News/Kraftblock_Study_Large_Amounts_of_Waste_Heat_Remain_Unused_in_the_Steel_Industry


Steel Dynamics Press Release: 23 October 2026
steel steel dynamics
23 October 2026
Steel Dynamics News: KeyBanc raises Steel Dynamics stock price target on steel spreads
https://www.investing.com/news/analyst-ratings/keybanc-raises-steel-dynamics-stock-price-target-on-steel-spreads-93CH-4969819


Italian Rebar Prices Under Upward Pressure as Strikes in Southern ...
italy market
23 October 2026
Italian rebar prices remained stable on Wednesday October 21, with producers maintaining upward…
https://eurometal.net/italian-rebar-prices-under-upward-pressure-as-strikes-in-southern-italy-threaten-logistics/


Jindal Stainless Q2fy27 Net Profit Rises 11% to ₹898 CR, Revenue ...
jspl results stainless
22 October 2026
Jindal Stainless reported an 11 per cent rise in Q2FY27 net profit to Rs 898 crore, supported by higher sales volumes, strong exports and demand for value-added products
https://www.business-standard.com/companies/news/jindal-stainless-q2fy27-net-profit-rises-11-to-898-cr-revenue-up-18-126102201165_1.html


Fortescue Warns of Pilbara Cuts if China Deadlock Continues
australia fmg iron ore production
22 October 2026
The iron ore miner's stockpiles are growing amid Beijing's hardball tactics. It may be forced to cut production if an agreement cannot be reached.
https://www.afr.com/companies/mining/fortescue-flags-trouble-ahead-if-china-talks-remain-unresolved-20261022-p61789


Local HRC Prices Edge Higher in Italy on Limited Import Options; ...
italy market steel
22 October 2026
Daily steel hot-rolled coil (HRC) prices rose slightly in Italy as the absence of cheaper imports…
https://eurometal.net/local-hrc-prices-edge-higher-in-italy-on-limited-import-options-northern-europe-stays-quiet/


New Dxf Quoting Capabilities Help Manufacturers Quote Faster
21 October 2026
Paperless Parts has announced new DXF capabilities in Paperless Parts Quoting that bring geometry-driven costing to DXF files.
https://www.thefabricator.com/thefabricator/product/cadcamsoftware/new-dxf-quoting-capabilities-help-manufacturers-quote-faster


Steel Dynamics Press Release: 20 October 2026
results steel steel dynamics
20 October 2026
Steel Dynamics News: Earnings call transcript: Steel Dynamics posts Q3 2026 revenue beat, EPS miss
https://www.investing.com/news/transcripts/earnings-call-transcript-steel-dynamics-posts-q3-2026-revenue-beat-eps-miss-93CH-4960691


Cleveland-cliffs Declines 6% as Profit Taking Follows Strongest ...
results steel
20 October 2026
Cleveland-Cliffs just posted its best quarter in three years, yet traders are fleeing the stock this morning while the broader steel sector sits nearly flat. Whether this selloff is a buying opportunity or a warning sign depends on one looming… Shares of …
https://companies.einnews.com/article/950998464?lcf=xgyvabykuLNgZ5DVug6dXCU94D2Sqs87prISK7QXoGM=


Why Cleveland-Cliffs Stock Popped Today
market steel
19 October 2026
Cleveland-Cliffs (CLF +19.06%) confirmed today what most steel sector observers expected. Strong steel prices helped the company more than double its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) just since last quarter …
https://companies.einnews.com/article/950780690?lcf=xgyvabykuLNgZ5DVug6dXCU94D2Sqs87prISK7QXoGM=


Rio Tinto Says Oil Price Shock Advantages Australian Miners
australia mining production rio tinto
14 October 2026
Rio Tinto says rivals with longer shipping routes are curbing production as fuel prices play to Australia's geographic advantage.
https://www.afr.com/companies/mining/rio-tinto-says-oil-price-shock-advantages-australian-miners-20261014-p615ab


Glencore Pins Hopes on ASX Debut to Close BHP Valuation Gap
glencore mining switzerland
12 October 2026
Investors and analysts predict that the Swiss-based mining giant's new Australian securities will be eagerly embraced by local investors this week.
https://www.afr.com/companies/mining/glencore-pins-hopes-on-asx-debut-to-close-bhp-valuation-gap-20261012-p6147p


Kazakhstan: $150-Million Modernization Plan Underway for Rare ...
investment kazakhstan metals
9 October 2026
The rare earth metals plant (Sacero LLP) in Stepnogorsk, owned by the Kazakh company Silkway Metals (a subsidiary of Australia’s Lindian Resources), was announced by the Akmola region akimat (state administration). The project is estimated to cost $150 million. Of this, $50 million is planned for upgrading the existing plant, and another $100 million for…
https://metalukraine.com/2026/10/09/kazakhstan-150-million-modernization-plan-underway-for-rare-earth-metals-plant.html


Naveen Jindal Weighs Bid for EU Firm Celsa
europe jspl steel
8 October 2026
Naveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discussions are at a preliminary stage and could attract competition from other bidders. Celsa, headquartered in Barcelona, has a manufacturing capacity of 7.5 million tonnes and is focused on long steel products. The creditors controlling Celsa have invested significantly to stabilize the company's finances after a lengthy restructuring.
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/naveen-jindal-weighs-bid-for-eu-firm-celsa/articleshow/134601730.cms


Azerbaijan: Electronic Monitoring of Metallurgical Industry Development ...
azerbaijan mining
6 October 2026
The implementation of the State Program for the Development of the Mining and Metallurgical Industry of Azerbaijan for 2027-2030 will be monitored through an electronic system. Prime Minister Ali Asadov signed the corresponding order. The Center for Analysis of Economic Reforms and Communications has been instructed to create a special module on the e-monitoring portal…
https://metalukraine.com/2026/10/06/azerbaijan-electronic-monitoring-of-metallurgical-industry-development-to-be-implemented.html


Jindal Stainless, Iocl Renew Lubricants Supply Pact for Five ...
india jspl stainless
5 October 2026
Jindal Stainless, one of India's leading stainless steel manufacturers, and Indian Oil Corporation Limited (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for
https://www.chemanalyst.com/NewsAndDeals/NewsDetails/jindal-stainless-iocl-renew-lubricants-supply-pact-44812


Steel Ministry Asks SAIL, NMDC to Explore Overseas Mineral Assets
india mining sail
4 October 2026
The Steel Ministry has asked its undertakings, SAIL and NMDC, to explore mineral assets abroad to help secure long-term raw material requirements and support input costs, an official said. Steel Authority of India Ltd (SAIL) is India's largest public sector steel-making entity, and NMDC is the country's leading iron ore player. On a query on whether steel PSUs, especially SAIL and NMDC, have been asked to look for mining assets abroad, the senior ministry official replied in the
https://www.business-standard.com/economy/news/steel-ministry-asks-sail-nmdc-to-explore-overseas-mineral-assets-126100400120_1.html


Number of business news reports: 20