Weekly Steel Market Overview: Key Trends & Price Movements Weekly Steel Market trends dominate the spotlight this week, revealing how shifting trade policies and strong demand shape global price movements.China’s booming metals market contrasts weaker global prices, while US tariffs stir uncertainty across the Weekly Steel Market, influencing trade flows worldwide. To help you quickly […]

Weekly Steel Market Insights: Key Drivers and Global Trade Developments Weekly Steel Market insights lead the news this week, showing differences between China’s strong market and weaker global metal prices.China’s steel and new energy metals rose thanks to expected production cuts and help from government policies.Overseas markets, like the LME, saw prices fall, reflecting weaker

Mauritius Budget 2025 marks a turning point for the country as it tackles high public debt, inflation, and slow economic recovery.With the theme “From Abyss to Prosperity,” the budget sets bold goals around innovation, social equity, and fiscal consolidation.It responds to growing domestic pressures and global economic uncertainty while aiming to rebuild confidence across key

Weekly Steel Market Overview: Key Drivers and Policy Developments Weekly Steel Market developments took center stage this week as global pricing, trade tensions, and legal battles over US tariffs dominated headlines. From Taiwan’s sharp rise in section steel prices to President Trump’s decision to double tariffs on imported steel and aluminium, the market reacted with

Weekly Steel Market Trends: Output Declines & Trade Shifts Weekly Steel Market dynamics shifted again as falling April output met volatile trade flows and fresh tariff threats.Global crude steel production slid in April, India turned net importer, and stainless inventories stayed stubbornly high. Raw-material prices held steady, yet demand signals stayed weak, keeping most benchmarks

Weekly Steel Market Pulse: Momentum Rebounds Across Flat and Long Products Weekly Steel Market momentum returned to the metals complex this week, with almost every flat- and long-product benchmark posting healthy gains. Iron-ore’s futures-driven rally, coupled with renewed mill restocking in China, set a bullish tone that filtered through billets, wire rod and rebar. Hot-

US Tariff Developments – Geneva Talks Signal Trade Reset In early May 2025, U.S. President Trump and Chinese President Xi Jinping met in Geneva to address escalating trade tensions and initiate critical US tariff developments. The discussions resulted in a series of impactful changes, including a 90-day tariff pause, potential tariff reductions, and renewed economic

Weekly Steel Market Insights – Key Price Movements & Trends The weekly steel market report for the week ending 9 May 2025 reveals a blend of gains and losses as steel price trends, tariff updates, and supply chain adjustments shaped steel and metal market movements globally. From iron ore to aluminium, markets responded to both

Weekly Steel Market -Price Stability Amid Tariff Turmoil This week’s weekly steel market analysis captures a moment of fragile stability overshadowed by deepening uncertainty. Labour Day shutdowns across key markets (China, EU, LME) kept mid-week activity low. ( Fastmarket) While prices for flat products like HRC, CRC, and HDGI remained stable, raw material movements—particularly iron

Market Overview (Week-on-Week Changes) Product (Basis) Trend Weekly Δ Commentary Source Iron Ore CFR China ▼ -2% Dipped for 2nd week on oversupply and weak mill demand. Reuters, SteelOrbis Scrap HMS 2 CFR Turkey ▼ -1% Turkish mills reduced intake; offers retreated to mid-$340s. SteelOrbis Billet FOB China → 0% Stable around $420–430/t; no fresh