In the period since April, a rapid shift in market fundamentals has occurred, in the #US #stainlesssteel sector. #GDP mepsinternational.com/gb/en/news/shi…

The S&P Global Eurozone #Manufacturing PMI fell to 49.8, in July - it's lowest figure since June 2020. Confidence has sunk in the past three months. Market participants report that #European #steel market activity is at a very low base, even for the traditional summer period.

Welcome back to our monthly 'meet the experts' series. Here you get the opportunity to glimpse behind the scenes at MEPS International and meet the people behind the data. Stuart Gray #meps #meettheexpert #steelmarketanalyst linkedin.com/feed/update/ur…

#steelcity #TheWorldFirst #partnership

One year ago, large swathes of Europe were suffering from the aftermath of severe flooding. Transport routes were heavily disrupted, hampering the supply of raw materials and finished steel goods. #Europe #automotive #Steel mepsinternational.com/gb/en/news/plu…

Welcome back to our monthly 'meet the experts' series. Here you get the opportunity to glimpse behind the scenes at MEPS International and meet the people behind the data. Bryan Hall #meps #meettheexpert #steelmarketanalyst linkedin.com/feed/update/ur…

Demand for steel is slow to recover, after the summer break. Mill production costs continue to increase. Steel purchasers are uncertain about the future direction of the market. #europeanunion #steel #production mepsinternational.com/gb/en/news/eur…

When Queen #Elizabeth II ascended the throne in 1952, global crude #steel #production stood at 212 million tonnes. By the end of her reign, in 2022, it had climbed to 1.9 billion tonnes – a dramatic increase of 800 percent. mepsinternational.com/gb/en/news/the…

How European gas prices surged to unprecedented heights and then plunged by two-thirds – and what it means for steel buyers. mepsinternational.com/gb/en/news/the…

The global stainless steel sector is currently characterised by deteriorating market sentiment, elevated distributor inventory levels, and inflationary pressures reducing the spending power of consumers. #stainless #steel #market mepsinternational.com/gb/en/news/sta…

Our 5-Year #steel #price #forecasts are available now and they are not to be missed! These crucial insights will help you make informed decisions about your steel purchases and ensure that you are getting the best value for your money. Order Today lnkd.in/dGbpEJrB

By the middle of January, several major European steel producers had signalled significant price rises to the market, citing increased input costs. Distributors are sceptical about the longevity of such a move. #European #steel #prices mepsinternational.com/gb/en/news/ste…

The earthquakes which struck Turkey and Syria, on 6 February, devastated buildings and cost many thousands of lives. Full reconstruction will take several years. #Turkiye #earthquake #Steel mepsinternational.com/gb/en/news/upw…

A lack of forward visibility and lingering recessionary concerns continue to have a negative impact on buyer confidence in the United States. #stainlesssteel #recession #USA mepsinternational.com/gb/en/news/us-…

Declining raw material values have continued uncertainty about stainless steel prices following MEPS International’s recent forecast that the market had yet to bottom. #stainlesssteel #rawmaterials #marketoutlook eu1.hubs.ly/H04rZDQ0

MEPS International has used its eye-catching company rebrand to underline the accuracy of its steel market data – and its evolution to better meet customers’ changing needs. #mepsinternational #steel #market eu1.hubs.ly/H04N3km0

Attending UK Metals Council Expo at @TheNECBirmingham on Sept 13-14? Meet us at stand C8, MEPS International, for #steelindustry insights, discussions, and consultations. Win a hospitality package at Sheffield United. Book a 1-2-1 consultation : insights.mepsinternational.com/meetings/meps/…

Steel traders told MEPS International they had been shocked by the addition of 25 percent tariffs on certain products entering Mexico. #Mexico #Steel #Imports eu1.hubs.ly/H052Ltm0

The future of stainless steel pricing models and the possibility of Amazon-style online buying platforms were explored in a MEPS International debate at the UK Metals Expo. #Stainless #Steel #UKmetalsexpo eu1.hubs.ly/H05tZ580

European Q2 2024 #ferrochrome benchmark settled at $1.52/lb, an increase of 5.6% from the first quarter of 2024. #rawmaterials #mepssteelprices