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Steel Director's Briefing - September 2023
29
September
2023
As we enter the Autumn months, the steel industry finds itself navigating through another period of uncertainty. The market has witnessed price reductions, following the record high levels reached in the last two years. There is a substantial influx of higher-priced stock arriving in the UK, from outside of Europe. This scenario has been further complicated by a decrease in demand, across most sectors - including the
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June 2023 - Steel Director's Briefing
07
June
2023
As the European steel industry continues to navigate its way through supply-side issues, we find ourselves yet again trying to understand what the impact of these ongoing constraints will be.
Much as we reported in our previous article, the price aspirations of European mills remain high, due largely to production problems at Tata and Arcelor. However, it's clear that buyer sentiment continues to attribute recent price increases
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Steel Director’s Briefing - Supply Challenges Continue to Impact European Steel Mills
As we reported last month, the European steel market has been grappling with a number of supply-side issues in recent times, with some gaps appearing in terms of stock availability for specific products. Consequently, European steel mills have continued to take the opportunity to further increase prices.
Turkish steel producers remain off
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