The following prices were affected: MB-STE-0892 – Steel hot-rolled coil index, domestic, exw Italy, € per tonne MB-STE-0028 – Steel hot-rolled coil index, domestic, exw Northern Europe, € per tonne. These prices are part of the Fastmarkets steel package. For more information, or to provide feedback on the delayed publication of these indices, or if you would […]

Steel energy tube and pipe prices will continue rising amid the US war with Iran and a lack of imported material, Cody Schlueter, president and owner of Port Pipe and Tube, told Fastmarkets in an exclusive interview on May 4.

US steel mills were operating in April 2026 at their highest capacity utilization rate since 2024, but because many domestic producers have gone long on contracts this year, buyers continued to report difficulty in securing tonnages of steel hot-rolled coil on the spot market.

The US domestic Galvalume price increased by $30 per ton in April despite soft end demand. The coated price boosted solely based on continuing strength in the hot-rolled coil market, sources said.

Fastmarkets’ April 2026 revision to its global crude steel production forecast underscores how policy actions, geopolitical disruptions and cost pressures are reshaping the near-term steel supply outlook.

The Philippines’ steel industry is entering an inflection point, with the market gradually evolving from import reliance toward a more balanced and supply-secure growth trajectory supported by domestic investment and capacity expansion.

China’s emergence over the past two decades has reshaped global trade. What began as rapid export-led expansion in the early 2000s has evolved into a far more strategic model: one centered on control of intermediate goods, deep integration into global supply chains, and the creation of structural dependencies across industries and regions, according to Mexico’s former ambassador to China, Jorge Guajardo.

Few industrial transformations are as exposed to a single policy signal as green steel — where the EUA price can be the difference between a viable business case and a stranded asset.

North American automotive OEMs are navigating one of the toughest cost pressures today: raw material volatility. As supply chains become more localized through USMCA, the IRA, and reshoring, manufacturers continue to face rising material price risks.

European automotive OEMs and Tier 1 suppliers are facing a period of unprecedented market uncertainty.