steel prices - Latest news GMK Center

Nucor and Gerdau once again announce adjustments to their hot-rolled coil offers and rebar

US producers report adjustments to supply of coiled steel and pipes

The market continues to be dominated by weak demand for finished rolled products and high uncertainty

The market continues to be dominated by low demand for finished rolled products and negative effects from US tariff policy

Analysts suggest that Black Sea FOB prices may fall to $430/t from $440-445/t in August

At the same time, quotations for welded pipes in Turkey increased by $13/t over the same period

Slight market recovery in China has pulled up prices in other regions as well

The market continues to be dominated by low demand for finished rolled products and negative effects from US tariff policy

Market conditions remain unfavorable amid geopolitical uncertainty

Asian suppliers have entered the U.S. market, but their supply is unlikely to be sustainable in the future

Market sentiment stabilized after the excitement of the imported steel duties

The company increased steel supplies to a record 3.5 million tons in the period under review