Home Company Profile Steel Industry Analysis Meps Publications Consultancy Independent Studies
MEPS Steel Prices On-line MEPS Steel Reports On-line MEPS Industrial Sector Steel Price Index

Company Profile
Steel Industry Analysis
MEPS Steel Publications
MEPS World Steel Prices
Steel Statistics
Independent Studies
Request Free Publications
MEPS Index Steel Prices
Subscribe to Publications
MEPS Steel News
Industry News
Steel Links
Subscription Rates
Add Link To Website
Content for Websites
Site Map
World Carbon Steel Price
World Carbon Steel Price Index
EU Carbon Steel Price
EU Carbon Steel Price Index
Asia Carbon Steel Price
Asia Carbon Steel Price Index
North American Carbon Steel Price
North American Carbon Steel Price Index
Flat & Long Carbon Steel Price
Flat & Long Carbon Steel Price Index
All Products Composite Steel Price & Index
Stainless Steel World Price
Stainless Steel World Price Index
EU Stainless Steel Price
EU Stainless Steel Price Index
Asia Stainless Steel Price
Asia Stainless Steel Price Index
North American Stainless Steel Price
North American Stainless Steel Price Index
Home > MEPS Steel News - 24.03.2015


Steel prices have recently held up in the Nordic region according to MEPS. Hot rolled coil producers are hoping to secure further increases. However, transaction values are being held back by fierce competition between suppliers.

Sales tonnages of commodity plate have been poor since the turn on the year. Lacklustre demand and downward pressure from Russian imports are likely to result in lower selling figures in the second quarter.

The mills have had no success in raising cold rolled coil values as raw material costs have fallen and demand remains subdued. Service centres are offering very competitive selling figures in an effort to increase market share. Sales of coated coil to the automotive sectors are good. The mills are offering low prices to end-users, in an effort to secure more direct business.

Declining scrap costs and lacklustre steel consumption have resulted in wire rod producers failing to secure price rises in March. Export volumes of structural sections and beams have increased due to the shift in exchange rates between the US dollar and European currencies. The lower input costs have had no effect on domestic selling figures for this product.

Despite construction activity being reasonable, rebar selling figures have decreased, affected by the rapid drop in scrap figures. Competition for orders, in the region, remains strong. Manufacturing activity is subdued. As a result, demand for merchant bar is lacklustre. However, sales tonnages remain higher than at the same time last year.

Source: European Steel Review Supplement 
- March Edition

Also See: MEPS Nordic Index and MEPS Nordic Steel Prices

Free Sample copy of MEPS European Steel Review Supplement


Sign up for free MEPS steel news alerts

Enter e-mail address *Required


If you are a journalist please tick here: