Nucor announces its fourth consecutive HRC price cut, dropping to $870/t. US steel market trends show declining prices, with Cleveland-Cliffs also reducing June offers. Get the latest updates on steel prices and market conditions.

EU's direct reduced iron (DRI) imports fell 18% year-on-year to 587.3k tons in Q1 2025. Russia remains top supplier despite 26.8% decline, while Italy leads EU demand with 351k tons (+88.5% y/y). Latest Eurostat analysis.

In April 2025, China witnessed a significant 13.4% yearly surge in steel exports, reaching a high not seen since 2015. This increase is attributed to the rising trade tensions and anti-dumping measures, forcing Chinese sellers to seek new markets.