Global steel markets remain policy- and supply-driven, with wide regional price divergence and limited demand support. Trade measures and regulatory costs continue to underpin US and EU pricing, while China constrains global upside. Volatility is likely to persist in 2026, reinforcing the need for active sourcing, pricing discipline, and regional exposure management.
In our Q1 report, we break down:
- Regional price trends and forecasts
- Upwards and downwards market drivers
- Input costs
- CBAM Impact
- Section 232
