Global steel markets remain driven by policy, supply constraints, and regional imbalances, with continued divergence across major markets. Tariffs, input cost pressures, and import restrictions are supporting pricing in the US and EU, while China’s persistent oversupply and weak demand continue to limit upside. Prices are expected to remain relatively stable with modest upward pressure in Western markets.
In our Q2 report, we break down:
- Regional price trends and forecasts
- Upwards and downwards market drivers
- Input costs
- Section 232 Metals tariff changes
