Iron ore dips on weak steel demand and rising China port inventories, putting additional pressure on the global steel industry. This trend has raised concerns among steel producers, especially as China—the world’s largest consumer of iron ore—struggles with sluggish construction demand and oversupply. The Chart of the Day underscores how the steel sector is at … Read more
The global stainless steel pipes and tubes market is projected to surpass USD 48.81 billion by 2030, growing at a CAGR of 4.53% between 2025 and 2030. The growth is fueled by rising demand in the oil & gas, chemical, construction, and power generation sectors, along with increasing investments in infrastructure and renewable energy. Despite … Read more
The US steel crunch puts solar deployment plans at risk, creating delays, raising costs, and threatening America’s renewable energy transition. Steel, the backbone of solar projects, is in short supply due to global supply chain disruptions, rising domestic demand, and restrictive trade policies. Without urgent solutions—such as expanding domestic green steel production, recycling, and better … Read more
The high-speed steel (HSS) industry sector report outlook reveals that the market is poised for steady growth, fueled by rising demand in automotive, aerospace, industrial machinery, and energy applications. Despite challenges from substitutes like carbide tools, HSS remains an indispensable material due to its toughness, wear resistance, and cost-effectiveness. This report explores forecasts, key players, … Read more
The steel rolling products cost model provides insights into how raw materials, especially scrap metal, are converted into sustainable value-added steel products. Rolling is one of the most cost-intensive yet value-creating processes in the steel industry. By analyzing input costs, energy consumption, labor, technology, and sustainability factors, businesses can optimize margins and comply with global … Read more