THE BLOG
February 24, 2025
The global rebar market has started 2025 with a strong upward trend, with prices increasing in most regions due to rising production costs, supply chain disruptions, and recovering steel demand.
Since the beginning of the year, rebar prices have surged in key markets such as Europe, the U.S., and Asia, driven by higher raw material costs, increased scrap prices, and positive momentum in construction activity. At the same time, China has seen a mixed trend, with prices fluctuating due to weak domestic demand and government interventions in the steel industry.
As global demand for rebar continues to rise, this article explores key market developments, factors influencing price movements, and forecasts for the coming months.
February 23, 2025
The global steel industry has witnessed a positive shift in early 2025, with scrap metal prices recovering by 1.5-2% since the beginning of the year. This increase is largely driven by improved demand, supply chain adjustments, and fluctuating economic conditions worldwide. The scrap metal market plays a critical role in steel production, influencing raw material costs and overall industry profitability.
This article explores the key factors behind the recent price recovery, regional market trends, and what industry players can expect in the coming months.
February 22, 2025
The steel industry has long been one of Ukraine's economic cornerstones, representing a significant contributor to the country's GDP and export revenues. However, the year 2024 presented new challenges and milestones for this critical sector. Despite some growth, the consumption of rolled steel in Ukraine slowed to a modest 10% compared to previous years. This blog explores the factors influencing this deceleration, the transformation of Ukraine's war-torn steel industry, and forecasts for 2025, while highlighting the global importance of Ukraine's steel production.
February 17, 2025
Steel and aluminum are vital materials for modern infrastructure and industrial development. They are indispensable to key sectors such as construction, automotive manufacturing, defense, and energy. The United States, as one of the largest economies in the world, has a significant appetite for these materials. But where does this massive supply of steel and aluminum come from, and how much does the U.S. consume annually? Let’s dive into the data and trends to understand the country’s dependence on steel and aluminum and its sourcing strategy.
February 16, 2025
In recent months, China has introduced sweeping export bans on key engineering talent and advanced manufacturing equipment. These restrictions are sending shockwaves across global industries, disrupting manufacturing operations overseas and creating uncertainty for countries dependent on Chinese machinery and expertise. This move is part of China's growing emphasis on safeguarding its technological advances and bolstering its own industries, but it comes at a steep cost for foreign manufacturers.
February 14, 2025
Vietnam has rapidly become a key player in the global metal manufacturing industry, emerging as a competitive alternative to countries like China and India. With a combination of cost-effective labor, advanced production capabilities, and a strategic location, Vietnam's metal manufacturing sector is experiencing unprecedented growth. This article explores the key factors behind Vietnam's success in the metal manufacturing industry, its strengths, opportunities, and challenges, as well as why global businesses are increasingly sourcing metal products from Vietnam.