Prices for Turkish welded pipes climbed $60 to $655 per ton in March, driven by rising HRC costs and European demand, while U.S. OCTG pipe prices stayed stable.

Billet prices increased by $10–40 per ton in March due to the Middle East conflict, higher freight rates, and supply shortages affecting steel markets worldwide.

U.S. steelmaker Nucor increased its hot-rolled coil price to $1,025 per short ton, marking its tenth consecutive rise as American steel prices continue to climb.

EUROFER reports a 4.6% year-on-year rise in EU steel consumption in Q3 2025, signaling market recovery despite slow growth expected through 2026–2027.

Tata Steel UK has increased hot-rolled coil prices by £125/t to £620/t, citing rising raw material costs. Learn about the latest steel market trends and price adjustments.

Experts warn CBAM's planned expansion could weaken EU steel demand and spur deindustrialization. Read reactions from Eurometal, Assofermet and industry leaders.