statementSaid on 2026-10-28
The global steel market shows trends in the Black Sea region, China and the Middle East, along with key changes in the European market.
A statement by argus_price_agency, said on 2026-10-28. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Глобальный рынок стали: тенденции в Черноморском регионе, Китае и на Ближнем Востоке, а также ключевые изменения на европейском рынке
Related claims
China, the Middle East and the Black Sea region influence the global steel market situation.argus_price_agency · statementLaura Stoyanova analyzes the key drivers of the steel market, trade flows, the situation in the largest producing and consuming regions, and the factors influencing price dynamics.argus_price_agency · statementAccording to Sumitomo Metal Mining, about 800-900 thousand tonnes of black mass are generated worldwide annually, while total processing capacity is roughly twice the available volume; a significant part of this capacity is concentrated in China.Sumitomo Metal Mining · statementRussia entered the top 10 destination markets.Daily Brief · statementAt a government meeting, Kobakhidze stated that the country will do everything possible to strengthen ties with the region, which is viewed as a key link in the chain connecting the Caspian with the Black Sea, and therefore with Western markets.Ираклий Кобахидзе · commitmentThe reduction in purchases is linked to rising world prices, a stronger dollar and logistical disruptions in the Black Sea region.UkrAgroConsult · statement
More claims by argus_price_agency
The largest decline occurred in China: supplies fell to 24.7 thousand tonnes due to reduced production of transition grades of PP; all exports to China went through the Dostyk-Alashankou crossing.statementExports to Turkey fell to 32.5 thousand tonnes due to part of the shipments switching to road transport.statementSupplies to Germany (7.4 thousand tonnes) and France (4.9 thousand tonnes) increased, with the product starting to be sent there through the port of St. Petersburg.statementPP supplies to Europe grew to 54 thousand tonnes; Poland remained the largest buyer, although volumes there declined slightly.statementThe second producer, «Нефтехим Ltd», mainly supplies products abroad by road transport.statement
All claims by argus_price_agency