Tariff Threats and Demand Shifts Impact Steel Prices ...Middle East

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) remained sideways, with a modest 0.78% increase from January to February. However, steel prices could still be in for significant volatility. Mills Push for Price Increases After Weak Q4 As Q4 financial results started to pour in, they reflected a challenging end to 2024. While data from Cliffs has yet to be published, total combined shipments from Nucor, SDI and U.S. Steel hit their lowest level in two years. U.S. Steel described the quarter as “a sequentially weaker average selling…

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