MEPS International’s latest Market in Minutes podcast explores the reasons why Southern Europe’s steel prices continued their recent decline in June, and how the trend is making the market increasingly "scary" for stockists.

Steel market analyst Benedicte Mikolajczak joined MEPS managing editor Tom Sharpe to reflect on her research among steel market participants in Italy and Spain, which featured in this month’s European Steel Review. The 12-minute podcast episode – part of MEPS’s Speaking of Steel podcast series – also shares insight into the outlook for the region’s steel supply, demand and prices.

Among the topics discussed in MEPS's latest Market in Minutes podcast are:

• How the downward steel price trend was making the business climate increasingly “scary” for Southern Europe’s stockists.
• Oversupply in a context of low demand from many of the region’s steel consuming sectors.
• The weak US dollar, and how it increased competition from low-cost steel imports during the May-July period.
• Southern Europe’s steel importers now “juggling” the challenges of antidumping duties, safeguard quotas and CBAM to source material.
• Will CBAM steer Southern Europe’s steel buyers towards domestic steel procurement, supporting prices in the second half of the year, and into 2026?