American Metal Market is part of Fastmarkets

The Gulf states are entering a “golden age” for steelmaking and Gulf Cooperation Council (GCC) countries aim to be at the forefront of the global drive to “green steel,” delegates were told at Fastmarkets’ Middle East Iron & Steel Conference in Dubai on Tuesday December 13

Cleveland-Cliffs has introduced a new product line of non-oriented electrical steels (NOES) for power generation in North America, reflecting rising interest in electrical steels

The US steel industry has mostly dismissed the recent World Trade Organization ruling against Section 232 tariffs on steel and aluminium imports and does not expect it to have much, if any, impact on the market

Steelmakers offering lower-carbon steel reinforcing bar (rebar) have a competitive advantage over traditional rebar producers, even if customers are unwilling to pay a premium for it in a price-sensitive market, according to David Stickler, senior managing partner of Global Principal Partners

Cleveland-Cliffs has increased its flat steel spot market base prices for the second time in just over two weeks, and participants think the market can absorb some of this increase, but not necessarily in full

Fastmarkets is extending the consultation period for its proposal to launch an assessment of the secondary aluminium billet premium, delivered duty paid Europe, for a further two weeks, following initial feedback on the proposed specifications.