Pig iron export, fob port of Vitoria/Rio, Brazil, $/tonne

China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity

The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.

Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.