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India sets export duties on steel, steelmaking raw materials
India has started to impose a 15% export duty on iron and steel products and raised the export duty on steelmaking raw materials such as iron ore to 50%
May 23, 2022
·
By Suresh Nair
Insights
Ukrainian steelmakers welcome US decision to suspend 232 tariffs, call for cancellation of other restrictions
Ukrainian steelmakers, particularly Metinvest and Interpipe, have welcomed the decision by the United States to suspend Section 232 tariffs of 25% against imports of steel from the country for one year
May 18, 2022
·
By Vlada Novokreshchenova
Insights
Fastmarkets creates separate weekly rebar price assessments for Italy, Spain
Fastmarkets today, Wednesday May 11, launches weekly price assessments for the Italian and Spanish domestic rebar markets, to replace its previous Southern European domestic rebar assessment.
May 11, 2022
·
By Ross Yeo
Insights
Open consultation on methodology for Manila steel billet price assessment – final decision
Fastmarkets invited feedback from the industry on the pricing methodology for steel billet import, cfr Manila, $/tonne (MB-STE-0141) via an open consultation process between February 14 and March 15, 2022.
March 21, 2022
·
By Lee Allen
Insights
Schnitzer launches net-zero long steel product line
The brand, called GRN Steel, will offer reinforcing bar, wire rod and merchant bar, Schnitzer announced on Monday March 7
March 8, 2022
·
By the Fastmarkets team
Insights
US steel import licenses up in Jan vs Dec
The United States’ steel import licenses in January increased modestly month on month and significantly year on year, according to government data
February 16, 2022
·
By Abby Verret
Insights
Fastmarkets seeks feedback on Manila steel billet price assessment for Iosco audit
Fastmarkets invites feedback on its Manila steel billet import price assessment as part of an annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies
February 14, 2022
·
By Lee Allen
Insights
Lack of industry standards for green steel won’t hinder adoption by construction sector: ArcelorMittal
Government purchasing pledges, new products and changing attitudes toward building design are bringing standards closer
December 20, 2021
·
By Carrie Bone
Insights
RUSSIA REBAR: Domestic price dropping due to oversupply and export duty
Domestic prices for steel rebar in Russia’s Central Federal District widened downward by 3,500 roubles ($47) per tonne in the week to Monday August 23.
August 24, 2021
·
By Elina Virchenko
Insights
FOCUS: What China’s possible new steel export taxes mean for global ferrous industry
Market chatter about China possibly imposing new export taxes for steel as part of commodity price cooling measures has been rampant in the past week, causing traders and market participants to re-think their trading strategies, and overseas buyers to consider a potential supply shortfall.
May 25, 2021
·
By Alex Theo
Insights
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