Fastmarkets proposes to discontinue its price assessment for hot-briquetted iron (HBI) exports from Venezuela, due to the sharp decline in shipments caused by the longstanding crisis in the country’s ironmaking industry and the unlikely prospect of any improvement in the near future.

Steel producers Tata Steel Netherlands, Salzgitter Flachstahl and Thyssenkrupp Steel Europe will supply carmaker Ford’s Europe division with low-carbon steel for its future vehicles, the car company said on Tuesday October 25

The top executive at Steel Dynamics Inc (SDI) said that a slowdown in inbound ferrous scrap may put the brakes on further big drops in prices

Low-priced offers of steel billet from China have significantly depressed sentiment in the key Southeast Asian steel market, sources told Fastmarkets on Tuesday October 25

The United States ferrous scrap market remains firmly in the doldrums ahead of November’s domestic ferrous trade with supply-side disruptions unlikely to change prevailingly poor demand, according to market participants

The London Metal Exchange has announced new additions to the LMEpassport which will provide increased transparency on brands using scrap material and broaden disclosure to non-LME brands

The London Metal Exchange’s relevance has “arguably never been stronger” despite a challenging year, according to Nicolas Aguzin, chief executive officer of LME's owner Hong Kong Exchanges and Clearing (HKEX)

Looming changes in the regulatory environment could have a significant effect on EU metal scrap exporters, panelists said at last week’s Bureau of International Recycling (BIR) conference in Dubai

Fastmarkets has corrected the calculation of its MB-IRO-0144 Iron ore 62% Fe low-alumina fines, cfr Qingdao, which was published incorrectly on Thursday October 20 due to an error.

United States President Joe Biden announced on Wednesday, October 19 that the Department of Energy (DoE) will be awarding $2.8 billion in grants from the Bipartisan Infrastructure Law