The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree.

The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree.

Fastmarkets has corrected its germanium dioxide, in-whs China, $/kg, which was published incorrectly on Friday June 25 due to a reporting error.

Turkish steel mills ended the working week with a single deep-sea cargo amid limited rebar demand, especially in the export markets, sources told Fastmarkets on Friday June 25.

Customer requirements and financing will shape the decarbonization of the steel industry, panelists said at Fastmarkets’ 2021 Steel Success Strategies Industry Briefing earlier this week.

China’s Baowu Steel Group has signed an agreement to jointly invest in a nickel pig iron (NPI) project in Indonesia with Brazilian miner Vale and China’s Xinhai Technology, the company announced on Thursday June 24.

Seaborne coking coal prices were largely stable on Friday June 25 in both the cfr and fob market following the previous record-high transaction prices over the week, market sources said.

Robust demand for steel scrap in the Japanese domestic market is supporting Japanese export prices, creating a wide bid-offer gap and making it very tough for Chinese buyers to clinch any deals, sources told Fastmarkets.

Steel scrap buyers in Vietnam sought out deep-sea bulk cargoes from the United States and Australia in the week to Friday June 25 amid high offers for Japanese material, sources told Fastmarkets.

Fastmarkets is proposing to launch a new weekly China hot-briquetted iron (HBI) import price assessment to enhance its growing editorial coverage of the Asian market for the steelmaking raw material.