The global push toward using more direct-reduced iron (DRI) and hot-briquetted iron (HBI) could be derailed by the lack of iron ore concentrates used in the pelletizing process, sources told Fastmarkets

Premiums for high-grade iron ore continued to slide on Friday August 26 in line with poor import demand from the Chinese market amid an increase in average forward-month prices over the trading week, sources told Fastmarkets

In a fresh cargo sale to Turkey, US deep-sea ferrous scrap export prices ticked up by $2-11 per tonne compared with the last such US deals

Turkish steel producers continued to face weak demand for finished steel products in the export markets and locally

Blast furnace (BF)-based steelmaking capacity in Southeast Asia could balloon by 25% over the next few years with the emergence of new projects, the South East Asia Iron & Steel Institute (Seaisi) said recently

German carmaker BMW Group signed an agreement with Swedish green steel maker H2 Green Steel to supply low-CO2 steel for vehicle production at its European plants, Fastmarkets has learned

Participants in the US steel market were divided on the impact of a price increase from Nucor’s sheet mill group this week, with some suggesting hot-rolled coil prices could fall further while others were optimistic that announcement could halt - or even reverse — the recent downtrend

Executives at major flat-rolled steel producers in the United States discussed three common themes during their companies’ earnings calls for the second quarter of 2022, sharing views on a potential recession, affects from recent government policy changes and trends in steel raw materials

Steel scrap prices in both Turkey and the major Asian markets were under pressure in the week to Friday July 29. Most participants in these markets were expecting more of a downtrend to come in scrap prices amid weak sales of steel products

Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets