Mexican steel scrap prices have increased again for almost every grade in the steelmaking regions of Monterrey and Bajio, with buyers continuing to try to secure supply

Another rally in hot band prices is under way in the United States, not long after the coronavirus pandemic and Section 232 tariffs pushed the hot-rolled coil index to break new records in 2020 and 2021

The proposed Nimba Iron Ore Project, owned and managed by High Power Exploration (HPX), may well emerge as the jewel of African high-grade iron ore supply, especially as development of new deposits continues in Liberia and Guinea, which could disrupt the iron ore supply landscape in the future

Brazil, a country that already emits less greenhouse gases (GHG) per tonne of crude steel produced than the global average, seeks in charcoal and natural gas a way to take short-term steps on its lengthy decarbonization road, but its legacy integrated steelmaking capacity could be a hurdle

Fastmarkets has temporarily suspended pricing US pig iron basic grade, Ukraine/Russia, fob New Orleans effective Monday March 14 due to a complete halt in sales following the Russia-Ukraine conflict.

The European Commission announced its fourth package of restrictive measures against trade with Russia on Friday March 11, in response to that country’s invasion of Ukraine

Seaborne iron ore prices fell sharply on Monday March 14, amid rising concerns over the increase in new Covid-19 cases in several areas in China and the weakening of demand for steel, sources told Fastmarkets

Steelmakers in Russia have been searching for export opportunities with countries that do not support Western sanctions, sources told Fastmarkets on Wednesday March 9

Turkish mills have been forced to pay $6 per tonne more for United States-origin ferrous scrap with the extreme curtailment of Black Sea billet shipments into global markets acutely intensifying demand for Turkish material, and there are more hefty increases for US ferrous scrap export prices on the horizon, sources told Fastmarkets

Rail services for Vale’s Carajás operations are suspended after heavy rain caused a landslide at the Estrada de Ferro de Carajás (EFC) railway at the KM378+200 stretch, in the municipality of Bom Jesus das Selvas, in the Brazilian state of Maranhão