• The publication of Fastmarkets’ flat steel reduced carbon emissions, daily inferred, exw China, yuan/tonne assessment for Friday October 10 was delayed because of a procedural lapse. Fastmarkets’ pricing database has been updated.
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    • Charter Steel is strengthening its partnerships with automotive manufacturers and fastener companies through advanced CHQ steel production and domestic sourcing.
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    • The following prices will be published on Wednesday October 8 instead of their scheduled pricing day of October 9. This accommodates the change of Egypt’s Armed Forces Day public holiday from October 6 to October 9. These prices would normally be priced the next working day, but will instead be priced on the preceding day […]
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    • The publication of Fastmarkets’ steel slab import, cfr Southeast Asia/East Asia, assessment for Monday October 6 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following assessment was published late: MB-STE-0140, steel slab import, cfr Southeast Asia/East Asia, $/tonne [LINK] This price are a part of the Fastmarkets steel package. […]
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    • China has unveiled a two-year work plan to stabilize its giant steel sector, setting out measures to curb overcapacity, shore up profitability and accelerate a long-term transition toward greener and more technologically advanced production.
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    • The central Mexican market, or the Bajío region, is a main hub for steel market activity in Mexico because of its proximity to ports on the Atlantic and Pacific coasts and because of the many participants in the region (one blast furnace, 12 electric-arc furnaces, four rolling mills and over 10 big traders). This market […]
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    • Fastmarkets has launched the monthly price assessment for steel billet, import, cfr Saudi Arabia, to reflect the increasing volume of billet imports into Saudi Arabia, where steel demand was expected to improve due to large infrastructure projects such as the football World Cup 2034 and Saudi Expo 2030. Currently, Saudi Arabia has capacity for about 14.5 […]
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    • Steel imports into Brazil are expected to decline further as Chinese tax changes and weak domestic demand weigh on the market. With interest rates at two-decade highs, both imports and local production are under pressure, though 2026 could bring short-term recovery tied to election-year stimulus.
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    • Mexico will impose tariffs on around 1,400 imported products from countries with which it does not have a trade agreement, according to Mexican government officials, in a move that industry sources say signals alignment with the US but could have “mixed effects” for the steel industry.
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    • China set a higher target for automobile sales in 2025 compared with a year earlier, with the country aiming to keep the upward momentum in 2026, according to a notice published by the Ministry of Industry and Information Technology (MIIT) on Friday September 12.
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