Main Brazilian steel producers halted production and operations in distribution centers in the country's Rio Grande do Sul state due to local floods, but potential losses remain uncertain since the situation has not yet been resolved, the companies told Fastmarkets in written statements this week

Here are the four key takeaways from the US scrap market participants in our May survey

Steel producers in the United States remain optimistic about construction demand despite its lackluster short-term outlook, according to market participants

Liberty Steel will "temporarily pause" production at its wire rod mill in Georgetown, South Carolina, and shift the plant's production to making steel wire mesh and welded steel products, the company announced on Friday April 19

Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.

Fastmarkets proposes to amend its MB-STE-0896 steel slab import, cif Italy, $/tonne price assessment.

Ferrous scrap could serve as a linchpin in decarbonizing both the steel and shipping sectors in South Korea, particularly in the short term, while waiting for emerging technologies such as hydrogen-based direct-reduced iron to be commercialized, Fastmarkets heard at a seminar on green steel and circularity

China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity

China's stainless steel prices saw a notable increase last week, driven by global sanctions affecting nickel, which is a key component

Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.