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

Prices for steel hollow sections in Northern and Southern Europe were flat in the week ended Wednesday July 27 amid minimal market activity

The Brazilian construction industry chamber, CBIC, has raised its forecast for the sector’s gross domestic product (GDP) in 2022 to a 3.5% increase, from the previous 2.5% guidance, due to federal programs and renovations expected for the second half of the year, it said on Monday July 25

A common theme emerged in July during the second-quarter earnings calls of major steel producers — many are highlighting their hedging strategies against deteriorating spot prices for hot-rolled coil

Increasing urbanization around the world is one of the main factors driving appetite for green and sustainable steel, Abednedju Giovano Warani Sangkaeng, president director of Indonesian steelmaker Gunung Raja Paksi (GRP), told Fastmarkets in an interview

Steel Dynamics Inc (SDI) has become the first major American steel producer to enter the aluminium business, announcing on Tuesday July 19 that it will build North America’s first aluminium rolling mill in 40 years

At this year’s Steel Success Strategies conference in Miami, the expert steel automotive panel delved into the risks and opportunities facing steel in automotive production

US steelmakers continue to fine tune or ramp up their raw materials strategies in a race to cover the prime scrap shortfall as the pendulum swings further away from blast furnaces toward electric arc furnace (EAF) production

The prospects for large volume trades in China’s import steel scrap market could hinge on whether a large United Kingdom-origin bulk cargo successfully passes Chinese customs checks later this year, sources told Fastmarkets

Fastmarkets published its Commonwealth of Independent States export billet index later than scheduled on Friday July 8, due to a reporter error.