Global crude steel output fell by 5.1% year on year to 162.7 million tonnes in April, the World Steel Association (Worldsteel) said on Tuesday May 24

Some Chinese trading firms have been quick to react and to find opportunities in this year’s increasingly volatile markets for semi-finished steel products, sources said during last week’s Fastmarkets Singapore Steel Forum

Brazilian foreign trade chamber Camex has decided to cut import duties by an additional 10% until the end of 2023 after having already reduced tariffs by 10% in November 2021, according to a document published in the country’s official gazette on Tuesday May 24

Europe has imposed provisional anti-dumping duties on imports of electrolytic chromium coated steel (ECCS) products from China and Brazil

India may become increasingly absent from the global seaborne steel markets following the introduction of an export duty at a rate of 15% on a raft of steel products, sources told Fastmarkets

China’s hot-rolled coil prices dipped on Monday May 23, with market sentiment subdued by persistent concerns over demand

Ukraine will likely turn into a net importer of steel once the war situation eases and reconstruction efforts start, Stanislav Zinchenko, chief executive of Ukraine-based think tank GMK Center, said at the Singapore Steel Forum on Thursday May 19

Ukrainian steelmakers, particularly Metinvest and Interpipe, have welcomed the decision by the United States to suspend Section 232 tariffs of 25% against imports of steel from the country for one year

Flat-rolled steelmakers have more than 13 million short tons of new production capacity planned or under construction in the United States, but analysts do not foresee a glut depressing the market significantly in 2022

The first sale of 130mm blast furnace (BF)-based steel billet by a large Indonesian steelmaker was a significant moment for the Philippines import market because it will create more purchasing choice for buyers, sources said on the sidelines of Fastmarkets’ Singapore Steel Forum