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

Key Asian markets Taiwan and the Philippines will have to rely more on higher-priced steel billet from Southeast Asia if they can no longer procure Russian material amid the ongoing Russia-Ukraine conflict, according to sources

US President Joe Biden highlighted recent new capital investments in manufacturing during a White House event on Thursday March 4, at which Siemens USA president and chief executive officer Barbara Humpton announced a $54-million investment in producing equipment for electrical infrastructure

The brand, called GRN Steel, will offer reinforcing bar, wire rod and merchant bar, Schnitzer announced on Monday March 7

After a consultation period, Fastmarkets has amended the thickness specifications for the weekly price assessment for steel hot-rolled coil import, cfr Saudi Arabia, $/tonne

The United States’ steel import licenses in January increased modestly month on month and significantly year on year, according to government data

Negotiations of yearly zinc concentrate treatment charges (TC) contracts for 2022 high on agenda of annual conference in La Quinta, California

Fastmarkets invites feedback on its Manila steel billet import price assessment as part of an annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies

Despite an ongoing price correction in the larger steel hot-rolled coil market in the United States, optimism is building in the oil country tubular goods (OCTG) and line pipe sectors, sources told Fastmarkets

Fastmarkets has corrected its consumer buying prices for steel scrap No1 bundles, delivered mill Philadelphia and steel scrap No1 busheling, delivered mill Philadelphia based on further pricing data submitted for the domestic ferrous scrap monthly trade in February