Fastmarkets is proposing to launch a steel slab import, cif Italy price assessment to reflect the change in trade flows that have followed the disruption in traditional supply from the Black Sea.

China is shaping up to be a major steel slab supplier to the rest of the world amid shortages resulting from Russia's invasion of Ukraine

A new trade agreement between the United States and the United Kingdom announced on Tuesday March 22 is more likely to enhance political ties than actually move significant tons of steel and aluminium across the Atlantic, sources said

The United States' ferrous scrap export market has quieted, with no deals reported since Monday March 14

A shortage in the global pig iron market caused by the absence of Ukraine, as well as Russia’s limited ability to sell, can only partially be covered by suppliers from other regions, sources told Fastmarkets on Tuesday March 22

Austrian steelmaking group Voestalpine intends to replace coal-fuelled blast furnaces with climate-friendly electric-arc furnaces (EAFs) powered by green electricity at its sites in Linz and Donawitz by 2027, the company said in a press release on Wednesday March 23

Mexican steel scrap prices have increased again for almost every grade in the steelmaking regions of Monterrey and Bajio, with buyers continuing to try to secure supply

The United States and United Kingdom have reached a deal that will replace the Section 232 tariffs applied to US imports of steel and aluminium products from that country with a quota system, the US Department of Commerce announced on Tuesday March 22

Another rally in hot band prices is under way in the United States, not long after the coronavirus pandemic and Section 232 tariffs pushed the hot-rolled coil index to break new records in 2020 and 2021

The number of drill rigs operating in the United States stayed steady for the second time in the past three weeks despite the recent climb in gas prices