Brazil, a country that already emits less greenhouse gases (GHG) per tonne of crude steel produced than the global average, seeks in charcoal and natural gas a way to take short-term steps on its lengthy decarbonization road, but its legacy integrated steelmaking capacity could be a hurdle

The price of steel hollow sections in the European domestic market jumped sharply again this week amid soaring costs and limited availability of hot-rolled coil (HRC) feedstock, sources told Fastmarkets on Wednesday March 16

The European Commission announced its fourth package of restrictive measures against trade with Russia on Friday March 11, in response to that country’s invasion of Ukraine

Fastmarkets has corrected its weekly price assessment for steel slab export, fob Black Sea, CIS, which was published incorrectly earlier on Monday March 14 due to an error

There is an increasing likelihood that Russian hot-rolled coil might be sold through Chinese channels in the near term due to the mounting sanctions being imposed on Russian oligarchs and businesses, a trader in Asia told Fastmarkets on Friday March 11.

Export prices for Chinese heavy plate increased in the week to Tuesday March 8 amid active trading, which was partly fueled by fears over tightening supply amid the ongoing Russia-Ukraine war

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