Increased construction spending could be unlocked early next year once the fraught US presidential election is settled, and steel participants are gearing up for a busy 2025

Rebar prices have maintained historically high spreads over those of shredded scrap — the steel product’s key feedstock — in 2022 due largely to robust end-use demand, but that gap is expected to narrow in 2023, according to Fastmarkets analysts

Main Brazilian steel producers halted production and operations in distribution centers in the country's Rio Grande do Sul state due to local floods, but potential losses remain uncertain since the situation has not yet been resolved, the companies told Fastmarkets in written statements this week

Tata Steel intends to continue with plans to close its blast furnaces at the Port Talbot Steelworks in Wales, and called for both of the UK’s major political parties to adhere to the terms of its plan to develop a lower-emissions electric-arc furnace-based steelmaking plant on the site, the firm said on Tuesday June 11

Steel producers in the United States remain optimistic about construction demand despite its lackluster short-term outlook, according to market participants

Market participants seem to have abandoned expectations of a “Golden March and Silver April” in China’s ferrous market due to a slow restart of construction, as well as maintenance of steelmaking facilities planned for March, sources told Fastmarkets

Mexico's recent increase in steel import tariffs to 25-35% won't cause shortages in the supply chain, with the market expected to be fed by imports from partner countries and growing local capacity, Mexican steel association Canacero told Fastmarkets on Wednesday May 15

China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at a recent industry conference.

Middle Eastern steelmakers are ramping-up their efforts to reduce carbon emissions, taking several bold steps toward this goal

China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at an industry conference on Friday March 22