Turkish deep-sea scrap import prices edged up on Tuesday after firm offers from the Baltic Sea region, although many mills were looking to achieve further rebar sales in the export and domestic markets before purchasing more scrap, sources said on March 30.

Commercial Metals Co (CMC) is launching RebarZero, a line of net-zero greenhouse gas emissions rebar products, the company announced on Tuesday August 30

Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4

Egypt's use of rebar was almost halved in January 2021, with the country consuming just 308,000 tonnes of the construction material - a 46.53% year on year drop from January 2019's 576,000 tonnes.

Fewer Chinese steel mills are planning to stock up on steel scrap before Chinese New Year, and those that do will be doing so at lower volumes than in previous years, market sources told Fastmarkets this week

Turkish steel mills continued to book deep-sea scrap for June shipment, supported by strong export demand for rebar, market participants told Fastmarkets on Thursday April 22.

Turkish steel producers started to look for scrap cargoes at the end of this week after the latest downturn in prices and a revival of demand for long steel products in Southeast Asia, market sources said on Friday March 26.

The Brazilian construction industry chamber, CBIC, has raised its forecast for the sector’s gross domestic product (GDP) in 2022 to a 3.5% increase, from the previous 2.5% guidance, due to federal programs and renovations expected for the second half of the year, it said on Monday July 25

Fastmarkets proposes to reduce the frequency of the publication of its fob China rebar index due to low spot market liquidity in the past year.

After six years of prosperity, China’s steel industry has entered a new era with excessive supply and declining demand, and where it is overly financialized, according to Han Weidong, vice president of leading Chinese steel pipe maker Youfa Group