Low-priced offers of steel billet from China have significantly depressed sentiment in the key Southeast Asian steel market, sources told Fastmarkets on Tuesday October 25

Ukrainian steelmakers, particularly Metinvest and Interpipe, have welcomed the decision by the United States to suspend Section 232 tariffs of 25% against imports of steel from the country for one year

Fastmarkets is proposing an amendment to the location of its steel reinforcing bar (rebar) index export, fob China main port.

Fastmarkets has changed the frequency of its domestic and imported reinforcing bar assessments to weekly, and changed its domestic rebar assessment to a single price point rather than a range.

A raft of bookings for steel scrap in both Turkey and Pakistan this week ahead of the Islamic holy festival of Eid al-Adha has led to an acute rise in offer prices to key Asia bulk markets, sources told Fastmarkets

Fresh infrastructure projects in Bangladesh will drive significant steel demand and make doing business in the country easier in the coming years, Tapan Sengupta, the deputy managing director of steelmaker Bangladesh Steel Re-Rolling Mills (BSRM) told Fastmarkets in an exclusive interview

Brazilian foreign trade chamber Camex has decided to cut import duties by an additional 10% until the end of 2023 after having already reduced tariffs by 10% in November 2021, according to a document published in the country’s official gazette on Tuesday May 24

Section 232 duties on steel products from Ukraine will be suspended for one year, the Biden administration announced on Friday, May 27

India has started to impose a 15% export duty on iron and steel products and raised the export duty on steelmaking raw materials such as iron ore to 50%

A wide variety of factors have contributed to “a really shaky period” in international trade, delegates heard at the 86th meeting of Irepas, the International Rebar Producers & Exporters Association, held in Istanbul, Turkey, on May 29-31, 2022