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 will publish its Poland rebar price assessment a day early this week, on Thursday April 30, because of the Labor Day holiday on Friday May 1.

The recovery in Chinese steel consumption, especially that for rebar, has been “extraordinary”, while the downturn in the automotive sector may not necessarily mean stainless steel demand will decline this year, delegates heard at Fastmarkets’ Covid-19 and Asian ferro-alloys markets webinar on Tuesday June 30.

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

Demand for rebar is set to recover in Brazil this year, market participants say - and mills have already announced a first round of price increases.

Market sentiment in the Chinese domestic rebar market was optimistic on Thursday March 12 after the National Health Commission (NHC) announced the peak of the novel coronavirus (2019-nCoV) in China has passed.

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

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

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