Prices for steel reinforcing bar in the United States ticked up following increase announcements from several domestic mills, and sources expect that uptrend will continue next year if ferrous scrap values move up as anticipated in the January 2020 trade.

Commercial Metals Co (CMC) is focusing on sustainability and growth after kicking off 2022 with a record quarter and a confident fiscal outlook, the company’s top executive said on Monday January 10. “Before we can responsibly talk about growth, we need to be certain that what we are growing is sustainable,” chairperson, president and chief […]

The fall in import prices for finished steel products in the United States was not enough to attract many buyers due to logjams at domestic ports that have made it costly, time-consuming and risky to buy foreign steel, Fastmarkets has learned

Fastmarkets MB has corrected its weekly price assessment for steel rebar bought and sold in the United Arab Emirates (UAE), which was published incorrectly on Tuesday May 28.

Fastmarkets MB has corrected its weekly price assessment for steel rebar exported from the Commonwealth of Independent States (CIS) via the Black Sea, which was published incorrectly on Tuesday May 28 due to a reporter 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.

Prices for rebar in the United Arab Emirates and Saudi Arabia were stable this week while billet import prices in the UAE narrowed with a new deal, sources told Metal Bulletin on Tuesday January 23.

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

Chilean sales volumes of rebar to the domestic market were unchanged in November compared with the corresponding month in 2011.

The spread between domestic and imported rebar is at its narrowest point since 2012 due to the Section 232 tariffs on steel imports into the United States, which have made imports less attractive to US market participants and ignited demand for domestic material.