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

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.

Some rebar producers in Egypt believe that the country should apply duty at 6-8% on imports of steel billet, while others argue that billet imports are essential if enough rebar is to be produced domestically, Fastmarkets heard on Friday November 23.

Rebar shipments to the Chilean construction sector increased by 24.6% in July compared with the corresponding month last year.

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.

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

South Korea’s Fair Trade Commission has fined six rebar producers 119.4 billion won ($105.7 million) for price rigging.

Fastmarkets’ price book entry for CIS export rebar price showed an incorrect value on Monday March 4, which has now been amended, due to a reporter error.

The US Commerce Department's preliminary ruling in the rebar imports trade case appeared to be good news for Turkish and Mexican rebar exporters.