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

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.

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

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.

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

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

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.

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%