Apparent steel consumption in the European Union continued to grow in the first half of 2021, but demand has probably reached its peak and the recovery is now slowing, the European steel association Eurofer said this week.

Turkish steel producers continued to book deep-sea scrap cargoes for September shipments at stable prices on Wednesday August 4, market participants told Fastmarkets.

China’s steel market participants have mixed expectations about supply and demand in the next three months ahead of and during the 2022 Winter Olympics after hearing that some steel mills near the host cities will be required to suspend production.

The latest news and price moves to start the Asian day on Thursday December 20.

Is the switching to scrap-based electric-arc furnace (EAF) steel production enough to get the industry to net-zero carbon dioxide emissions? The answer is probably not.

August 24 marked six months since the beginning of Russia’s unprovoked invasion of Ukraine on February 24

Turkish steel mills ended the working week with a single deep-sea cargo amid limited rebar demand, especially in the export markets, sources told Fastmarkets on Friday June 25.

The collapse of the iron ore market and market turbulence over Chinese property developer Evergrande Group are adding to the economic woes caused by the Delta variant of Covid-19 for much of this year.

Government purchasing pledges, new products and changing attitudes toward building design are bringing standards closer

Metal Bulletin reviews the major stories that have affected the steel market over the past week.