A California federal jury has issued a $110 million anti-trust verdict against Commercial Metals Company on November 5, finding the Texas-based rebar producer liable for multiple anti-trust violations, while awarding Pacific Steel Group (PSG) millions of dollars due to lost profits and additional damages.

Fastmarkets is increasing the frequency of its Brazilian domestic steel price assessments to a biweekly basis to bring them into closer alignment with current trading patterns and market dynamics. Under the change, Fastmarkets would publish these prices twice a month, on the second and fourth Friday of the month, at 2-3 pm New York time. […]

The heightened importance for the steel reinforcing bar (rebar) industry was apparent to market participants immediately, and has expanded to include multiple arms of the wider construction sector, including merchant bar, beams and wire rod, according to multiple sources in the rebar and general construction markets contacted by Fastmarkets on Wednesday October 2. The Category 4 […]

Fastmarkets proposes to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China.

Explore the impact of green steel in Brazil as companies adapt to the EU's Carbon Border Adjustment Mechanism.

Fastmarkets has corrected its MB-STE-0037 steel reinforcing bar (Rebar) domestic, exw Italy price, which was published incorrectly on Wednesday September 4.

Understand the dynamics of Saudi Arabia steel scrap prices with insights on local market conditions and demand fluctuations.

The following prices were affected: MB-STE-0007 Steel hot-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0005 Steel cold-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0006 Steel hot-dipped galvanized coil domestic monthly, exw Brazil, reais/tonne MB-STE-0008 Steel reinforcing bar (rebar) domestic monthly, delivered Brazil, reais/tonne These prices are a part of the Fastmarkets steel package. For more information or to provide […]

The assessments are for MB-STE-0784 steel reinforcing bar (rebar) domestic, exw Turkey and MB-STE-0785 steel wire rod (mesh quality) domestic, exw Turkey. Previously, both assessments stated that an 18% value-added tax (VAT) was included in the assessed price. Fastmarkets wishes to clarify the specifications to show the correct figure, which is 20%, as dictated by […]

Once complete, the green rebar mill will be the first of its kind in North America.