HomeSteelIndustryProjects Steel world sees new pricing mechanisms spring up amid Ukraine-Russia war New trade settlement methods that are emerging in spot steel transactions against the backdrop of the worsening Ukraine-Russia war may indicate a lasting shift in the global steel marketplace, market sources told Fastmarkets recently. Ultimately, this could lead to the creation of parallel economies with their own pricing and trade practices, much like their geopolitical counterparts during the Cold War, when the Warsaw Pact... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Paul Lim March 24, 2022 13:05 GMT Singapore Keywords steel trade Russia Ukraine China Asia sanctions Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}