Following consultations between Mexico and the United States, the southern country will establish an export monitoring program for shipments of standard pipe, mechanical tubing and semi-finished products to the US.
31 August 2020
Elizabeth Ramanand
Prices for carbon steel plate in the United States strengthened for the first time this year after mills announced that they would seek price increases.
31 August 2020
Dom Yanchunas
Hot-rolled coil prices in the United States surged past $25.50 per hundredweight ($510 per short ton) only one trading day after rising above $25 per cwt for the first time since mid-June, propelled by a round of domestic mill price increases and slowly rising demand.
31 August 2020
Robert England
Fastmarkets examines the factors affecting the price spread between domestic steel reinforcing bar and shredded scrap over the past two years.
31 August 2020
Patrick Fitzgerald
Members of the World Trade Organization have agreed to the establishment of a dispute panel to review a complaint filed by Turkey regarding the European Union’s safeguard measures on imports of certain steel products.
31 August 2020
Serife Durmus
The United Arab Emirates’ Conares Steel will build a tube and pipe mill in Dubai, chief executive officer Bharat Bhatia announced on Monday, August 31.
31 August 2020
Serife Durmus
Indian mills have increased export prices for hot-rolled coil by $15 per tonne this week, with material being offered at $515-520 per tonne, mainly to Southeast Asian destinations.
31 August 2020
Suresh Nair
The Brazilian steel industry is operating around 60% production capacity, up from 42% in April when demand was hit the hardest by the Covid-19 pandemic, but still far from the ideal level of 80%, Instituto Aço Brasil said on Friday August 28.
31 August 2020
Felipe Peroni, Renato Rostás
The United States’ government has reduced the Section 232 quota for imports of semi-finished steel products from Brazil in the fourth quarter, according to a proclamation from president Donald Trump published late on Friday August 28.
31 August 2020
Felipe Peroni, Renato Rostás
Supply of steel scrap in Australia is being squeezed by regional Covid-19 lockdowns and a general decline in economic output, scrap market participants have told Fastmarkets.
31 August 2020
Lee Allen
