September 2020

US steel exports up but below pre-pandemic level in July

US steel exports have rebounded from the lows seen in the months following the Covid-19 outbreak.

UAE extends scrap export ban

The United Arab Emirates Ministry of Economy has extended the ban on exports of steel and paper scrap from the country for a period of four months, the ministry said on September 13.

Latest China ferrous scrap import quota brings total to 23,000 tonnes so far in 2020

China has released the 12th batch of solid import licenses approving an additional 2,610 tonnes of ferrous scrap, according to a notice reported by China Solid Waste & Chemical Management (CSWCM) on Thursday September 17.

IN CASE YOU MISSED IT: 5 key stories from September 17

Here are five Fastmarkets stories you might have missed on Thursday September 17 that are worth another look.

EU new car sales stall in August after promising signs of recovery in July

Sales of passenger cars in Europe slumped again in August after brief signs of a revival in July, according to the latest data from the European Automotive Manufacturers Association (ACEA).

Argentinian crude steel output down 23% in August

Argentinian crude steel production decreased by 22.80% year-on-year in August, according to figures from national steel association Acero Argentino.

IN CASE YOU MISSED IT: 5 key stories from September 16

Here are five Fastmarkets that you might have missed on Wednesday September 16 that are worth another look.

JSW commits to plan to resume steelmaking at ex-Aferpi by 2025

JSW Steel Italia, part of Indian steelmaker JSW Steel, plans to resume liquid steel production at the former Aferpi mill in Italy by 2025 via construction an electric-arc furnace (EAF) with financial support from the Italian government, Fastmarkets has learned.

Italy’s re-roller Marcegaglia to revamp galvanizing line

Italian steel re-roller Marcegaglia plans to revamp the furnace for one of the four galvanizing lines at its Ravenna plant in Italy, the steelmaker said on Tuesday September 15.

Brazil's steel use recovery slows, down by 1.7% in August

Apparent steel consumption fell by 1.7% year-on-year in Brazil during August 2020, with the recovery in long steel demand slowing down from July, national steel association Instituto Aço Brasil said on Tuesday September 15.