Despite the push to lower steelmaking emissions, there is limited demand for high-quality scrap in Europe, while EU mills could follow their US counterparts and acquire scrap processors to have first…
Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the…
China steel production this year will drop below 1 billion metric tons for the first time since 2019, but iron ore imports may rise to a record high. While there are some fundamental factors that help…
American steel company Nucor continues its cycle of hot-rolled coil (HRC) price increases, gradually raising weekly spot prices for consumers (CSP) for the fourth week in a row. For the week of November…
The global scrap market showed mixed trends in October-November. Some regions faced declining demand and oversupplied inventories, while others were supported by exports and seasonal supply reductions.…
India's Tata Steel (TISC.NS) hopes the government will extend import tariffs on some steel products to guard against the threat of imports, particularly from China, chief executive T.V. Narendran told…
The American division of global steel producer JSW Steel has announced a price increase of at least $40 per short ton for thick-gauge rolled steel. According to a letter to customers, the new prices took…
The European steel market is expressing disappointment at the late determination of CBAM benchmarks, which are key to calculating the specific costs of embedded emissions for steel imports in 2026. This…
ArcelorMittal will be able to capture part of the market vacuum resulting from lower imports once the EU's proposed steel quotas kick in, Chief Financial Officer Genuino Christino said on Thursday.
Nippon Steel , Japan's biggest steelmaker, said it expects to report a 14% fall in annual profit before one-offs for the current fiscal year, but that excluded its outlook for U.S. Steel, due to significant…
Chile's Codelco (COBRE.UL), the world's largest copper producer, cut on Tuesday its forecast for 2025 output, despite higher production in the year's first nine months through September.
