According to industry consultant SteelMint India, domestic steel consumption is projected to suffer in the next quarters due to "extremely high steel costs" and steadily rising fuel prices. Steel pric...

Only those with steel and stainless steel in their inventories may celebrate, according to Italian market sources. Demand is strong, order books are full, availability is low, and stockpiles must be s...

**Germany steel industry in good shape ** .The inventory perception index was 18.75, indicating that market participants predicted much lower stored steel volumes in April. This matched market members...

** China's finished steel exports dropped sharply, daily average of exports down 13.9% from December. ** The General Administration of Customs data revealed that China's finished steel imports fell 7....

* Nickel (+3%) and aluminium (+1.5%) started strong in LME trading on Monday morning. Positive labour market data was reported from the United States and Germany. And what happens to dumped aluminium ...

Buyers and sellers were attempting to determine the impact of Russia's invasion of Ukraine on the stainless steel market. This industry is already being impacted by growing raw material costs, rising ...

United States Steel Corp. (US Steel) reported a jump in profit and revenue for the quarter ended March 31, driven by steady demand and rising steel prices. The steelmaker posted net income of USD 882...

Asian rebar prices increased as some buyers held bullish outlooks on the prices and tried to follow the trends in the market. The 16-20 mm diameter BS500 rebar grade was assessed up $1/mt at $836/mt ...

**Baowu Group acquires Xinyu Steel** China's largest steelmaker Baowu Group is taking majority control of a steel company in the Jiangxi province, fast-tracking the company's consolidation plan and bo...

Italian steel trade association Assofermet says there is no scrap shortage caused by exports that may impact Italian steelmaking. Italian scrap exports to countries outside Europe decreased by 12.6% ...

Brazil export-oriented slab prices increased $50 on the week ended March 25, as the US customers resumed purchases for June shipments, said sources. The Platts weekly Brazilian steel slab price was a...

Prior to Russia’s invasion, EU steel producers were attempting to lift prices due to high costs, particularly for energy, but the success of the initiative was mixed. Coil stocks were high, and gaps w...