Egyptian steel producer El-Marakby Steel has received approval to export rebar to Germany, the company announced on Wednesday December 27.
28 December 2023
Darina Kahramanova
Escalating tensions in the Red Sea are increasing the costs for steel exports from Mainland China, the leading exporting country, and deterring exporters from taking orders from affected destinations, market participants told Fastmarkets in the week to Friday December 22.
26 December 2023
Zihuan Pan
Despite a lack of change in crude steel output, finished steel inventories at Chinese mills continued to rise in mid-December amid seasonally slowing demand, market participants told Fastmarkets on Monday December 25.
25 December 2023
Zihuan Pan
China's reinstatement of a 3% import tariff on metallurgical coal will affect US-origin coal imports negatively while benefiting the Australian and Chinese coking coal markets, Fastmarkets understands.
22 December 2023
Bella Cheng
China’s State Council has set a two-year action plan for cleaner air, and the comprehensive strategy to improve air quality will affect all key economic sectors, market sources told Fastmarkets.
21 December 2023
Jessica Zong, Alice Li
Turkish flat and long steel producer Habas ordered a tinplate and cold-rolled coil production mill, equipment supplier Danieli announced on Wednesday December 20.
21 December 2023
Serife Durmus
China imported less steel billet and slab in November compared with October, according to data released by China’s General Administration of Customs on Wednesday December 20.
21 December 2023
Jessica Zong
Turkish steel exports fell by around one-third in the first 11 months of 2023, while the country’s imports of steel products grew in the same period, Turkish Steel Exporters Association (ÇIB) said on Wednesday December 20.
20 December 2023
Cem Turken
Turkish pipemaker Borusan will partially or completely move its large diameter pipe production facility located in Gemlik, Bursa, to its Berg Pipe facility in the US state of Florida due to weak demand in Turkey, Europe and the Middle East, as well as the EU's carbon border adjustment mechanism (CBAM) regulations, Borusan said in a release to Istanbul Stock Exchange on Monday December 18.
19 December 2023
Serife Durmus
Data recently cited by US lawmakers to ask for measures against rising steel imports from Mexico was outdated, and the partnership between both countries will be key to establishing a regional trade defense mechanism, Mexican steel association Canacero said in a press release on Sunday December 17.
19 December 2023
Ana Enis