Latest Steel news

Sun, 15 May 2022 23:05:00 GMT

Here are five Fastmarkets stories you might have missed on Friday May 13 that are worth another look.

Fri, 13 May 2022 18:12:00 GMT

Tosyali Holding ordered a second slab caster from Primetals Technologies for its hot-rolled coil mill in Bethioua, Algeria, Primetals said on Wednesday May 11.

Fri, 13 May 2022 17:15:00 GMT

Base metals price movements on the London Metal Exchange were mixed at the close of trading at the end of the week on Friday May 13.

Fri, 13 May 2022 12:15:00 GMT

The London Metal Exchange has opened a consultation on proposals that it believes would further enhance its visibility in over-the-counter (OTC) markets, it announced on Friday May 13.

Fri, 13 May 2022 11:55:00 GMT

Deliverable stocks of base metals in Shanghai Futures Exchange-registered warehouses diverged into two camps in the week ended Friday May 13, with nickel falling the most in percentage points, by 27.4%, and tin topping the increase at 44.1%.

Fri, 13 May 2022 11:48:00 GMT

Ukrainian steelmaker Metinvest will bring forward the planned maintenance work at its Italian assets during the current steel slab shortage, the company said earlier this week.

Fri, 13 May 2022 09:22:00 GMT

The three-month tin price continued to fall during morning trading on the London Metal Exchange on Friday May 13, following a steep decline a day earlier.

Fri, 13 May 2022 08:01:00 GMT

Chinese market participants expect domestic demand for steel and aluminium to increase if the United States removes some or all of its punitive tariffs on imports from China.

Thu, 12 May 2022 23:05:00 GMT

Here are five Fastmarkets stories you might have missed on Thursday May 12 that are worth another look.

Thu, 12 May 2022 17:01:00 GMT

Base metal futures on the London Metal Exchange mostly fell steeply at the 5pm close amid a broad base sell off across the complex, mirroring activity in equity markets due to persistent macro-economic headwinds.

Thu, 12 May 2022 15:55:00 GMT

A Brazilian government resolution to cut import duties on steel rebar until the end of 2022 will not be valid for wire rod, steelmakers’ association Instituto Aço Brasil told Fastmarkets on Thursday May 12.

Thu, 12 May 2022 15:15:00 GMT

China’s automotive output and sales figures both fell year on year for a second consecutive month in April, after controls on new Covid-19 outbreaks choked the supply chain, the China Association of Automobile Manufacturers (CAAM) said in its latest monthly report.

Thu, 12 May 2022 13:53:00 GMT

A summary of German steelmaker Salzgitter’s financial results for the quarter from January 1 to March 30, 2022, as published by the company on Thursday May 12.

Thu, 12 May 2022 13:09:00 GMT

A summary of operational figures and financial results from Argentinian aluminium producer Aluar for the third quarter of its fiscal year 2022 (January-March 2022), as stated in its earnings report published on Wednesday May 11.

Thu, 12 May 2022 12:27:00 GMT

A summary of the London Metal Exchange warrant premiums across the globe for the week ended Wednesday May 11.

Thu, 12 May 2022 09:45:00 GMT

All base metals contracts on the London Metal Exchange opened lower on Thursday May 12, with the copper price dipping below $9,000 per tonne.

Thu, 12 May 2022 07:56:00 GMT

ArcelorMittal is awaiting competition clearance before acquiring three German metals recycling companies from environmental services and recycling company Alba International Recycling, according to the German and Austrian competition regulators.

Thu, 12 May 2022 05:30:00 GMT

Brazil’s national steelmaker association Instituto Aço Brasil has described a government decision to slash import duties for steel rebar as having no justification and going against the flow of higher protectionism in global steel markets.

Wed, 11 May 2022 23:05:00 GMT

Here are five Fastmarkets stories you might have missed on Wednesday May 11 that are worth another look.

Wed, 11 May 2022 17:27:00 GMT

Tin and zinc prices rebounded by more than 2% in trading across the base-metals complex on the London Metal Exchange on Wednesday May 11, following sell-offs earlier in the week.

Wed, 11 May 2022 15:45:00 GMT

Rio Tinto has started producing tellurium at its Kennecott copper operation in the US state of Utah, becoming one of only two producers in the United States of the critical mineral, used in advanced thin film photovoltaic solar panels.

Wed, 11 May 2022 14:13:00 GMT

Private metal enterprises in China have become more vulnerable in 2022, with many finding themselves blocked from traditional routes to finance since commodities prices reached historic highs earlier this year.

Wed, 11 May 2022 13:40:00 GMT

The Brazilian aluminium association, Abal, has increased its outlook for consumption of the metal in 2022 to 1.66 million tonnes, from 1.65 million tonnes previously, after hitting an all-time high last year, it said on Tuesday May 10.

Wed, 11 May 2022 13:18:00 GMT

The European Commission has announced its planned definitive anti-dumping duty rates for imports of hot-dipped galvanized coil from Russia and Turkey, according to a document seen by Fastmarkets and dated Tuesday May 10.

Wed, 11 May 2022 12:52:00 GMT

A quicker-than-expected resumption of Xiangguang’s copper smelting operations was likely, with the state-owned asset preparing concentrates feed close to the site, Fastmarkets learnt on Wednesday May 11.

Wed, 11 May 2022 10:09:00 GMT

Fastmarkets today, Wednesday May 11, launches weekly price assessments for the Italian and Spanish domestic rebar markets, to replace its previous Southern European domestic rebar assessment.

Wed, 11 May 2022 09:50:00 GMT

At least three reasons have been identified by market participants as the key factors constraining demand for high-grade iron ore concentrate and pellet in China - in turn, prompting premium levels to narrow.

Wed, 11 May 2022 09:35:00 GMT

Base metals prices on the London Metal Exchange were largely up during morning trading on Wednesday May 11, recouping some of the losses made in recent days, but nickel and lead were down.

Wed, 11 May 2022 07:47:00 GMT

Iron ore shipments from Port Hedland in Western Australia totaled 45.8 million tonnes in April 2022 - a 1.5% increase on the same month in 2021, according to the latest data from the Pilbara Ports Authority.

Wed, 11 May 2022 03:58:00 GMT

China’s Baoshan Iron & Steel (Baosteel) is lowering the domestic base prices for some of its carbon flat steel products - including hot-rolled coil and sheet - by 100 yuan ($15) per tonne for June bookings.