Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

India remained a net importer of steel for the fourth consecutive month in January, with exports climbing to a seven-month high on increasing international demand.

Shipments from the four largest iron ore producers in Western Australia's (WA) Pilbara rebounded in the week to 18 February from a two-year low the previous week.

Traders associations, regulators and other market representatives have responded to the European Commission's consultation proposed power market reform.

China's steel industry is expected to see roughly balanced supply and demand in 2023, thanks to the steady recovery of the Chinese economy, according to a senior official of China's top steel industry association.

The Argus weekly domestic US HRC Midwest and southern assessments both rose by $50/st to $900/st on Tuesday.

North China's Hebei province saw its foreign trade grow 3.9 percent year-on-year to 562.9 billion yuan ($82.61 billion) in 2022, according to local customs.

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.