American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,729,000 net tons (NT) of steel in April 2022.

In the week ending on May 21, 2022, US domestic raw steel production was 1,789,000 net tons while the capability utilization rate was 82.0 percent.

It was the second consecutive month that US steel production has lagged its prior year period.

Electric arc furnace (EAF) steelmaker Nucor has lowered its plate prices for the first time in at least two years.

Indian domestic hot-rolled coil dropped to 69,000 rupees/t ex-Mumbai on 20 May, down by 5pc from a year earlier, with sluggish demand.

European steelmaker ArcelorMittal plans to continue to acquire steel scrap recyclers in order to guarantee long-term security of supply.

Chile’s mining industry will have to reduce greenhouse gas emissions to a minimum by 2050 under the climate change bill approved by congress and sent to President Gabriel Boric to be signed into law.

XCMG Construction Machinery, a subsidiary of China's Xuzhou Construction Machinery Group, will supply mining and infrastructure equipment to Brazilian mining giant Vale.