Taking center stage this year were questions over premiums on and standards for green steel, carbon tariffs at the border, the stability of scrap supply in the US and hydrogen’s promising role in decarbonizing steel production.

Exports in May 2023: -0.1% on April 2023

Plate prices have remained flat during the same time period, creating a spread that is now $750/st.

Indian private-sector resources firm Vedanta has announced a strategic review of its steel and steel raw materials business, including potential sale of some assets.

ArcelorMittal, Europe's largest steelmaker, says the process to shut down the French steelworks is "well under way", with the process taking 6-8 weeks in total owing to its complexity.

Sales of the products in May increased by 26.08% month-on-month to 927,618 tonnes but were unchanged compared to the same period last year.

The agreement settles the dispute between the Competition Commission and Cape Gate in terms of which the commission alleges that Cape Gate contravened a section of the Competition Act by fixing the price and trading conditions and dividing the market for long ...

Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.