Category: Overseas

Tania Archibald will assume the role of managing director and chief executive at the Melbourne-based company as of Feb. 1, 2026.

The gap between US hot band prices and imports narrowed slightly. But with the 50% Section 232 tariffs, most imports remain more expensive than domestic material.

International Resources Holding (IRH) fund, an Emirate enterprise, is rumored to be discussing the purchase of Duferco International Trading Holding (DITH), according to the Swiss-based daily, La Regione.  

The pig iron market in Brazil saw some activity last week that could present some additional options to producers there, but at lower price levels.

CRU analysts break down their top takeaways from CRU's 31st Annual Ferroalloys Connections Summit, held Oct. 19-21 in Miami.

Ternium closed the third quarter with steady shipments and improving margins. But trade policy uncertainty and subdued demand in Mexico weighed on the Latin American steelmaker’s results.

In dollar-per-ton terms, US product is on average $141/st less than landed import prices (inclusive of the 50% tariff). That’s down from $148/st last week.

NEMO Industries CEO talks cost and reasoning behind a $3-billion pig iron project in Louisiana.

GrafTech reported higher shipments and sales in the third quarter, but continued to lose money. It attributed the continued losses to persistent pricing pressure and global trade uncertainty.

What's on steel buyers' minds this week? We asked about market prices, demand, inventories, tariffs, imports, and other evolving market trends. Read on for buyers' comments in their own words...

SMU’s average price for domestic HR coil moved $5 higher this week, while price movements in offshore markets varied. This dynamic...

There has been renewed activity in the scrap export market in the Mediterranean Basin during the last week. Most of the activity occurred in Northern Europe and the Baltic regions with prices basically staying sideways to up slightly.

The Americas segment of Swedish steelmaker SSAB delivered a stable third quarter, but with weaker shipments and continuing cautious demand. Plate prices held, but tariffs, slowing end-user demand, and...

US-based Ampco-Pittsburgh has placed its forged and cast rolls plant in Gateshead, northeastern England, into administration through voluntary insolvency after years of losses.

We just wrapped up another Steel 101 workshop, easily the most hands-on industry workshop on steelmaking and market fundamentals.

SMU’s average price for domestic hot-rolled (HR) coil was $800 per short ton (st) this week, up $5/st week on week (w/w). In offshore markets last week, prices were varied.

Musings on decarb, tariffs, and technology, and where it might be leading.

Any steel imports into the EU that exceed the new, lower quota level would be subject to a 50% tariff, which represents a major increase from the EU’s current 25% out-of-quota tariff. This move would largely align the EU’s steel tariff rate with Canada and the United States.

The boom in China’s direct steel exports has not stopped this year, even with a rise in protectionist measures globally. The increase is driven by...

here has been considerable activity in the export scrap market in the Mediterranean Basin over the last 10 days. Prices have inched up after recovering from a brief dip in September. Prices range from...

SMU’s average price for domestic hot-rolled (HR) coil was $795 per short ton (st) this week, sideways week on week (w/w). The move was different in offshore markets last week, as prices eased marginally.

The US hot-rolled coil (HRC) market feels steadier as the 4th quarter begins - not strong, but no longer slipping either.

The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences.  CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]

The price gap between stateside hot band and landed offshore product narrowed this week. Still, with the 50% Section 232 tariff, most imports remain much more expensive than domestic material.

A recent IIMA meeting in Brazil shows how the US and much of the rest of the world are operating in parallel realities.

The Italian government has received 10 offers for the former Ilva integrated steel works at Taranto, but only two bidders are interested in purchasing all of the company’s assets.

German service center Klöckner and Co. has agreed to sell seven of its US locations to Canadian service center Russel Metals Inc. for approximately $119 million, the companies said in press releases on Sunday.

The ferrous scrap market is still searching for clues about the direction of the October market.

Worthington Steel saw a strong first quarter to kick off its fiscal 2026 as both profits and sales notched increases.

SMU’s average price for domestic hot-rolled (HR) coil held at $785 per short ton (st) this week, unchanged week on week (w/w). A similar dynamic was seen in offshore markets last week as well.