The last several months have been characterised by a number of issues and bottlenecks affecting steel markets and adding to the price momentum of most commodities. According to analysts, two of the main issues noted in 2021 - high freight costs and chip shortages - are here to stay for …

Demand for merchant pig iron continues to accelerate in all traditional buying regions. China's appetite has encouraged the US and Italy to start booking new volumes, and traders to restock in the past week. The resulting activity has lifted prices up, with producers raising offers.

During the first half of …

The last few weeks have been characterised by a general slow-down of steel and raw material prices globally. Some areas, such as North America, continue to hold firm at very high levels, but most regions of the world saw prices correcting from the record levels registered earlier this year. Going …

Supply has caught up with demand in the global long products market, with lead times shortening, although higher prices than at the beginning of the fourth quarter of 2020 will be the new normal, says the International Rebar Exporters and Producers Association (Irepas). Moreover, freight rates are still significantly elevated. …