Global steel output from the 64 countries reporting to worldsteel rose 6.4% on-year in April to 156.7 million tonnes. This was driven by a 12.7% surge in Chinese output to 85mt, according to the latest data from the World Steel Association.

Indian production increased 1.5% to 8.8mt but output in …

The reduction by the US of Section 232 tariff on Turkish steel to 25% will not see Turkish exports to the US return to previous tonnages, according to the Turkish Steel Exporters’ Association (CIB). It does however see this as a positive development, the CIB says.

Besides reducing the tariff on …

Last week the market was dominated by the news that US authorities have decided to relax the existing steel tariffs on some of its principal external steel suppliers - Turkey, Mexico and Canada.

This happened as US trade tensions with China worsened, confirming that some uncertainty remains in the global …

In simultaneous statements, both thyssenkrupp AG and Tata Steel Limited confirmed last week that they expect the European Commission to block the proposed merger of the two companies’ European steel operations.

The long-discussed joint venture has been fraught with difficulties since the concept was first publicly launched in 2016. It has …