During recent weeks the number of disputes within the World Trade Organization against the US tariffs impacting steel trade have grown, with Europe and Russia being especially active.

On 18 October the European Union authorities filed a request to the WTO and its dispute settlement body to establish a panel …

The global benchmark for scrap has continued to rise during the last two months, after registering a huge drop in mid-August. The Kallanish index for HMS 1/2 imported into Turkey returned last week at $335/t cfr, a level close to the annual 2018 average so far and over $30/t above …

The negative trend for global hot-rolled coil prices first witnessed during the summer is continuing, despite the recent pick-up in raw material values, especially that for iron ore.

Last week the Black Sea HRC price fell further to reach the lowest level since November last year. In March this year …

Last week the pricing trend of scrap in Turkey, iron ore in China and semis in the Black Sea diverged significantly.

Iron ore surpassed the level of $70/tonne cfr Qingdao for the first time since March this year. The recovery was supported mainly by firm sentiment in finished steel prices …