The UK Government has announced updated regulations as part of the Public Procurement Notice (PPN) for steel that require reporting on the origin of steel in public projects.

ArcelorMittal had planned to offset the shortfall in slab from Gijon with Dunkirk material, but may need to alter this plan.

The American Iron and Steel Institute (AISI) reported that for the month of February 2023, U.S. steel mills shipped 6,917,842 net tons.

The 2305 ferrosilicon contract price on ZCE closed at 7796 yuan per ton on April 11.

The company also raised its minimum hot rolled coil (HRC) price to $1,300/st.

US and imported rebar prices were mostly flat this week.

A key steel product with a significant import increase in February compared to January was line pipe (up 35%).

The company also raised its minimum hot rolled coil (HRC) price to $1,300/st.