Sections prices have fallen as low as £430-440/t delivered, according to buy-side sources, despite rises in scrap and iron ore.

Trade unions in the UK suggest they will not allow the end of blast furnace steel production.

A new manufacturing plant for antibody-drug conjugates and resistant products topped out recently in the Benxi High-tech Zone.

Kevin Dempsey has taken over as interim chief executive at the steel industry's trade group, the American Iron and Steel Institute (AISI).

The German government agreed to support the country's steel industry in its long-term transition to low-carbon production, the German Ministry for Economic Affairs and Energy (BMWi) announced on Wednesday.

Chinese enterprises have also managed to guarantee the construction and operation of overseas projects under the framework of the Belt and Road Initiative.

Latin American steel association Alacero said that Latin America is facing the worst crisis in its modern history and is in a moment of transition.

From January to May, Russia exported 6.38 million tons of semi-finished carbon steel products, a year-on-year decrease of 0.7%.