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Recently, the Russian Federation of National Housing Builders complained to Russian Deputy Prime Minister Husnulin that Russian metal prices soared and steel prices rose 40 percent within a month.

There were increases in demand for building materials this year, Pham Van Bac, Director of the ministry’s Department of Building Materials said.

The steel output of Hoa Phat Group, Vietnam’s leading steel producer, exceeded the 5-million-tonne benchmark for the first time in 2020.

Japan's ferrous scrap exports in November slowed from a 2020 high in October as a surge in domestic scrap prices reduced supply available for export.

According to the General Administration of Customs, China exported 4.85 million tons of steel in December 2020, an increase of 448,000 tons over the previous month, an increase of 3.5% over the same period last year; From January to December 2020, China export...

The sharp uptrend in global steel market prices has been slowing recently, with buyers preferring to wait and see where prices will go.

Producers have struggled to source enough hot-rolled coil feedstock because of surging prices amid supply tightness.

Russia's government has increased the country's duty on ferrous scrap exports, effective from the end of this month.