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How Europe’s green steel production competes with the rest of the world
Jeddah in Saudi Arabia and Port of Sohar in Oman are becoming tactical workarounds for base metal exports blocked by the Strait of Hormuz closure, with cargo transiting via land-bridge to other Gulf states, such as Bahrain and the United Arab Emirates – though capacity constraints and elevated logistics costs limit availability, sources with direct visibility of Gulf supply chains told Fastmarkets.
The Fastmarkets Forest Products Europe Conference 2026 brought together leaders from across the industry to discuss what pressures have gripped markets across the past year. Key takeaways: Interested in getting more insights like this firsthand? You can now register to attend the Fastmarkets Forest Products Latin America Conference 2026. Learn more. As recent geopolitical tension […]
The steel market is increasingly pivoting away from blast furnace (BF) production and toward electric-arc furnaces (EAFs), Keith Shuttlesworth, chief commercial officer of clean iron technology company Electra, told Fastmarkets in an interview on Tuesday March 10.
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