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Lee Allen

Senior Pricing Analyst
Related articles
Prices for United States-origin steel scrap were easily undercutting those for Japan-origin material in the markets of Taiwan and Vietnam this week, market sources told Fastmarkets on Wednesday May 4
India’s expanding recycling sector will look to capitalize on the opportunity presented by ambitious carbon neutrality targets in the country, according to the Material Recycling Association of India (MRAI)
Fastmarkets invited feedback from the industry on the pricing methodology for steel billet import, cfr Manila, $/tonne (MB-STE-0141) via an open consultation process between February 14 and March 15, 2022.
Key Asian markets Taiwan and the Philippines will have to rely more on higher-priced steel billet from Southeast Asia if they can no longer procure Russian material amid the ongoing Russia-Ukraine conflict, according to sources
Fastmarkets invites feedback on its Manila steel billet import price assessment as part of an annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies
Tianjin’s mass Covid-19 testing hammers commodity port ops, transport
South Korean steelmaking giant Posco has said that it will embark on a highly ambitious plan to decarbonize its steelmaking operations in the country over the coming years
Asian steel market participants are gearing up for another action-packed year in 2022, when they are set to battle with the effects of possible economic headwinds from China and a deepening drive for decarbonization on the continent, sources told Fastmarkets
Traditional relationships between prime steel scrap and lower-grade material in key Asian markets have shattered over recent months, market sources told Fastmarkets in early September 2021.
Steel billet buyers in China have continued to make import purchases in recent days amid expectations that further domestic production cuts will be imposed at the start of next year, sources told Fastmarkets on Tuesday September 7.
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