American Metal Market is part of Fastmarkets

After a consultation period, Fastmarkets is increasing the publication frequency of two copper concentrates index coefficients — MB-CU-0422 copper concentrates counterparty spread and MB-CU-0423 copper concentrates Co-VIU — from monthly to fortnightly.

Major Asian steelmakers have been striving to develop decarbonization technologies for the current blast furnace-basic oxygen furnace (BF-BOF) steelmaking, given the global green steel production drive and large number of existing blast furnaces built in recent years.

The growth is largely expected to be driven by stricter environmental regulations, increasing pressure from consumers and investors for sustainable products, and the region’s commitment to achieving carbon neutrality, according to sources.

Over a decade since its first attempt, Glencore appears to have taken another tilt at Rio Tinto.

Participants in the market for copper scrap and blister in China, the world’s largest importer of copper raw materials, expect there to be fiercer competition for material in 2025, industry sources told Fastmarkets in the week to Thursday January 9.

The biggest threat to keeping carbon emissions low in the steel industry is imports flowing in from regions where there is a lack of focus on emissions reduction, Kevin Dempsey, president and chief executive officer of the American Iron and Steel Institute, said at Fastmarkets’ second annual Circular Steel Summit on Wednesday January 15 in Houston, Texas.