FastMarkets

CHINA STEEL SCRAP: Bullish sentiment pushes up prices

Prices for steel scrap imported into China rebounded after bullish sentiment dominated Chinese steel markets on Friday June 11, sources told Fastmarkets.

VIETNAM STEEL SCRAP: Thin demand amid falling domestic scrap, steel prices

Buyers of bulk cargoes of scrap imports in the key Southeast Asian market of Vietnam were largely on the sidelines during the week to Friday June 11, due to falling...

TAIWAN STEEL SCRAP: Kaohsiung port accident to have minimal effect on discharge rates

An accident at Kaohsiung port, Taiwan, in which a tower crane collapsed on Thursday June 3 will likely have minimal impact on discharge rates for containerized ferrous scrap in the...

BIR 2021: Steelmaking margins, prime scrap premiums to remain high in short term

Mammoth steel-scrap margins and high-grade premiums prevalent in recent months are likely to persist in the short term but should fall away by the end of the year, panelists at...

DAILY STEEL SCRAP: Mills stay away from deep-sea purchases amid dwindling demand for rebar

Turkish steel producers extended their silence in the deep-sea scrap import markets amid weakening demand for finished long steel products, sources told Fastmarkets on Thursday June 3.

NEWSBREAK: China stopping inspections on 5 grades of ferrous scrap

Five grades of steel scrap will no longer need to undergo customs inspections at ports in China when they are imported into the country, beginning on June 10.

Steel Success Strategies and green steel: the US perspective

Green shoots are forming in the approach to clean steelmaking in the United States, with a new administration putting an increased emphasis on sustainability.

ENERGY TRANSITION: The complex path to net zero

Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”

DAILY STEEL SCRAP: Mills seek support from finished steel sales before committing to scrap bookings

Turkish steel producers remained quiet in the deep-sea scrap market and instead continued to focus on finished steel, sources told Fastmarkets on Tuesday June 1.

PRICING NOTICE: Proposal to amend Fastmarkets' methodology for Taiwan steel scrap price assessment

Fastmarkets invites feedback on its Taiwan steel scrap price assessment as part of its annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for...