FastMarkets

SOUTH ASIA STEEL SCRAP: Markets steady on slow trading

Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.

Vietnam Steel Association leads pushback against proposed billet export tax

The Vietnam Steel Association (VSA) is leading an industry-wide pushback against the country’s proposed export tax of 5% on steel billet, it said on Friday July 23.

PRICING NOTICE: Open consultation on methodology for Northern Europe, US HRC indices – final deci...

Fastmarkets invited feedback from the industry in an open-consultation process on the pricing methodology for its Northern Europe and United States hot-rolled coil indices.

CHINA STEEL SCRAP: Buyers consider new scrap origins

Some Chinese mills are seeking alternative scrap import suppliers because of expensive offers for Japanese heavy scrap (HS), sources said on Friday July 16.

Proposed export tax could price out Vietnam steel billet exports - sources

Vietnam is proposing to impose a 5% export tax on steel billet, which could make offer prices from the country's mills uncompetitive in key Asian markets, sources told Fastmarkets on...

SSF 2021: Automotive producers likely to lead the drive to ‘green steel’

Automotive producers are likely to be the first downstream sector to shift toward using “green steel,” Saudi Arabian steel producer Sulb Co's chief executive Ravi Singh told delegates at the...

PRICING NOTICE: Proposal to launch two indices for cfr China steel scrap

Fastmarkets proposes to launch two indices for cfr China ferrous scrap prices.

RESEARCH: Drop in global auto output causes steel scrap price spreads to widen

The latest forecasts and analysis of the ferrous scrap and iron metallics market from the Fastmarkets research team are ready to be viewed.

INFOGRAPHIC: Global coking coal imports hit by Covid-19

All the world’s major coking coal importers reduced their purchases in 2020 amid steel production cuts and lockdowns caused by the Covid-19 pandemic.

RESEARCH: H2 stainless steel outlook

Stainless steel prices continue to register new highs around the end of the first half of 2021 and steelmakers continue to enjoy outsized margins.