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Plan for new Iran export duties causes confusion in steel markets
Iran’s ministry of industries, mines and trade imposed new export tariffs on various products including steelmaking raw materials and steel products early this week, Fastmarkets learnt on Tuesday April 12.
April 12, 2022
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By Vlada Novokreshchenova
Insights
Voestalpine to switch to green steel production via EAFs by 2027
Austrian steelmaking group Voestalpine intends to replace coal-fuelled blast furnaces with climate-friendly electric-arc furnaces (EAFs) powered by green electricity at its sites in Linz and Donawitz by 2027, the company said in a press release on Wednesday March 23
March 23, 2022
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By Elina Virchenko
Insights
Brazil at steel decarbonization crossroads; charcoal, gas short-term options
Brazil, a country that already emits less greenhouse gases (GHG) per tonne of crude steel produced than the global average, seeks in charcoal and natural gas a way to take short-term steps on its lengthy decarbonization road, but its legacy integrated steelmaking capacity could be a hurdle
March 21, 2022
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By Renato Rostás
Insights
Schnitzer launches net-zero long steel product line
The brand, called GRN Steel, will offer reinforcing bar, wire rod and merchant bar, Schnitzer announced on Monday March 7
March 8, 2022
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By the Fastmarkets team
Insights
Lithium prices rose more than 400% in 2021; supply agreements failed to keep up
Why the most common lithium pricing mechanisms don't serve the strategic aims of the EV market
February 23, 2022
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Insights
Traditional blast furnace-based steelmakers need to adapt to remain relevant – Gunung Capital
Steelmakers will need to adapt quickly to the burgeoning decarbonization movement in Asia to remain relevant, Gunung Capital managing partner Kelvin Fu told Fastmarkets in an interview
February 8, 2022
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By Alex Theo
Insights
Sinton caps off southern ‘green steel’ shift
Fastmarkets charts the steady and recently rapid rise of southern steelmaking, and its possible impact on ferrous scrap markets and pricing
February 1, 2022
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By Bill Beck
Insights
Metinvest aiming to cut carbon emissions by 40% by 2040 – reports
Ukraine’s largest national steelmaker, Metinvest, plans to cut its greenhouse gas emissions by 15% by 2030, and by 40% by 2040, according to media reports
January 20, 2022
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By Marina Shulga
Insights
Lack of industry standards for green steel won’t hinder adoption by construction sector: ArcelorMittal
Government purchasing pledges, new products and changing attitudes toward building design are bringing standards closer
December 20, 2021
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By Carrie Bone
Insights
North American steel: The backbone of US infrastructure
With Biden's Infrastructure Investment and Jobs Act finally passed, what lies ahead for the steel markets and supply chains?
December 15, 2021
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By Kimberly Leppold
Insights
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