The willingness among steel consumers to pay premiums for ‘green’ products was not enough to offset the extra cost of the technology transition in the short term, according to Dr Karel Eloot, senior partner in the global materials insights department of management consultant McKinsey & Co.

The pulp prices fell due to increased inventories and supply availability, with northern bleached softwood kraft (NBSK) and southern bleached softwood kraft (SBSK) experiencing price drops amid summer slowdowns and muted demand from China.

French soft wheat conditions declined by 1 percentage point in the week to August 12, according to a weekly report released by farm agency FranceAgriMer on Friday August 16.

The UK is to provide funding of £13.5 million ($17.3 million), to support supply chain businesses and workers affected by Tata Steel’s decarbonization plans for its Port Talbot steelworks in south Wales, the British government said on Thursday August 15

In August, US prices for high deinking grades and pulp substitutes rose due to improved demand and tight supplies, driven by growth in the Away-from-Home tissue sector and increased mill consumption.

The US news cycle was set alight exactly a year ago on a Sunday afternoon when US Steel, an iconic century-old institution, announced it was for sale

The transition from blast furnace (BF) steel production to electric-arc furnaces (EAF) provides a clear path to achieving zero-emissions steel, with producers considering hitting sustainability targets and lower costs, Wade Wright, a steel consultant told participants at a green steel webinar held by Jefferies Equity Research on Monday August 12

The Brazilian steel industry called for trade defense measures and integrated action in Latin America to try to contain the advancement of Chinese-origin material before moving on to more complex projects such as decarbonization, key industry market participants said at the 2024 Brazilian Steel Conference

In July, low-grade consumption remained muted across key regions with the three main sectors, while the pallet market struggled with low prices and a surplus of recycled pallets.

The green revolution is creating a surge in demand for electrical steel, a key component in both electric vehicles (EVs) and new home appliances