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Steel industry lauds new federal Buy Clean actions [update]
Steel industry leaders applauded the White House’s announcement of “Buy Clean actions”
September 19, 2022
·
By Robert England
Insights
ResponsibleSteel debuts new global steel sustainability standard
ResponsibleSteel, a third-party provider of sustainability standards and certifications, has launched a new global standard for the steel industry with a focus on responsible sourcing
September 15, 2022
·
By Rijuta Dey
Insights
CMC launches RebarZero; supports end-user green goals
Commercial Metals Co (CMC) is launching RebarZero, a line of net-zero greenhouse gas emissions rebar products, the company announced on Tuesday August 30
August 31, 2022
·
By Abby Verret
Insights
Global DRI push to be crimped by lack of pellet feed concentrate – sources
The global push toward using more direct-reduced iron (DRI) and hot-briquetted iron (HBI) could be derailed by the lack of iron ore concentrates used in the pelletizing process, sources told Fastmarkets
August 30, 2022
·
By Paul Lim
Insights
BMW seals deal with H2 Green Steel on low-CO2 steel deliveries
German carmaker BMW Group signed an agreement with Swedish green steel maker H2 Green Steel to supply low-CO2 steel for vehicle production at its European plants, Fastmarkets has learned
August 24, 2022
·
By Julia Bolotova
Insights
Landmark US bill a boon but may mean higher global metal market prices
The Inflation Reduction Act in the United States may ironically cause global metal market prices to rise for some metals used in electric vehicles (EVs), Fastmarkets sources said
August 12, 2022
·
By Orla O'Sullivan
Insights
BMW to use green steel from China’s HBIS for car production
BMW Group will start to use low-carbon steel from Chinese steelmaker HBIS Group in vehicle production at its plants in China from mid-2023, the German carmaking giant said on Thursday August 4
August 5, 2022
·
By Zihuan Pan
Insights
China’s EAF steel production to exceed 15% in 2025 for decarbonization
Electric-arc furnace (EAF) steel production is on the rise as China strives to meet decarbonization targets
August 1, 2022
·
By Jessica Zong
Insights
Green steel appetite driven by urbanization, sustainability awareness – Gunung Raja Paksi
Increasing urbanization around the world is one of the main factors driving appetite for green and sustainable steel, Abednedju Giovano Warani Sangkaeng, president director of Indonesian steelmaker Gunung Raja Paksi (GRP), told Fastmarkets in an interview
July 26, 2022
·
By Jessica Zong
Insights
Steel scrap and the big squeeze
US sustainable steelmaking will need at least 10.4 million short tons of scrap per year by 2024. With supply tightening, could a new commodity supercycle be on the horizon?
July 20, 2022
·
Insights
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