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Mercedes-Benz, Steel Dynamics rev up green auto steel relationship
German automaker Mercedes-Benz has signaled its preference for greener steel in the US alongside a commitment to 50,000 tonnes per year from long-time supplier Steel Dynamics Inc (SDI)
September 19, 2023
·
By Daniel Hilliard
Insights
Fastmarkets launches Asia green steel differential amid growing decarbonization drive in South Korea, Japan
Read more about our green steel Asia differential, the region’s first green steel benchmark aimed at serving the East Asia market
September 7, 2023
·
By Yolande Peters
Insights
GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide
The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon,” just as the US government, ready with billions of infrastructure spending to deploy, is deciding exactly what “low carbon” means
August 9, 2023
·
By Jason Smith
Insights
European green steel premiums little changed; deals remain sporadic
European green steel premiums were little changed in the past week, with demand remaining slow because original equipment manufacturers (OEMs) feel no pressure to “go green” yet, sources told Fastmarkets on Thursday August 3
August 4, 2023
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By Julia Bolotova
Insights
Japan’s steel decarbonization drive forecast to slash scrap exports, raise imports
Dramatic changes are expected in the Japanese steel industry in the run-up to 2030, with exports of ferrous scrap expected to fall and local use of the material to soar amid the transition away from traditional blast furnace (BF) technology toward greater electric-arc furnace (EAF) capacity
July 25, 2023
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By Lee Allen
Insights
ArcelorMittal starts production of low carbon heavy steel plate in Spain
Leading European steelmaker ArcelorMittal has expanded its range of low carbon steel products, responding to increasing demand for carbon-reduced steel in Europe, Fastmarkets heard on Wednesday July 19
July 20, 2023
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By Julia Bolotova
Insights
Southeast Asia’s steelmakers face long road to ‘green steel’ – GRP sustainability chief
Southeast Asia's steel industry faces a long journey to decarbonization and the shift to producing “green steel,” according to Sheren Omega, head of sustainability at one of Indonesia's leading steelmakers, Gunung Raja Paksi (GRP)
July 10, 2023
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By Jessica Zong
Insights
Five takeaways from the Global Steel Dynamics conference
Delegates from across the steel industry gathered in New York June 26-28 for the Association for Iron & Steel Technology’s 2023 Global Steel Dynamics Forum, which focused heavily on the industry’s route toward decarbonization
July 3, 2023
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By Zach Miller
Insights
Decarbonization led by economic opportunity and demand, not by government regulation: panelists
The burgeoning trend of decarbonization in the steel industry has been led by the realization of economic opportunity and an increase in demand we heard at the annual Metals Service Center Institute (MSCI) and Steel Manufacturers Association (SMA) members conference held in Washington from June 21 to 23
June 29, 2023
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By Alesha Alkaff
Insights
Green premium for flat steel stable in first European assessment
The premium for green steel in the European domestic flat product market was stable this week, compared with prices heard in recent weeks, reflecting an emerging consensus around the value of material produced with low-emissions, Fastmarkets heard on Thursday June 8
June 12, 2023
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By the Fastmarkets team, Julia Bolotova, Ross Yeo
Insights
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