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    • Brazilian flag waving against a clear blue sky
      Pressure for trade defense takes away spotlight from steel decarbonization at Brazilian Steel Conference
      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
      August 9, 2024
       · 
      By Gabriela Brumatti, Ana Enis
      Insights
    • Gas Pump, Machine, Pump
      Powering the energy transition: Supply shortage of electrical steel could crimp energy transition movement
      The green revolution is creating a surge in demand for electrical steel, a key component in both electric vehicles (EVs) and new home appliances
      August 7, 2024
       · 
      By the Fastmarkets team
      Insights
    • Rubble, Coal, Anthracite
      Glencore shelves coal, carbon steel demerger plan
      Global commodities giant Glencore has announced its decision to retain its coal and carbon steel materials business, abandoning earlier plans for a demerger
      August 7, 2024
       · 
      By Paul Lim
      Insights
    • Aircraft, Airplane, Transportation
      Using low-carbon steel demand to push steel mills’ decarbonization moves: IIO 2024
      A low-carbon world will still need steel that can satisfy the diverse demands of a variety of downstream sectors, Frederik Leus, of ArcelorMittal’s Xcarb Business Development section, said in an address to Fastmarkets’ International Iron Ore and Green Steel Summit, being held in Vienna, Austria, on June 25
      June 26, 2024
       · 
      By Alice Li
      Insights
    • Mexico’s Deacero to add to green steel portfolio with new plant
      The June construction startup of a new steel plant in Deacero's complex in Ramos Arizpe, in the northeastern Mexican state of Coahuila, will position the company to meet future demand for lower-carbon steel nationally and abroad, a Fastmarkets analyst said on Monday June 17
      June 18, 2024
       · 
      By Renzo Pipoli
      Insights
    • Worsening weather disruptions drive increasing Galvalume adoption in roofing industry
      Extreme weather phenomenon, including catastrophic hurricanes, is driving increasing adoption of metal roofing and therefore Galvalume, market participants said during a trade show in Florida
      June 14, 2024
       · 
      By Rijuta Dey
      Insights
    • Metalworking, Person, Architecture
      Tata’s Port Talbot steel BFs to shut down regardless of UK election result, company says
      Tata Steel intends to continue with plans to close its blast furnaces at the Port Talbot Steelworks in Wales, and called for both of the UK’s major political parties to adhere to the terms of its plan to develop a lower-emissions electric-arc furnace-based steelmaking plant on the site, the firm said on Tuesday June 11
      June 12, 2024
       · 
      By Lee Allen, Darina Kahramanova
      Insights
    • hot steel blanks coming out of furnace
      China’s ‘special action plan for carbon reduction’ likely to shrink demand for traditional steelmaking raw materials
      A “special action plan for carbon reduction” unveiled by China's National Development & Reform Commission (NDRC) will reduce the need for coking coal and iron ore by focusing on upgrading existing equipment and the switch to electric-arc furnaces, sources told Fastmarkets this week
      June 12, 2024
       · 
      By Bella Cheng
      Insights
    • The green steel race against time is on
      Fastmarkets forecasts that global steel production will grow at an average annual rate of 1.4% through the end of the decade so ‘green’ steel production methods need to keep pace
      June 5, 2024
       · 
      By Miriam Falk
      Insights
    • Steel, Tape
      Clean, lean US steel sector hunts for green steel premium
      The US steel industry’s preponderance of electric-arc furnace (EAF) capacity may be a double-edged sword when it comes to collecting green steel premiums, market sources have told Fastmarkets
      May 21, 2024
       · 
      By Daniel Hilliard
      Insights
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