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    • Green steel transition in focus: Key takeaways from Eurometal Steel Day in Zurich
      Key talking points from the meeting of steel distributors’ association Eurometal, held in Zurich, Switzerland, on Thursday May 16
      May 17, 2024
       · 
      By Julia Bolotova
      Insights
    • Biden hikes tariffs on Chinese imports; steel, aluminium, electric vehicles among sectors targeted
      US President Joe Biden will increase tariffs on Chinese imports including steel and aluminium, electric vehicles, semiconductors and advanced batteries, to counteract China’s “unfair” trading practices, he announced on Tuesday May 14
      May 17, 2024
       · 
      By Alesha Alkaff
      Insights
    • Steel, Tape
      Canacero denies risk of steel shortage due to Mexican steel import tariffs increase
      Mexico's recent increase in steel import tariffs to 25-35% won't cause shortages in the supply chain, with the market expected to be fed by imports from partner countries and growing local capacity, Mexican steel association Canacero told Fastmarkets on Wednesday May 15
      May 16, 2024
       · 
      By Gabriela Brumatti
      Insights
    • Iron ore mine
      Decarbonization in the steel industry creating two-tiered iron ore market
      The iron ore market is expected to diverge into two segments in line with the steelmaking industry’s march toward reducing carbon emissions, Fastmarkets learned at the 2024 Singapore Iron Ore Forum (SIOF) on Tuesday May 7
      May 10, 2024
       · 
      By Norman Fong
      Insights
    • Steel producers strike optimistic tone despite lackluster short-term construction demand outlook
      Steel producers in the United States remain optimistic about construction demand despite its lackluster short-term outlook, according to market participants
      May 3, 2024
       · 
      By Rijuta Dey
      Insights
    • Shipping containers at dock
      Steel scrap to play key role in decarbonizing South Korean shipping sector
      Ferrous scrap could serve as a linchpin in decarbonizing both the steel and shipping sectors in South Korea, particularly in the short term, while waiting for emerging technologies such as hydrogen-based direct-reduced iron to be commercialized, Fastmarkets heard at a seminar on green steel and circularity
      April 29, 2024
       · 
      By Carman Chew
      Insights
    • European flat steel
      China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
      China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at an industry conference on Friday March 22
      March 26, 2024
       · 
      By Zihuan Pan
      Insights
    • Construction, Construction Crane, Urban
      China’s new 2027 “green construction” target to boost domestic steel decarbonization
      China's National Development and Reform Commission (NDRC) has set a target for the building of green and low-carbon high quality buildings from 2027 to make significant improvements in energy-saving and carbon emission reduction in the construction sector, it said in a notice on Friday March 15 2024
      March 25, 2024
       · 
      By the Fastmarkets team, Alice Li, Jessica Zong
      Insights
    • Should India ‘heavily subsidize’ metals firms to insulate from Western trade barriers?
      Western governments are increasingly implementing policies to protect their local metal-producing industries from rival products made in the developing world, but how should eastern lawmakers and companies respond to these moves?
      March 22, 2024
       · 
      By the Fastmarkets team, Lee Allen, Aameer Sayed
      Insights
    • Mercedes-Benz inks green steel supply deal with Nucor
      Mercedes-Benz has signed its second deal with a major US steel producer to supply greener steel in hopes of reaching decarbonization goals by the year 2039, the German automaker announced on Wednesday March 20
      March 20, 2024
       · 
      By Mark Burgess
      Insights
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