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China’s steel decarbonization journey could be long, challenging
China is working toward decarbonizing its steel industry – which accounts for around 15% of total emissions from the Chinese manufacturing sector. But several market participants believe that the road to decarbonization will be a long one
July 1, 2022
·
By Alex Theo
Insights
Steel scrap exporters continue to seek alternative markets amid weak Turkish buying
Exporters of steel scrap have continued to explore alternative destination markets for sales of deep-sea scrap cargoes because of the slump in prices in Turkey, sources said in the week ended Friday June 24
June 24, 2022
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By Lee Allen, Amy Hinton, Cem Turken, Tianran Zhao, Olivia Zhang, Holly Chant
Insights
5 things we learned at Fastmarkets’ Steel Success Strategies
Attendees of Fastmarkets' 37th annual Steel Success Strategies conference - June 5-7 in Miami Beach, Florida - discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways
June 21, 2022
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By Alesha Alkaff
Insights
US steel, scrap hedging still seen as confusing, panelists say
Hedging in the steel and ferrous scrap industries in the United States is still not mainstream due to nagging perception issues that contribute to misunderstandings about how it really works, according to panelists at the 37th annual Steel Success Strategies conference in early June
June 14, 2022
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By Grace Asenov
Insights
Proposal to adjust Detroit bundles, busheling prices
Fastmarkets is proposing a realignment of its consumer buying prices for No1 bundles and No1 busheling scrap in Detroit, effective from the August 2022 monthly settlement.
June 10, 2022
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Insights
Proposal to adjust Detroit turnings price
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap turnings in Detroit, effective from the July 2022 monthly settlement.
June 8, 2022
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By Sean Barry
Insights
Correction to stainless scrap dealer prices
Fastmarkets has corrected its dealer buying prices for stainless scrap 304 solids, clips and stainless scrap 304 new clips in Pittsburgh, which were published incorrectly on Tuesday June 7 due to a reporting error.
June 8, 2022
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By Sean Barry
Insights
Optimization software cuts steelmakers’ costs, carbon: Fero Labs
Steel producers in the United States are using optimization software to cut costs for raw materials, reduce quality issues and meet sustainability targets, according to Berk Birand, co-founder and chief executive officer of Fero Labs
June 8, 2022
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By Grace Asenov
Insights
Mexican steel scrap prices tumble again; downtrend expected to persist
Mexican ferrous scrap prices continued to trend lower in the week ended Friday June 3, with market participants seeing no bottom for prices
June 8, 2022
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By Felipe Peroni
Insights
Many hurdles ahead, negative risks persist, Irepas raw materials chief tells conference
A wide variety of factors have contributed to “a really shaky period” in international trade, delegates heard at the 86th meeting of Irepas, the International Rebar Producers & Exporters Association, held in Istanbul, Turkey, on May 29-31, 2022
June 8, 2022
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By Cem Turken
Insights
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