Nucor Corp quickly navigated panic in the pig iron market, even as it took a hardline approach and ceased all purchases from Russia at the onset of its war in Ukraine

Fastmarkets is inviting feedback from the industry on its pricing methodology for its Taiwan steel scrap price assessment and its Turkey steel scrap price indices (US- and Europe-origin) as part of its annual methodology review process, in compliance with the International Organization of Securities Commissions (IOSCO) principles for price reporting agencies.

Japanese buyers are increasing their bids for ferrous scrap to prevent exports of the steelmaking raw material, hoping to feed domestic steel production amid solid demand and healthy margins

Fastmarkets is inviting feedback from the industry on the pricing methodologies for its Midwest ferrous scrap indices as part of its annual methodology review process in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies.

The United States' ferrous scrap export market has quieted, with no deals reported since Monday March 14

Mexican steel scrap prices have increased again for almost every grade in the steelmaking regions of Monterrey and Bajio, with buyers continuing to try to secure supply

The publication of Fastmarkets’ twice-weekly index for India shredded steel scrap imports was delayed on Tuesday March 22 because of an internal error.

Brazil, a country that already emits less greenhouse gases (GHG) per tonne of crude steel produced than the global average, seeks in charcoal and natural gas a way to take short-term steps on its lengthy decarbonization road, but its legacy integrated steelmaking capacity could be a hurdle

Fastmarkets has corrected its ferrous scrap consumer buying prices for North and South Carolina, which were published incorrectly on Thursday March 10 due to a reporter error.

Turkish mills have been forced to pay $6 per tonne more for United States-origin ferrous scrap with the extreme curtailment of Black Sea billet shipments into global markets acutely intensifying demand for Turkish material, and there are more hefty increases for US ferrous scrap export prices on the horizon, sources told Fastmarkets