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Amendment of specs for Fastmarkets’ 62% Fe Iron Ore Port Index
Following a one-month consultation, Fastmarkets has amended its 62% Fe iron ore port index base specifications to more closely reflect the chemical composition of mainstream mid-grade ores produced in Australia’s Pilbara region
November 2, 2022
·
By Jane Fan
Insights
Proposal to launch DR-grade iron ore pellet premium weekly indicator
Fastmarkets is proposing to launch a weekly indicator for direct-reduced (DR) iron pellet premiums, to be known as the iron ore DR-grade pellet premium indicator, $ per tonne.
October 26, 2022
·
By Ross Yeo
Insights
Proposal to discontinue Venezuela HBI exports price assessment
Fastmarkets proposes to discontinue its price assessment for hot-briquetted iron (HBI) exports from Venezuela, due to the sharp decline in shipments caused by the longstanding crisis in the country’s ironmaking industry and the unlikely prospect of any improvement in the near future.
October 26, 2022
·
By Marina Shulga
Insights
A recap of European steel decarbonization amid the ongoing energy crisis
Fastmarkets looked at the 'green' steel key milestones, opportunities and challenges the European industry is facing
October 20, 2022
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By Julia Bolotova, Ross Yeo, Holly Chant
Insights
Vale, SHS sign MoU to seek carbon-neutral steelmaking solutions
Brazilian iron ore producer Vale signed a memorandum of understanding (MoU) with Germany-headquartered steel group Stahl-Holding-Saar (SHS) to seek carbon-neutral steelmaking solutions, the miner said on Thursday October 6
October 10, 2022
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By Renato Rostás
Insights
Direct-reduced iron ore pellet premium falls at the start of October on oversupply
The premium for direct-reduced (DR) iron ore pellet for shipment in October-December has dropped, mainly on oversupply, sources said in late September
October 6, 2022
·
By Marina Shulga
Insights
Proposal to amend Fastmarkets’ 62% Fe Iron Ore Port Index specifications
Fastmarkets is proposing to amend the index specifications of its 62% Fe iron ore port index to more closely reflect the chemical composition of mainstream mid-grade ores produced from Australia’s Pilbara region.
October 3, 2022
·
By Jane Fan
Insights
Why steel companies should be more concerned about Scope 3
Is the 'green' advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?
September 28, 2022
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Insights
Green steel demand seen across supply chain: Boston Metal
There’s demand for green steel across the supply chain, but Boston Metal aims to keep the need for a green premium to a minimum, a company executive told Fastmarkets earlier this year
September 27, 2022
·
By Alesha Alkaff
Insights
Steel prices unlikely to rally significantly in near term: analysts
Steel prices in the United States are unlikely to return to last year's highs over the next year due to incoming steel capacity and falling raw materials prices, which could affect steel mills’ profitability, analysts told Fastmarkets
September 2, 2022
·
By Alesha Alkaff
Insights
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