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The Brazilian Executive Management Committee for the Foreign Trade Chamber (Gecex-Camex) decided to increase steel import duties during one year to 25%, while establishing import volume quotas for 11 steel products, according to a document published on Tuesday April 23
Increased construction spending could be unlocked early next year once the fraught US presidential election is settled, and steel participants are gearing up for a busy 2025
The green steel supply chain is gradually starting up in Malaysia, largely due to stricter decarbonization-related government policies, sources said in the week to Monday March 25. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in the iron and steel industry
These changes are driven by the need to adapt to an uncertain market environment and a sluggish economy, especially with pessimistic steel demand from China’s real estate sector
China’s State Council has set a two-year action plan for cleaner air, and the comprehensive strategy to improve air quality will affect all key economic sectors, market sources told Fastmarkets
Stronger buying appetite for pellet feed products among Chinese buyers has led to higher seaborne premiums since late July, with market participants expecting a wider price gap between high-grade pellet feed and high-grade sinter fines, sources told Fastmarkets on Friday August 25
The publication of several Fastmarkets’ steel, scrap and manganese ore prices for Friday August 4 were delayed due to a technical issue.
The share of direct-reduced iron (DRI) being used by Indian induction furnaces and foundries has grown over the last month, despite efforts by a strong scrap lobby to use more of the secondary raw material to reduce carbon emissions in the country
Green premiums, reducing Scope 3 emissions and the quest for high-grade iron ore were among the key topics discussed at the 27th International Iron Ore forum in Stockholm
China’s steel industry is on a journey to prioritize the production of green steel in a suitable and effective way, in this article, we interview Frank Zhong, the deputy director general of World Steel Association about China’s decarbonization strategy