The decarbonization of the steel industry has been widely discussed in Europe over the past few years. But much of the focus has been on blast furnace–basic oxygen furnace (BF-BOF) based mills, given their higher carbon intensity.

Used Cooking Oil (UCO) has become a vital feedstock for biofuels, particularly Sustainable Aviation Fuel (SAF), but surging demand, globalized supply chains, and geopolitical risks highlight the need for strategic planning to address supply gaps and sustain production.

The European Union’s Carbon Border Adjustment Mechanism will be implemented in seven months’ time but the region’s steel industry was still not fully prepared for the gradual changes the system will involve, Fastmarkets heard on Thursday May 8 at the Made in Steel trade fair in Milan, Italy.

We provide an overview of how projects developed under Sustainable Agriculture carbon protocols are contributing to climate action on a global scale and what challenges they face.

At Fastmarkets’ International Iron Ore & Green Steel Summit 2025, we expect topics such as iron ore pricing trends, green steel developments and growing demand for high-grade pellets to emerge. The event will address decarbonization, Europe’s green steel growth and shifts in scrap and pellet markets driven by supply and cost changes.

The latest updates (April 2025) in the global carbon markets include ambitious projects and investment in innovation as Pakistan signs-off two carbon offset projects, Holocene gets acquired and biofuel producer Neste starts Rotterdam SAF output. 

Carbon registry Verra announced on Friday May 23 a delay in the release of the final deforestation risk maps required under the Reducing Emissions from Deforestation and Forest Degradation (REDD+) methodology VM0048. The registry said that the delay is intended to ensure the data meets Verra’s standards for high quality and to enhance transparency throughout the data development process.

Discover how big oil is fuelling change in the global electric vehicle (EV) market with the latest episode of Fast Forward podcast

Fastmarkets' Tina Tong discusses adopting ESG practices for a sustainable ferro-alloys future

Fastmarkets announce the release of a new suite of insights and pricing products, across the carbon credits, carbon removals, and compliance carbon markets.