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Green steel transition in focus: Key takeaways from Eurometal Steel Day in Zurich
Key talking points from the meeting of steel distributors’ association Eurometal, held in Zurich, Switzerland, on Thursday May 16
May 17, 2024
·
By Julia Bolotova
Insights
How Ukraine’s war-torn steel industry has transformed since Russia’s invasion, with closer ties to EU
This week marks two years since Russia invaded Ukraine on February 24, 2022, but despite the resulting threats and challenges thrown up by the war, the Ukrainian steelmaking sector has managed to adapt. Here, Fastmarkets recaps the key changes
February 27, 2024
·
By the Fastmarkets team, Vlada Novokreshchenova, Julia Bolotova, Marina Shulga
Insights
US producers accelerate green steel technology investment as decarbonization race heats up
Steel producers in the United States are accelerating investment in technology that will reduce their carbon footprint and help them meet climate pledges, while the race to decarbonize the industry heats up across the entire value chain
October 18, 2023
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By Rijuta Dey
Insights
Mercedes-Benz, Steel Dynamics rev up green auto steel relationship
German automaker Mercedes-Benz has signaled its preference for greener steel in the US alongside a commitment to 50,000 tonnes per year from long-time supplier Steel Dynamics Inc (SDI)
September 19, 2023
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By Daniel Hilliard
Insights
Fastmarkets launches Asia green steel differential amid growing decarbonization drive in South Korea, Japan
Read more about our green steel Asia differential, the region’s first green steel benchmark aimed at serving the East Asia market
September 7, 2023
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By Yolande Peters
Insights
Decarbonization policy, carbon emissions alignment at forefront of AISTech 2023
An overarching theme of decarbonization was on display at the Association for Iron and Steel Technology’s AISTech conference in Detroit, Michigan, among US steel industry leaders in May
May 15, 2023
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By Alesha Alkaff
Insights
Inside Vale’s green briquette megahubs and how they will work
Major Brazilian iron ore miner Vale’s plan for green briquette megahubs in the Middle East has sparked much curiosity and interest. In this article, we break down the fundamentals of the plan to help you understand how it will work
May 11, 2023
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By Paul Lim
Insights
Green steel appetite driven by urbanization, sustainability awareness – Gunung Raja Paksi
Increasing urbanization around the world is one of the main factors driving appetite for green and sustainable steel, Abednedju Giovano Warani Sangkaeng, president director of Indonesian steelmaker Gunung Raja Paksi (GRP), told Fastmarkets in an interview
July 26, 2022
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By Jessica Zong
Insights
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
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By Alex Theo
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
·
By Grace Asenov
Insights
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