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    • Why China’s new 2024 steel output cut policy is altering value chain dynamics
      China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity
      April 19, 2024
       · 
      By Jessica Zong, Alice Li, Jessica Long, Norman Fong, Tina Tong, Shu Yi Zheng
      Insights
    • US construction demand could rise once election jitters subside
      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
      April 17, 2024
       · 
      By Daniel Hilliard
      Insights
    • Clothing, Hardhat, Helmet
      Turkey restricts steel exports to Israel amid continued Gaza conflict
      Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.
      April 10, 2024
       · 
      By Lee Allen, Amy Hinton
      Insights
    • Rolls upon rolls of galvanized steel
      China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
      China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at a recent industry conference.
      April 5, 2024
       · 
      By Zihuan Pan
      Insights
    • US housing market: Single-family starts heat up in February
      U.S. housing starts in February posted a double-digit percentage increase month-over-month as construction picked up following a weather-related lull in January. Want to predict the future of the lumber market? Learn more about our short-term and long-term forecasts and asset analysis for the global forest products market today. Learn more. The Census Bureau reported total U.S. starts at […]
      March 28, 2024
       · 
      By the Fastmarkets team
      Insights
    • European flat steel
      China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
      China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at an industry conference on Friday March 22
      March 26, 2024
       · 
      By Zihuan Pan
      Insights
    • Construction, Construction Crane, Urban
      China’s new 2027 “green construction” target to boost domestic steel decarbonization
      China's National Development and Reform Commission (NDRC) has set a target for the building of green and low-carbon high quality buildings from 2027 to make significant improvements in energy-saving and carbon emission reduction in the construction sector, it said in a notice on Friday March 15 2024
      March 25, 2024
       · 
      By the Fastmarkets team, Alice Li, Jessica Zong
      Insights
    • Should India ‘heavily subsidize’ metals firms to insulate from Western trade barriers?
      Western governments are increasingly implementing policies to protect their local metal-producing industries from rival products made in the developing world, but how should eastern lawmakers and companies respond to these moves?
      March 22, 2024
       · 
      By the Fastmarkets team, Lee Allen, Aameer Sayed
      Insights
    • CAD Diagram, Diagram, Aircraft
      How is the steel industry supporting DRI expansion amid weak global demand?
      Raw material prices have come under the pressure of falling steel demand around the world since the second half of 2023, and market participants expect the trend to extend into 2024
      March 18, 2024
       · 
      By Norman Fong
      Insights
    • Aluminum ingots
      Aluminium demand to benefit from ‘under-appreciated’ role in energy transition
      Increasing amounts of aluminium are being used to make solar panels, reduce vehicle emissions and upgrade electricity networks in a structural shift to patterns of long-term aluminium consumption
      March 18, 2024
       · 
      By James McKeigue
      Insights
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