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China ferro-alloys sectors show muted response to 2024 economy targets
The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets
March 11, 2024
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By Jessica Long, Tina Tong
Insights
Construction industry outlook: Raw materials price trends in 2024
What is the outlook for key raw materials in the construction industry in 2024, including steel, scrap, aluminium and lumber?
March 11, 2024
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By the Fastmarkets team
Insights
How the European steel industry is going green
Key milestones, opportunities and challenges facing the European steel industry on the path to decarbonization
March 8, 2024
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By Julia Bolotova
Insights
China’s 5% growth target for 2024 fails to satisfy ferrous market expectation
The Chinese government has set a 5% target for growth of the country’s gross domestic product (GDP) in 2024, compared with the increase of 5.2% in 2023, according to a Government Work Report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing
March 6, 2024
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By the Fastmarkets team
Insights
Three pathways to green steel in Asia
Fastmarkets explores three innovative pathways paving the way for sustainable steel production in Asia amidst rising capacity and demand challenges, driving the urgent need for decarbonization and low-carbon supply chain development
February 28, 2024
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By the Fastmarkets team, Paul Lim, Nabilah Awang
Insights
7 key reasons for BHP’s cooling steel outlook
Amid inflation and a global economic slowdown, BHP's outlook for the steel industry in China, the world's largest steel producer, has become less optimistic
February 27, 2024
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By the Fastmarkets team, Jessica Zong, Zihuan Pan, Nabilah Awang
Insights
Norsk Hydro continues to flex portfolio, targets automotive, exec says | Hotter Commodities
Norsk Hydro is continuing to maximize its production of aluminium products for the automotive sector amid ongoing weak demand in end-use markets like construction, according to a senior executive at the Norwegian producer
January 23, 2024
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By Andrea Hotter
Insights
Could headwinds hinder softwood lumber markets’ return to normalcy? | 2024 preview
Softwood lumber traders worldwide begin 2024 with a glimmer of hope that a post-pandemic new normal might finally emerge after several years of upheaval. Plateauing interest rates and encouraging signs in the U.S. housing market in late 2023 provided a reason for guarded optimism in North America. U.S. and Canadian exports to China increased last […]
January 18, 2024
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By Peter Malliris
Insights
Six predictions for the housing and softwood lumber markets | 2024 preview
Another year is behind us, with no shortage of discussion topics when reflecting on the US residential construction and wood products markets in 2023. In many ways, the year played out how our team expected as we laid out in last year’s “Predictions” piece. Here is how our predictions played out throughout 2023: Want to […]
January 12, 2024
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By Dustin Jalbert
Insights
Asia’s move toward green steel picks up pace
Decarbonization of the steel industry in Asia is set to accelerate, with steelmakers pressed to export more amid weak local demand and oversupply, necessitating the increase of low-carbon steel supply
December 21, 2023
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By Nabilah Awang
Insights
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