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    • 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
    • Mercedes-Benz inks green steel supply deal with Nucor
      Mercedes-Benz has signed its second deal with a major US steel producer to supply greener steel in hopes of reaching decarbonization goals by the year 2039, the German automaker announced on Wednesday March 20
      March 20, 2024
       · 
      By Mark Burgess
      Insights
    • Clothing, Hardhat, Helmet
      Colombian steelmakers join Latin American pushback against long steel imports
      Steelmakers in Colombia have called on their government to follow in the footsteps of Mexico and Brazil and significantly increase import duties to curtail arrivals of wire rod from China and elsewhere
      March 20, 2024
       · 
      By Gabriela Brumatti
      Insights
    • Constellium joins aluminium producers exploring hydrogen power to decarbonize operations
      Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
      March 20, 2024
       · 
      By Yasemin Esmen
      Insights
    • Aluminium, Architecture, Building
      Hydro anticipates green premiums as solar plant starts up at Brazil’s Alunorte
      The project, which powers the world's largest alumina refinery outside China, Alunorte, not only marks a significant leap towards sustainability but also showcases Norsk Hydro's commitment to reducing carbon emissions
      March 19, 2024
       · 
      By Leticia Simionato
      Insights
    • Correction to Australia, Brazil alumina FOB indices on March 18
      Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday March 18.
      March 18, 2024
       · 
      By James McKeigue
      Insights
    • Metalworking, Person, Machine
      Opposition to US Steel, Nippon deal growing; Biden says US ownership ‘vital’
      Nippon Steel's proposed $14.9-billion purchase of US Steel (USS) could face additional challenges, with US President Joe Biden publicly cementing his opposition to the already heavily criticized deal
      March 18, 2024
       · 
      By Alesha Alkaff
      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
    • Steel industry supports legislation cracking down on Mexican imports
      The United States steel industry lauded the most recent legislation introduced in Congress to clamp down on the surge of Mexican steel imports, which represents a bipartisan bid to the Biden Administration to hold Mexico accountable for the surge in steel imports, sources told Fastmarkets on Tuesday March 12.
      March 18, 2024
       · 
      By Alesha Alkaff
      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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