China’s State Council has set a two-year action plan for cleaner air, and the comprehensive strategy to improve air quality will affect all key economic sectors, market sources told Fastmarkets

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

The publication of Fastmarkets’ CFR Manila billet price was delayed on Tuesday December 19 due to a technical error.

While the downstream electric vehicle market witnessed spectacular sales and output growth in November, the upstream battery raw materials prices continued to experience bearishness amid slow buying and increasing capacity

A recent clarification of the Section 45X tax credit under the Inflation Reduction Act (IRA) that includes aluminium in the critical minerals list will help boost domestic production, according to aluminium producers in the United States

Demand for ferrous scrap rises in North America is surging and competition in the region for scrap and iron metallics is hotting up

Buyers of titanium dioxide (TiO2) expect the market for China-origin material to strengthen ahead of anticipated anti-dumping measures in Europe, which may impact goods arriving around February or March 2024, Fastmarkets heard

The aluminum billet markets in the key global locations of Europe, Brazil and Thailand softened in the month to Friday December 15, while the US market edged higher

Japanese steelmaker Nippon Steel Corporation will acquire US Steel for $14.9 billion in the second or third quarter of 2024, the company said on Monday December 18

Fastmarkets has issued a correction to its MB-STE-0336 steel scrap shredded auto scrap, consumer buying price, delivered mill Hamilton, which was published incorrectly on Tuesday December 12.