There are more signs emerging of the green steel evolution in Asia, even as steelmakers seek to differentiate themselves with green certifications to edge ahead of competitors, market sources have told Fastmarkets.

Brazilian miner Vale's fourth-quarter premiums for direct-reduced (DR) and blast furnace (BF) iron ore pellets have been adjusted to their lowest levels since the start of the year - but what does this key supplier's move reveal about the state of steelmaking in 2024?

Higher costs resulting from a tentative deal to end the strike at East Coast and Gulf Coast ports could reduce imports, increase reshoring and drive up the cost of steel products in the US, according to market observers and participants

Fastmarkets is launching a green long steel differential to its weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore, as well as a weekly inferred green steel base price for rebar cfr Singapore.

Correction to rationale for alumina index, fob Australia on October 4

Freeport-McMoRan is in the process of ramping up its new copper smelter in Gresik, Indonesia, in a move that has seen the company switch away from being a marketer of concentrates as it becomes a fully integrated producer in the country, the company's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.

Long-term demand trends in the copper sector may reduce cyclical price moves driven by short term factors impacting sentiment, Freeport-McMoRan's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.

The publication of Fastmarkets’ Mineral Sands Monthly price assessments for Thursday October 3 was delayed to 17:51 from 16:00 due to a reporter error. Fastmarkets’ pricing database has been updated.

The publication of Fastmarkets’ price assessments of calcined alumina on Thursday October 3 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

The publication of Fastmarkets’ India import aluminium scrap price assessments for Wednesday October 2 were delayed because of the Gandhi Jayanti public holiday in India. Fastmarkets’ pricing database has been updated.