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MENA steel suppliers well positioned to grab bigger share of EU market during green transition
Suppliers from the Middle East & North Africa (MENA) widely expect to gain market share in the European flat steel market in the coming years as a result of the EU's Carbon Border Adjustment Mechanism (CBAM) and an anti-dumping probe again Asian suppliers, sources told Fastmarkets on Thursday August 8.
August 9, 2024
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By Julia Bolotova, Serife Durmus, the Fastmarkets team
Insights
Pressure for trade defense takes away spotlight from steel decarbonization at Brazilian Steel Conference
The Brazilian steel industry called for trade defense measures and integrated action in Latin America to try to contain the advancement of Chinese-origin material before moving on to more complex projects such as decarbonization, key industry market participants said at the 2024 Brazilian Steel Conference
August 9, 2024
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By Gabriela Brumatti, Ana Enis
Insights
Amendment to frequency of aluminium P1020A MJP spot premium
After a month-long consultation period, which ended on Wednesday July 31, Fastmarkets has amended the publication frequency of its MB-AL-0343 Aluminium P1020A MJP spot premium, cif Japan, from twice weekly to daily.
August 8, 2024
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By Chay Chye Leng
Insights
Australian mining’s ESG conundrum
Amid the rising focus on environmental, social and governance (ESG) performance, the Australian mining industry faces a conundrum: maintain production at competitive levels or promote rigorous ESG standards
August 8, 2024
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By Callum Perry, Solomon Cefai, Alice Li, Laura Roberts
Insights
Powering the energy transition: Supply shortage of electrical steel could crimp energy transition movement
The green revolution is creating a surge in demand for electrical steel, a key component in both electric vehicles (EVs) and new home appliances
August 7, 2024
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By the Fastmarkets team
Insights
Glencore shelves coal, carbon steel demerger plan
Global commodities giant Glencore has announced its decision to retain its coal and carbon steel materials business, abandoning earlier plans for a demerger
August 7, 2024
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By Paul Lim
Insights
Surging exports of cheaper Chinese steel send shockwaves through ferrous markets
Rapidly increasing export volumes of Chinese steel sold at lower prices are significantly lowering sentiment across key global ferrous markets, trade sources told Fastmarkets the week to Thursday August 1
August 7, 2024
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By Serife Durmus, Cem Turken, Lee Allen, Vlada Novokreshchenova, Jessica Zong, Paul Lim, Carman Chew
Insights
Lightweighting, growth in soft drink market a boon for Ball Corp
Aluminium packaging producer Ball Corporation is poised to have an advantage due to producing bottles with a higher recycled aluminium content and having the highest recycled aluminium content in its alloys, Dan Fisher, chairman and chief executive officer, said during the company's earnings call on Thursday August 1
August 6, 2024
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By Yasemin Esmen
Insights
Six key trends in the copper market
As copper prices reach record highs and analysts warn of 'unsustainable deficits', we explore the key trends shaping the copper market
August 6, 2024
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By the Fastmarkets team
Insights
Launch of Singapore tin ingot premium
Fastmarkets has launched an FOB Singapore tin spot premium assessment, with tin poised to be a critical mineral in the ongoing global energy transition and Asia a key region for the metal’s production and consumption.
August 6, 2024
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By Yiwen Ju
Insights
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