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Four key takeaways from the 27th International Iron Ore forum
Green premiums, reducing Scope 3 emissions and the quest for high-grade iron ore were among the key topics discussed at the 27th International Iron Ore forum in Stockholm
May 15, 2023
·
By Norman Fong
Insights
TSR aims to boost low-carbon steelmaking in EU with new high-grade scrap
Major German recycler TSR aims to supercharge scrap consumption in Europe with a high-grade scrap designed to make high-quality flat steel for sectors such as automotive, a company official told Fastmarkets on Friday April 28
May 10, 2023
·
By Lee Allen
Insights
Decision to amend Mexican ferrous scrap price publication time
Fastmarkets decided to change the publication time of the weekly assessment of Mexican ferrous scrap prices on Tuesdays to “between 2pm and 3pm New York time” from “by 2pm New York time."
May 8, 2023
·
By Felipe Peroni
Insights
Extension of consultation period on launch of South Korean black mass payable indicators
After assessing a high volume of market feedback, Fastmarkets is extending by one week the consultation period for its proposal to launch black mass payables indicators in the South Korean market.
May 5, 2023
·
By Lee Allen
Insights
US Scrap Trends Outlook: May
North American ferrous scrap prices are due a further downward correction in May following drops incurred on cut grades and shredded scrap in April; primes trended sideways over the period
May 3, 2023
·
By Sean Barry
Insights
Stymied flow of raw materials along Mississippi River may shore up May’s ferrous scrap market
The current curtailment of barge shipments along the upper portion of the Mississippi River due to flooding is balancing some of the negative sentiment brought on by a swathe of end-of-month cancelations sent out by US mills to their suppliers
May 3, 2023
·
By Amy Hinton
Insights
Power price hike forces Taiwan steel mills to plan sharp cut in summer production
Steelmakers in Taiwan are planning for severe production cuts this summer amid a surge in electricity costs starting in April, coupled with dismal steel demand in the spot market, sources have told Fastmarkets
April 25, 2023
·
By Tianran Zhao
Insights
Robust construction, shipbreaking activity spur growth in GCC steel scrap markets
There is a real sense among participants that the ferrous scrap markets in Gulf Cooperation Council (GCC) nations may be getting ready to really heat up
April 14, 2023
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By Lee Allen
Insights
US Scrap Trends Outlook: April
North American steel scrap prices are expected to rise in April, for a fifth straight month, supported by a lingering shortage of certain grades of material and steady demand
April 6, 2023
·
By Sean Barry
Insights
Scrap metal trading platform Metycle matches buyers with supply to boost recycling and cut emissions
Recycling is increasingly being considered the best way to reduce carbon emissions from metals production, and huge investment in recycling facilities has been seen in recent years, with robust merger and acquisitions activity
March 29, 2023
·
By Julian Luk
Insights
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