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Scrap groups unhappy with EU vote to tighten controls on ‘waste’ metal exports to non-OECD nations
Associations representing both metal recyclers and steelmakers in Europe were not satisfied by the result of a vote by the Environment Committee (ENVI) of the European Parliament this week on the proposed revision to the Waste Shipment Regulations (WSR)
December 5, 2022
·
By Lee Allen
Insights
Brazil’s Gerdau to invest $277mln into solar-, wind-powered steelmaking
Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25
November 28, 2022
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By Renato Rostás
Insights
Befesa produces SHG solely from recycled zinc; to reach capacity in 2023
Luxembourg-based recycler Befesa’s facility in Mooresboro, North Carolina, is the first in the world to manufacture special high-grade (SHG) zinc solely from recycled zinc
November 25, 2022
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By Yasemin Esmen
Insights
Steelmakers call for common standard to meet emissions goals
To achieve a decarbonized steel industry by 2050 and meet consumer demand for “green” steel products, an international group of steelmakers has urged the United States and EU to adopt a global emission standard to support the transition to low-emission steel
November 21, 2022
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By Mark Burgess
Insights
Slumping freight rates struggle to entice more containerized metal trade
The global trade for metals shipped in containers is being constrained by weak demand despite lower freight costs and higher availability of boxes compared with earlier in the year, sources have told Fastmarkets
November 18, 2022
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By Lee Allen, Jon Stibbs, Claire Patel-Campbell
Insights
CMC’s Barbara Smith answers seven questions on the US steel scrap market
The steel scrap market is undergoing a monumental shift as the pull of decarbonization, growing market consolidation and supply shortages propel steel scrap into 'hot' commodity status
November 16, 2022
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Insights
US 300-series stainless scrap prices climb amid LME nickel jump
While demand for stainless scrap remains very weak in the United States, scrap prices for the 300-series grades jumped this week on continued tight supply and a spike in London Metal Exchange nickel prices, with the nickel cash contract at its highest since May
November 16, 2022
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By Jim Lawrence
Insights
8 global scrap metal prices to watch
Fastmarkets experts share a unique visual snapshot of the ever-changing global scrap markets in 8 scrap metal price charts
November 14, 2022
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Insights
Around the world in eight scrap spreads
Unprecedented scrap market volatility has created widespread uncertainty in global scrap price movements. Fastmarkets experts analyze the eight market-changing events influencing the global scrap markets
November 14, 2022
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By Lee Allen, Cem Turken, Lisa Gordon, Sean Barry, Kirstyn Petras, Jim Lawrence
Insights
China’s top copper producers call for loosening of scrap import standards
The top 10 copper producers in China are looking to convince the Chinese government to relax copper scrap import standards to improve their secondary production ratio
November 11, 2022
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By Julian Luk
Insights
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