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Does European energy crisis risk investment in renewables and green transition? – LME Week
With soaring European energy prices squeezing margins and curtailing production of various commodities, Fastmarkets explores whether the crisis risks the postponement of investment in renewable power and in the transition to green metals.
October 20, 2022
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By Carrie Bone, Julia Bolotova, Imogen Dudman
Insights
Proposal to revamp US nickel scrap prices [update]
Following a consultation period and market feedback, Fastmarkets will proceed with a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.
October 19, 2022
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By Sean Barry
Insights
US steel scrap price analysis October 2022
US steel scrap prices are experiencing historic highs — but as the market stabilizes, will the spread between busheling over shredded continue to widen beyond historical averages in 2023?
October 13, 2022
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By Kimberly Leppold
Insights
Rebar-shred spread historically high in 2022, likely to narrow through 2023
Rebar prices have maintained historically high spreads over those of shredded scrap — the steel product’s key feedstock — in 2022 due largely to robust end-use demand, but that gap is expected to narrow in 2023, according to Fastmarkets analysts
October 12, 2022
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By Abby Verret
Insights
Further downside expected in US ferrous scrap trade
The United States ferrous scrap market remains depressed with some sellers no longer holding out hope that a bottom is near
October 10, 2022
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By Lisa Gordon
Insights
Why steel companies should be more concerned about Scope 3
Is the 'green' advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?
September 28, 2022
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Insights
Proposal to update US nickel scrap prices
Fastmarkets is proposing a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.
September 19, 2022
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By Sean Barry
Insights
Scrap, secondary and recycled aluminium, from rescue to low-carbon gains
With decarbonization high on the agenda for the industry, the longevity of scrap and secondary aluminium could play a bigger role in the climate crisis. An overview of demand and price trends of scrap and secondary aluminium across Europe and North America.
September 8, 2022
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Insights
Steel prices unlikely to rally significantly in near term: analysts
Steel prices in the United States are unlikely to return to last year's highs over the next year due to incoming steel capacity and falling raw materials prices, which could affect steel mills’ profitability, analysts told Fastmarkets
September 2, 2022
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By Alesha Alkaff
Insights
Turkey re-enters US ferrous scrap market at higher prices after brief hiatus
In a fresh cargo sale to Turkey, US deep-sea ferrous scrap export prices ticked up by $2-11 per tonne compared with the last such US deals
August 25, 2022
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By Amy Hinton
Insights
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