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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
·
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
·
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
·
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
Limited steel scrap supply keeps import prices in Turkey high
Turkish steel producers continued to face weak demand for finished steel products in the export markets and locally
August 25, 2022
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By Elina Virchenko
Insights
BMW seals deal with H2 Green Steel on low-CO2 steel deliveries
German carmaker BMW Group signed an agreement with Swedish green steel maker H2 Green Steel to supply low-CO2 steel for vehicle production at its European plants, Fastmarkets has learned
August 24, 2022
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By Julia Bolotova
Insights
EU metal-shipping crisis worsens after Rhine River water levels plummet
An alarming drop in water levels in Germany’s Rhine River and other key waterways in Europe has led to massively strained logistics in shipping commodities across Europe, driving up costs and exacerbating material supply, sources told Fastmarkets
August 11, 2022
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By Lee Allen, Carrie Bone, Julia Bolotova, Elina Virchenko
Insights
AMAG, Audi develop recycled aluminium wheel alloy for series production
Austrian aluminium producer AMAG and German automotive manufacturer Audi have developed a recycled aluminium material for vehicle wheels to be put into series production, it was announced on Wednesday, August 3.
August 4, 2022
·
By Carrie Bone
Insights
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