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?

Fastmarkets is proposing a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.

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.

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

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

Turkish steel producers continued to face weak demand for finished steel products in the export markets and locally

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

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

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.

Steel scrap prices in both Turkey and the major Asian markets were under pressure in the week to Friday July 29. Most participants in these markets were expecting more of a downtrend to come in scrap prices amid weak sales of steel products