The Brazilian steel industry called for trade defense measures and integrated action in Latin America to try to contain the advancement of Chinese-origin material before moving on to more complex projects such as decarbonization, key industry market participants said at the 2024 Brazilian Steel Conference

The green revolution is creating a surge in demand for electrical steel, a key component in both electric vehicles (EVs) and new home appliances

Global commodities giant Glencore has announced its decision to retain its coal and carbon steel materials business, abandoning earlier plans for a demerger

Rapidly increasing export volumes of Chinese steel sold at lower prices are significantly lowering sentiment across key global ferrous markets, trade sources told Fastmarkets the week to Thursday August 1

China’s revision of its national rebar standards, which is set to go into effect from September 2024, is expected to increase demand for vanadium nitrogen and silico-manganese amid a push for developing high-quality steel

Fastmarkets proposes to amend the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China, and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China to once a month from the current weekly basis.

Fastmarkets proposes to discontinue its weekly price assessment for MB-IRO-0001 Pig iron export, fob main port Baltic Sea, CIS.

Green hydrogen is emerging as a game-changer for decarbonizing entire industries heavily reliant on fossil fuels. Major commercial sectors like aviation, shipping, and steel production are looking to green hydrogen as the next big thing to replace fossil fuels and achieve sustainability

The US government will impose tariffs on steel and aluminium shipped from Mexico that were made elsewhere, in a bid to curb trans-shipment and excess production, the White House said in a statement on Wednesday July 10, a move widely applauded by the pair of metals industries

The United States-Mexico-Canada Agreement (USMCA) has positively affected the automotive sector in the four years since its implementation and automakers are increasingly investing in zero-emission and hybrid vehicles, according to the US Trade Representative (USTR)