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Clean, lean US steel sector hunts for green steel premium
The US steel industry’s preponderance of electric-arc furnace (EAF) capacity may be a double-edged sword when it comes to collecting green steel premiums, market sources have told Fastmarkets
May 21, 2024
·
By Daniel Hilliard
Insights
Steelmakers halt production in southern Brazil due to floods, try to measure business losses
Main Brazilian steel producers halted production and operations in distribution centers in the country's Rio Grande do Sul state due to local floods, but potential losses remain uncertain since the situation has not yet been resolved, the companies told Fastmarkets in written statements this week
May 10, 2024
·
By Gabriela Brumatti
Insights
Liberty Steel to pause wire rod production in Georgetown
Liberty Steel will "temporarily pause" production at its wire rod mill in Georgetown, South Carolina, and shift the plant's production to making steel wire mesh and welded steel products, the company announced on Friday April 19
May 1, 2024
·
By Robert England
Insights
Why China’s new 2024 steel output cut policy is altering value chain dynamics
China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity
April 19, 2024
·
By Jessica Zong, Alice Li, Jessica Long, Norman Fong, Tina Tong, Shu Yi Zheng
Insights
China’s domestic stainless steel prices rise following metal sanctions on Russia
China's stainless steel prices saw a notable increase last week, driven by global sanctions affecting nickel, which is a key component
April 18, 2024
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By Jessica Zong
Insights
Amendment to South Korea steel scrap import spot price assessments
Fastmarkets will amend the frequency of its price assessments for MB-STE-0879 Steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea on Friday April 12.
April 12, 2024
·
By pricing@fastmarkets.com
Insights
Final decision of open consultation on coking coal indices, coke assessment
Fastmarkets invited feedback from the industry on the pricing methodology for its coking coal indices and coke assessment, via an open consultation process between February 20 and March 31. This consultation was done as part of our published annual methodology review process.
April 2, 2024
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By Bella Cheng
Insights
Proposal to adjust Fastmarkets’ foundry pig iron assessment
Fastmarkets is proposing to adjust its price assessment for MB-FEN-0004 Pig iron foundry grade, Brazil, fob New Orleans, $/tonne
March 5, 2024
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By Amy Hinton
Insights
China’s ferrous market abandons ‘Golden March and Silver April’ expectation amid poor outlook and limited demand
Market participants seem to have abandoned expectations of a “Golden March and Silver April” in China’s ferrous market due to a slow restart of construction, as well as maintenance of steelmaking facilities planned for March, sources told Fastmarkets
March 4, 2024
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By Jessica Zong, Alice Li, Bella Cheng, Shu Yi Zheng, Zihuan Pan, Jessica Long, the Fastmarkets team
Insights
Iron ore pellet feed premium capped by rising supply and uncertain demand outlook
Trading activity for pellet feed imported into China increased in the week to Friday January 19, with more tenders from Australia. The pellet feed premium, however, continued to face downward pressure from uncertain demand outlook among market participants, sources told Fastmarkets
February 6, 2024
·
By Alice Li
Insights
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