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Correction to Fastmarkets’ pricing rationale for the US import pig iron assessment
Fastmarkets has corrected its pricing rationale for the pig iron import market in the United States, which was published incorrectly on Friday July 21 due to a typo.
July 21, 2023
·
By Marina Shulga
Insights
ArcelorMittal starts production of low carbon heavy steel plate in Spain
Leading European steelmaker ArcelorMittal has expanded its range of low carbon steel products, responding to increasing demand for carbon-reduced steel in Europe, Fastmarkets heard on Wednesday July 19
July 20, 2023
·
By Julia Bolotova
Insights
Southeast Asia’s steelmakers face long road to ‘green steel’ – GRP sustainability chief
Southeast Asia's steel industry faces a long journey to decarbonization and the shift to producing “green steel,” according to Sheren Omega, head of sustainability at one of Indonesia's leading steelmakers, Gunung Raja Paksi (GRP)
July 10, 2023
·
By Jessica Zong
Insights
Five takeaways from the Global Steel Dynamics conference
Delegates from across the steel industry gathered in New York June 26-28 for the Association for Iron & Steel Technology’s 2023 Global Steel Dynamics Forum, which focused heavily on the industry’s route toward decarbonization
July 3, 2023
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By Zach Miller
Insights
US Scrap Trends Outlook: July
North American steel scrap prices could face their third consecutive month of decline across all grades in July as traditional summer production slowdowns hinder demand
June 30, 2023
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By Amy Hinton
Insights
Decarbonization led by economic opportunity and demand, not by government regulation: panelists
The burgeoning trend of decarbonization in the steel industry has been led by the realization of economic opportunity and an increase in demand we heard at the annual Metals Service Center Institute (MSCI) and Steel Manufacturers Association (SMA) members conference held in Washington from June 21 to 23
June 29, 2023
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By Alesha Alkaff
Insights
Five key takeaways from the 2023 International Ferroalloy Summit
Delegates from the across the ferro-alloys industry, including from China, South Africa and Turkey, among others, took part in the Ferroalloynet 2023 International Ferroalloy Summit on June 14-16 in Beijing. Fastmarkets outlines the five key takeaways
June 21, 2023
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By the Fastmarkets team, Jessica Long, Tina Tong
Insights
Climate change presents ‘once-in-a-century’ opportunity for commodities traders: TELF
In a highly energy-intensive and carbon-generative industry like ferro-chrome, producers naturally have a growing focus on their energy usage and emission levels and what they can do to mitigate them, especially while end users increasingly look to solidify their own green credentials
June 20, 2023
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By Claire Patel-Campbell
Insights
Cheap DRI hindering steel scrap use in India despite low-carbon push
The share of direct-reduced iron (DRI) being used by Indian induction furnaces and foundries has grown over the last month, despite efforts by a strong scrap lobby to use more of the secondary raw material to reduce carbon emissions in the country
June 19, 2023
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By the Fastmarkets team, Lee Allen, Ross Yeo
Insights
Optimus Steel’s doubling of Texas mill capacity aimed at expanding rebar, wire rod market share
Optimus Steel’s ongoing expansion and upgrades at its Beaumont, Texas facility since 2021 will – by the time of completion in late 2024 – double its rolling capacity from 800,000 tons per year to 1.6 million tpy
June 15, 2023
·
By the Fastmarkets team, Robert England, Rijuta Dey
Insights
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