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China’s road to green steel – hydrogen metallurgy and iron ore pellets
China’s steel industry is on a journey to prioritize the production of green steel in a suitable and effective way, in this article, we interview Frank Zhong, the deputy director general of World Steel Association about China's decarbonization strategy
May 12, 2023
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By Jessica Zong
Insights
Inside Vale’s green briquette megahubs and how they will work
Major Brazilian iron ore miner Vale’s plan for green briquette megahubs in the Middle East has sparked much curiosity and interest. In this article, we break down the fundamentals of the plan to help you understand how it will work
May 11, 2023
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By Paul Lim
Insights
China’s green iron ore masterplan – how will it work?
China has unveiled plans for achieving peak carbon emissions in the iron ore mining industry before 2030, with the state-backed Metallurgical Mines’ Association of China (MMAC) announcing green iron ore production guidelines on Friday April 7
May 10, 2023
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By Alice Li, Shu Yi Zheng
Insights
TSR aims to boost low-carbon steelmaking in EU with new high-grade scrap
Major German recycler TSR aims to supercharge scrap consumption in Europe with a high-grade scrap designed to make high-quality flat steel for sectors such as automotive, a company official told Fastmarkets on Friday April 28
May 10, 2023
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By Lee Allen
Insights
Open consultation on methodology for US pig iron import assessment
Fastmarkets is inviting feedback from the industry on the pricing methodologies for its pig iron import, cfr Gulf of Mexico, US, $/tonne (MB-IRO-0004) as part of its annual methodology review process.
May 4, 2023
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Insights
US Scrap Trends Outlook: May
North American ferrous scrap prices are due a further downward correction in May following drops incurred on cut grades and shredded scrap in April; primes trended sideways over the period
May 3, 2023
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By Sean Barry
Insights
Launch of Asia HBI price
Fastmarkets launches its cfr Asia hot-briquetted iron (HBI) price on Thursday June 1, with the first price published on Friday June 9.
May 3, 2023
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Insights
Stymied flow of raw materials along Mississippi River may shore up May’s ferrous scrap market
The current curtailment of barge shipments along the upper portion of the Mississippi River due to flooding is balancing some of the negative sentiment brought on by a swathe of end-of-month cancelations sent out by US mills to their suppliers
May 3, 2023
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By Amy Hinton
Insights
Mitsui-Kobe Steel joint venture cements Middle East as vital DRI hub, but further efforts are required
Mitsui and Kobe Steel are seeking to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant within the Special Economic Zone at Duqm, in the Sultanate of Oman
May 2, 2023
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By Norman Fong
Insights
‘Sliding scale’ approach to measuring, reporting steel carbon emissions allows for greenwashing
The Global Steel Climate Council (GSCC) is challenging the “sliding scale” method used by steelmakers to measure and report steel carbon emissions and unveiling its own global standard
April 28, 2023
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By Alesha Alkaff
Insights
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