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

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

Steelmakers in Taiwan are planning for severe production cuts this summer amid a surge in electricity costs starting in April, coupled with dismal steel demand in the spot market, sources have told Fastmarkets

The latest Western sanctions arising from Russia's invasion of Ukraine will have little impact on the global hot-briquetted iron (HBI) market unless key buyers in the European Union adopt the measures, Fastmarkets understands

There is a real sense among participants that the ferrous scrap markets in Gulf Cooperation Council (GCC) nations may be getting ready to really heat up

North American steel scrap prices are expected to rise in April, for a fifth straight month, supported by a lingering shortage of certain grades of material and steady demand

Cleveland-Cliffs announcement on Monday, April 3 of a $100-per-short-ton increase on all carbon hot-rolled, cold-rolled and coated steel products is aimed at bolstering a softening hot-rolled coil spot market in the United States, sources told Fastmarkets

Seaborne high-grade iron ore prices erased gains achieved since early March in the week ending Friday March 24, amid a dip in iron ore futures

Demand in the direct-reduced (DR) iron ore pellet market has improved, partly due to a lower premium in the second quarter, sources told Fastmarkets

As the world moves toward a shared goal of net-zero emissions, Claire Patel-Campbell talks to Outokumpu's head of group sustainability, excellence and reliability about the place of the energy-intensive and high emissions ferro-chrome industry in a greener economy