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New HRC index shows 3 reasons customers in US South pay less
Steelmakers in the United States reportedly are charging customers less in the South and more in the Midwest mainly due to three factors: differences in import penetration, end-market demand and cost structure, according to market participants — a disparity highlighted by Fastmarkets’ new index for the southern region
January 11, 2023
·
By Abby Verret
Insights
US Scrap Trends Outlook: January
What does 2023 have in store for the US scrap market? Find out today in our monthly US steel scrap price trends outlook
January 10, 2023
·
By Sean Barry
Insights
Why green iron ore may be the next big wave
Shortages of high-grade pellet-feed iron ore concentrates and good-quality ferrous scrap such as plate and structural grades mean that direct-shipping iron ore fines are likely to remain the mainstay steelmaking raw material
January 9, 2023
·
By Paul Lim
Insights
What does China’s possible lifting of ban on Australian coal mean for prices, supply?
A potential lifting of China's sanctions on the import of Australian metallurgical coal and China's post-Covid-19 recovery will be key factors to watch in 2023, market sources told Fastmarkets on Wednesday January 4
January 4, 2023
·
By Min Li, Paul Lim
Insights
US import pig iron prices strengthen on positive market sentiment
Prices for import pig iron in the United States rose in the week to Friday December 30 on reduced stocks and expectations of higher scrap and steel prices in early 2023
January 3, 2023
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By Marina Shulga
Insights
Aurubis boosts investment in US, looks to increase scrap processing globally
Positive feedback has spurred Aurubis to expand its investment in the United States and examine growth opportunities globally within its core business and in new fields
January 3, 2023
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By Yasemin Esmen
Insights
US Scrap Trends Outlook: December
Our monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead
December 8, 2022
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By Sean Barry
Insights
US ferrous scrap market regions slowly taking shape
The US domestic ferrous scrap trade has kicked off with higher offers across the board, but market participants indicated that negotiations have turned rocky in some regions, with some sellers holding out for bigger increases
December 7, 2022
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By Lisa Gordon
Insights
Oman’s Jindal Shadeed will invest over $3 bln in green steel plant
Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4
December 5, 2022
·
By Serife Durmus
Insights
December US ferrous scrap market facing dealer resistance
The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers
December 5, 2022
·
By Lisa Gordon
Insights
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