Mexico will impose tariffs on around 1,400 imported products from countries with which it does not have a trade agreement, according to Mexican government officials, in a move that industry sources say signals alignment with the US but could have “mixed effects” for the steel industry.

Boston Metal is pioneering carbon-free steel production through its molten-oxide electrolysis technology, securing key partnerships and demonstrating industrial milestones in Brazil, Finland and the US. The company’s progress in anode durability and scalability positions it at the forefront of green steel innovation.

Given the prevailing specifications of mid-grade iron ore fines and mid-grade Australia lump in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore lump over the spot price of 61% Fe iron ore fines in the CFR Qingdao spot market, aligning with […]

This proposal follows the transition of the settlement of the Chicago Mercantile Exchange No1 busheling contract to Fastmarkets’ assessment of the Chicago No1 busheling price on December 16, 2024. The index has remained active in the interim to support existing contracts that are settled against that calculated number. The specifications for the affected index are […]

Fastmarkets proposes to amend the specifications of its iron ore 62% Fe fines, fot Qingdao indices to align with the specifications for mid-grade sinter fines in China’s portside market.

ArcelorMittal Long Products Canada filed a $2.77 million claim in federal court in Peoria, Illinois against Liberty Steel & Wire Monday August 25 for unpaid purchases of billet shipped to Liberty’s Georgetown, South Carolina facility from September 2023 to the plant’s closing in April 2024.

Vietnam and Brazil were the most impacted by the US Department of Commerce’s final affirmative determination in the anti-dumping duty (AD) and countervailing duty (CVD) investigations of corrosion-resistant steel products (CORE) from ten countries.

Based on feedback received, Fastmarkets will maintain the current iron ore 61% Fe fines specifications to preserve consistency in face of evolving mid-grade fines quality. This decision will have no material impact on pricing. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International […]

Fastmarkets launches MB-FEN-0008 nickel pig iron, high-grade NPI content 10-14%, cif China, yuan/nickel unit price on Friday August 15.

New steelmakers in Southeast Asia are embracing hydrogen-based DRI, electric arc furnaces and renewable energy to advance green steel production and counter oversupply pressures, reshaping both market competition and raw material demand.