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Rise of southern rebar may boost nearshoring, a boon to buyers
Opinions are mixed on whether new steel reinforcing bar capacity will be absorbed by a down market, but a spate of planned mills in the southern United States may signal a shift toward nearshoring that could offer buyers relief from high freight costs and volatile global supply chains
November 8, 2022
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By Abby Verret
Insights
ResponsibleSteel CEO pleased with industry drive toward environmental goals
ResponsibleSteel chief executive officer Annie Heaton wrapped up a day-long Forum III conference and marveled at how far the steel industry has come in a five-year span
November 3, 2022
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By Mark Burgess
Insights
Can 13 million tons of prime scrap truly support the US HRC market?
Recycled metals including prime steel scrap are becoming the gold standard commodity for producers and consumers of quality, low-carbon metals. Follow the discussion as our Senior expert Lisa Gordon analyses the impact of prime scrap shortages on the US HRC market
November 3, 2022
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By Lisa Gordon
Insights
Amendment of specs for Fastmarkets’ 62% Fe Iron Ore Port Index
Following a one-month consultation, Fastmarkets has amended its 62% Fe iron ore port index base specifications to more closely reflect the chemical composition of mainstream mid-grade ores produced in Australia’s Pilbara region
November 2, 2022
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By Jane Fan
Insights
Delayed publication of CIS, Europe pig iron price assessments
The publication of Fastmarkets’ weekly CIS and European pig iron price assessments for Thursday October 27 were delayed because of an error
October 28, 2022
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By Cem Turken
Insights
Ford seeks green steel supplies from Tata Steel, Salzgitter, Thyssenkrupp
Steel producers Tata Steel Netherlands, Salzgitter Flachstahl and Thyssenkrupp Steel Europe will supply carmaker Ford’s Europe division with low-carbon steel for its future vehicles, the car company said on Tuesday October 25
October 26, 2022
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By Holly Chant
Insights
Slowing flows could limit ferrous scrap downside: SDI
The top executive at Steel Dynamics Inc (SDI) said that a slowdown in inbound ferrous scrap may put the brakes on further big drops in prices
October 26, 2022
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By Lisa Gordon
Insights
Offers of cheap Chinese steel billet ring alarm bells in Asian markets
Low-priced offers of steel billet from China have significantly depressed sentiment in the key Southeast Asian steel market, sources told Fastmarkets on Tuesday October 25
October 26, 2022
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By Lee Allen
Insights
Impasse on the horizon for US ferrous scrap market
The United States ferrous scrap market remains firmly in the doldrums ahead of November’s domestic ferrous trade with supply-side disruptions unlikely to change prevailingly poor demand, according to market participants
October 25, 2022
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By Amy Hinton
Insights
European ferro-alloys industry needs urgent help to survive energy crisis — Euroalliages: LME Week
The European ferro-alloys industry needs help now if it is to survive the global energy crisis. This is the stance of European ferro-alloy and silicon producers’ association, Euroalliages
October 21, 2022
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Insights
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