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Steel industry well-positioned to benefit from global renewable energy push
With the world paying more attention to renewable power and decarbonization, huge investments have been put into grid infrastructure and technology
June 29, 2022
·
By Tianran Zhao
Insights
Steel scrap exporters continue to seek alternative markets amid weak Turkish buying
Exporters of steel scrap have continued to explore alternative destination markets for sales of deep-sea scrap cargoes because of the slump in prices in Turkey, sources said in the week ended Friday June 24
June 24, 2022
·
By Lee Allen, Amy Hinton, Cem Turken, Tianran Zhao, Olivia Zhang, Holly Chant
Insights
5 things we learned at Fastmarkets’ Steel Success Strategies
Attendees of Fastmarkets' 37th annual Steel Success Strategies conference - June 5-7 in Miami Beach, Florida - discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways
June 21, 2022
·
By Alesha Alkaff
Insights
US steel, scrap hedging still seen as confusing, panelists say
Hedging in the steel and ferrous scrap industries in the United States is still not mainstream due to nagging perception issues that contribute to misunderstandings about how it really works, according to panelists at the 37th annual Steel Success Strategies conference in early June
June 14, 2022
·
By Grace Asenov
Insights
Prospects improving for green steel premium: distributors
Willingness to pay for steel that advances decarbonization and sustainability goals is gaining ground, suggesting that premium pricing for green steel could be implemented and marking a turnaround from views in the recent past, according to leading service center executives
June 12, 2022
·
By Robert England
Insights
Gap for 62-65% Fe iron ore narrows amid stronger demand for mid-grade fines
Seaborne iron ore prices are seeing narrower 62-65% Fe spreads amid stronger preference for mid-grade fines and stable demand from buyers, sources told Fastmarkets on Wednesday June 8
June 9, 2022
·
By Paul Lim
Insights
‘Green steel’ premiums to become commonplace within the next decade
Additional premiums for low-carbon ‘green steel’ are still a niche market, but will they become the norm in the next three-to-10 years? The answer is yes, according to the expert panelists at Fastmarkets’ International Iron Ore conference in Düsseldorf, Germany, in early June
June 9, 2022
·
Insights
Optimization software cuts steelmakers’ costs, carbon: Fero Labs
Steel producers in the United States are using optimization software to cut costs for raw materials, reduce quality issues and meet sustainability targets, according to Berk Birand, co-founder and chief executive officer of Fero Labs
June 8, 2022
·
By Grace Asenov
Insights
Mexican steel scrap prices tumble again; downtrend expected to persist
Mexican ferrous scrap prices continued to trend lower in the week ended Friday June 3, with market participants seeing no bottom for prices
June 8, 2022
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By Felipe Peroni
Insights
Many hurdles ahead, negative risks persist, Irepas raw materials chief tells conference
A wide variety of factors have contributed to “a really shaky period” in international trade, delegates heard at the 86th meeting of Irepas, the International Rebar Producers & Exporters Association, held in Istanbul, Turkey, on May 29-31, 2022
June 8, 2022
·
By Cem Turken
Insights
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