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India’s recycling sector looks to benefit from carbon-neutral drive, MRAI says
India’s expanding recycling sector will look to capitalize on the opportunity presented by ambitious carbon neutrality targets in the country, according to the Material Recycling Association of India (MRAI)
May 3, 2022
·
By Lee Allen
Insights
Where will the US steel market get its prime scrap?
Broken trade flows, inflated steel prices and the pull of decarbonization targets are changing the way US steelmakers think, plan and run their day-to-day operations. Is the US steel scrap industry coming to an end of globalization and entering a new era of domestic sovereignty?
May 3, 2022
·
By Grace Asenov, Kimberly Leppold
Insights
Nucor flexible in building raw material supply
Nucor Corp quickly navigated panic in the pig iron market, even as it took a hardline approach and ceased all purchases from Russia at the onset of its war in Ukraine
May 3, 2022
·
By Lisa Gordon
Insights
Tenaris sees opportunity in ‘changed’ world
A shifting world energy landscape has sparked thoughts of sustainable improvement in the oil country tubular goods and line pipe marketplace, Tenaris chairman and chief executive officer Paolo Rocca said during an earnings call on Thursday April 28
April 28, 2022
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By Mark Burgess
Insights
Vale, Nippon Steel agree to explore steel decarbonization solutions
Brazil-based iron ore producer Vale and Japanese steelmaker Nippon Steel have signed a memorandum of understanding (MoU) to seek decarbonization solutions for the industry, the Brazilian company said on Tuesday April 26
April 26, 2022
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By Renato Rostás
Insights
Nucor investing in energy to reduce emissions [update]
Nucor is targeting new energy sources — including wind, solar and nuclear — to help reduce its greenhouse gas (GHG) emissions and meet its sustainability goals, chairman and chief executive officer Leon Topalian stated during the company’s investor conference call on Thursday April 21
April 26, 2022
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By Robert England
Insights
Open consultation on Fastmarkets’ methodology for US import pig iron price assessment
Fastmarkets is inviting feedback from the industry on its pricing methodology for its US import pig iron price assessment as part of its announced annual methodology review process.
April 22, 2022
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By Ross Yeo
Insights
Steel world sees new pricing mechanisms spring up amid Ukraine-Russia war
New trade settlement methods that are emerging in spot steel transactions against the backdrop of the worsening Ukraine-Russia war may indicate a lasting shift in the global steel marketplace, market sources told Fastmarkets recently
April 21, 2022
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By Paul Lim
Insights
Japanese scrap buyers vie for domestic scrap with exporters amid stable demand
Japanese buyers are increasing their bids for ferrous scrap to prevent exports of the steelmaking raw material, hoping to feed domestic steel production amid solid demand and healthy margins
April 13, 2022
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By Paul Lim
Insights
Iron ore prices ease amid depressed market sentiment
Seaborne iron ore prices fell on Monday April 11 due to depressed market sentiment prompted by the rise in Covid-19 cases in China, sources told Fastmarkets
April 12, 2022
·
By Alex Theo
Insights
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