Steel production from an additional seven million ton capacity, which steel producers in the United States are expected to bring online in 2022 and 2023, will be “quite readily absorbed” by demand from steel consumers, Mark Millett, chairman, president, and chief executive officer at Steel Dynamics Inc (SDI) said on Tuesday November 9. This includes […]

China’s decarbonization drive could result in increased demand for graphite electrodes amid the global trend toward more steelmaking based on electric-arc furnaces (EAFs), although supply risks may continue in the near term against a backdrop of energy controls, sources have told Fastmarkets

Iron ore prices continue to fall in line with production restrictions imposed by the Chinese government. When will it all end?

Five grades of steel scrap will no longer need to undergo customs inspections at ports in China when they are imported into the country, beginning on June 10.

China’s new and stricter steel capacity swap ratios will cool the overheated steelmaking raw materials market and pave the way for more electric-arc furnaces to be used in its mammoth steel industry, market sources told Fastmarkets this week.

Fastmarkets opened a consultation on January 29, 2020, inviting feedback on its iron ore index methodologies in line with our annual methodology review process.

The magnitude and volatility of price differences between iron ore product types and grades is growing, causing legacy practices in contract structuring to break down

Nearly two months after Chinese steel mills were verbally notified to halt imports of Australian coal, market participants and industry analysts tell Fastmarkets about the consequences of the ban and their predictions for its future.

A number of Chinese dealers and business entities are taking over Japanese scrapyards, or setting up scrap businesses in Japan, to secure sufficient supply of the steelmaking raw material for steel mills in China, market sources told Fastmarkets this week.