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    • US Steel Nippon Steel partnership
      Four key reasons why Asian steel hot-rolled coil prices remain stagnant
      Asian steel hot-rolled coil prices have had difficulty rising in recent weeks due to a number of major themes in the market, sources told Fastmarkets.
      November 4, 2024
       · 
      By Paul Lim
      Insights
    • Coil, Spiral, Machine
      Chinese hot-rolled coil prices rise but buyer interest remains mixed
      China’s domestic and export steel hot-rolled coil prices rose on Monday October 28, reflecting a robust performance in the futures market, but the upward price movement did not translate into increased demand.
      October 29, 2024
       · 
      By Jessica Zong
      Insights
    • Person, Steel, Clothing
      Chinese stainless steel prices fall on weak demand and lower raw materials costs
      Chinese stainless steel prices fell in the week ended Wednesday October 23 in both the domestic and export markets, in response to weak demand and lower-cost raw materials, sources told Fastmarkets
      October 29, 2024
       · 
      By Jessica Zong
      Insights
    • Railway, Train, Transportation
      Chinese nickel pig iron prices push up to 11-month high
      Nickel pig iron (NPI) prices in China continued to climb in the week to Friday October 18, on an increase in tradbg amid positive sentiment, sources told Fastmarkets.
      October 24, 2024
       · 
      By Laura Li
      Insights
    • Architecture, Building, Factory
      China’s non-grain oriented electrical steel market rise amid India’s anti-dumping investigation
      China’s non-grain oriented electrical steel prices rose in the two weeks to Friday October 11, on price hikes by Chinese mills and amid India's anti-dumping probe into Chinese imports, sources said.
      October 15, 2024
       · 
      By Sam Li Xiaoyu
      Insights
    • Sphere, Pebble, Rock
      What Vale’s latest Q4 pellet premiums tell us about the steelmaking sector in 2024
      Brazilian miner Vale's fourth-quarter premiums for direct-reduced (DR) and blast furnace (BF) iron ore pellets have been adjusted to their lowest levels since the start of the year - but what does this key supplier's move reveal about the state of steelmaking in 2024?
      October 8, 2024
       · 
      By Norman Fong
      Insights
    • Warehouse shipping dock in the early morning
      Higher dock costs will boost steel prices and reduce imports, said market sources
      Higher costs resulting from a tentative deal to end the strike at East Coast and Gulf Coast ports could reduce imports, increase reshoring and drive up the cost of steel products in the US, according to market observers and participants
      October 7, 2024
       · 
      By Robert England
      Insights
    • Nature, Outdoors, Sea
      How Hurricane Helene is impacting US steel demand, supply and prices
      The deadly storm may lead to a temporary near-to-medium-term uptick in steel prices, as scrap flows dwindle and the need for new steel soars, sources said. “[Original equipment manufacturers] and service centers will experience a boost in sales to rebuild from the hurricane,” one mill source said. “The rebuild includes new equipment like tree-trimming trucks, […]
      October 2, 2024
       · 
      By the Fastmarkets team
      Insights
    • Architecture, Building, House
      Four reasons why China faces an unparalleled steel crisis
      Bearishness lingers in China’s ferrous market despite price rises seen for some steel products in recent days, market participants told Fastmarkets in the week to Wednesday September 11
      September 16, 2024
       · 
      By Jessica Zong, Tina Tong, Jessica Long, the Fastmarkets team
      Insights
    • Steel, Window, Architecture
      Green steel premiums not enough to offset technology costs in the short term: China Steel Congress
      The willingness among steel consumers to pay premiums for ‘green’ products was not enough to offset the extra cost of the technology transition in the short term, according to Dr Karel Eloot, senior partner in the global materials insights department of management consultant McKinsey & Co.
      September 5, 2024
       · 
      By Zihuan Pan
      Insights
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