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Steel trade defense measures timeline in Latin America signals more actions in 2025 | 2025 preview
After a 2024 marked by calls for trade defense measures against “predatory and unfair” imports, the Latin American steel sector should see a rise in such measures in 2025, industry experts told Fastmarkets.
January 8, 2025
·
By Gabriela Brumatti
Insights
Fastmarkets forecasts global crude steel production to increase year-on-year in 2025
Read more about how we expect a modest increase in 2025 levels of global crude steel production over 2024.
January 8, 2025
·
By Kimberly Leppold, the Fastmarkets team
Insights
North American steel outlook 2025: demand to rise with automotive output | 2025 preview
The new year is likely to show a modest pick-up in overall North American automotive production that will, in turn, boost demand for key steel product sectors, such as cold-rolled coil, galvanized sheet and special bar quality steel, according to industry analysts and market participants.
January 7, 2025
·
By Robert England
Insights
Biden blocks $15 billion US steel sale to Nippon Steel over national security
President Joe Biden has followed up on his threat to block the $15 billion acquisition of US Steel by Japan’s Nippon Steel.In a statement released early on Friday January 3, President Biden cited national security concerns for his decision, despite US Steel’s own objections and an inconclusive Committee on Foreign Investment in the United States […]
January 6, 2025
·
By Dan Hilliard
Insights
Trump tariffs 2.0 | Hotter Commodities
“Trump Tariffs” will be back in 2025 and commodities markets are bracing for the impact.
December 20, 2024
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By Andrea Hotter
Insights
Amendment to holiday pricing schedule for five Middle East-related steel and metallics prices
Fastmarkets is amending its holiday pricing schedule for five Middle East-related steel and metallics prices this December.
December 20, 2024
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By Janie Davies
Insights
European steel companies scramble for alternative transport after Moselle river accident
An accident on the major Moselle river earlier this week has led to some steel companies based in Germany and neighbouring countries scrambling for alternative logistical solutions to complete orders and source raw materials, Fastmarkets heard on Wednesday December 11.
December 12, 2024
·
By Julia Bolotova, Lee Allen, Ross Yeo
Insights
Proposal to discontinue China domestic wire rod price assessment: pricing notice
The proposal follows market feedback and data collected by Fastmarkets, which suggested that the price assessment is not a major price benchmark or key reference for market participants. Specifically, Fastmarkets is proposing to discontinue: MB-STE-0164 Steel wire rod (mesh quality) domestic, ex-whs Eastern China, yuan/tonneQuality: Q235B, diameter 6.5-10mmQuantity: 40-1,000 tonnesLocation: Ex-warehouse ShanghaiTiming: SpotUnit: RMB/tonnePayment terms: […]
December 12, 2024
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By Jessica Zong
Insights
Japan mulls mandatory carbon trading; Asian steelmakers on alert
Japan’s government has announced plans to make carbon trading, a system of carbon dioxide (CO2) emissions quotas, mandatory for high-emission firms from the 2026 fiscal year, which could have far-reaching consequences for Asian steelmakers, sources told Fastmarkets in the week to Friday November 29.
December 10, 2024
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By Alice Li, Carman Chew, the Fastmarkets team
Insights
Five key points from Fastmarkets’ US green steel webinar
More than 500 delegates turned out on Thursday December 5 to hear an update on the state of the US green steel industry during Fastmarkets’ inaugural 'going green' webinar.
December 5, 2024
·
By the Fastmarkets team
Insights
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