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Launch of UAE import light and medium steel sections S235-SS400 assessment
Fastmarkets launched a price assessment for MB-STE-0920 steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE on Wednesday September 4.
September 4, 2024
·
By Serife Durmus
Insights
Finished steel product import surge threatens Brazilian wire rod market amid quota policy
As the country moves to make the quota tariff against steel imports work, concerns are growing within the Brazilian steel industry over a potential surge in imports of finished steel products, particularly fastening materials such as screws, nails, bolts and wires, which could impact the entire supply chain, sources have told Fastmarkets.
September 2, 2024
·
By Ana Enis
Insights
Nippon Steel promises additional $1.3 billion in US Steel upgrades if buy survives
Nippon Steel doubled down on its promised billion-dollar-plus capex investment promise to US Steel on Wednesday August 28, drawing the ire of the United Steel Workers (USW) labor union..
August 30, 2024
·
By Dan Hilliard
Insights
Early publication of US hot-rolled coil index
Fastmarkets' daily price for hot-rolled coil in the US Midwest was published early on Friday August 23 due to an error.
August 23, 2024
·
By Rijuta Dey
Insights
Brazilian traders using boron-added steel imports to avoid new trade defense tariffs
Brazil’s adoption earlier this year of trade defense strategies to manage the acquisition of imported steel prompted local traders and importers to look into adding boron to some materials, so as to avoid extra tariffs, domestic sources have told Fastmarkets.
August 23, 2024
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By Gabriela Brumatti
Insights
Breakthrough hydrogen hubs to power future of green steel: CWP Global
The global steel industry is currently grappling between decarbonizing at higher costs while still attempting to maintain cost competitiveness with traditional blast furnace-based production methods, sources told Fastmarkets.
August 16, 2024
·
By Paul Lim
Insights
Amendment to Turkey steel pipe export price assessment
After a consultation period, Fastmarkets has amended the MB-STE-0166 steel structural pipe export S235JR grade EN10219 2mm wall thickness, fob main port Turkey price assessment.
August 15, 2024
·
By Serife Durmus
Insights
US Steel for sale, one year on: A look-back at the $15 bln saga of the acquisition of an American icon
The US news cycle was set alight exactly a year ago on a Sunday afternoon when US Steel, an iconic century-old institution, announced it was for sale
August 13, 2024
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By Rijuta Dey
Insights
When will green steel take off in the US?
Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia
August 12, 2024
·
By the Fastmarkets team
Insights
MENA steel suppliers well positioned to grab bigger share of EU market during green transition
Suppliers from the Middle East & North Africa (MENA) widely expect to gain market share in the European flat steel market in the coming years as a result of the EU's Carbon Border Adjustment Mechanism (CBAM) and an anti-dumping probe again Asian suppliers, sources told Fastmarkets on Thursday August 8.
August 9, 2024
·
By Julia Bolotova, Serife Durmus, the Fastmarkets team
Insights
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