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Election 2024: What US steel market participants are saying
The polls officially opened in the US on Tuesday November 5 for the presidential election pitting incumbent Vice President Kamala Harris and former President Donald Trump.
November 5, 2024
·
By Fastmarkets Staff
Insights
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
Polish long steel prices published early due to public holiday on November 1
Fastmarkets’ weekly price assessments for Polish long steel were published on Thursday October 31, one day ahead of schedule due to a public holiday in Poland on November 1.
October 31, 2024
·
By Darina Kahramanova
Insights
China’s next strategic move: Overseas investments in high-grade iron ore
Jinnan Iron & Steel Group is the latest company to join the push to expand China's steelmaking footprint in the Middle East and is working with Brazil's Vale to establish an iron ore concentration plant at the Sohar Port and Freezone in Oman, Fastmarkets understands.
October 31, 2024
·
By Alice Li
Insights
Geo-economic tensions fuel electrical steel race between China, India
China and India are ramping up electrical steel production through new joint ventures and acquisitions to meet rising global demand and sustainability goals.
October 31, 2024
·
By Suresh Nair, Sam Li Xiaoyu, the Fastmarkets team
Insights
Concerns loom over weak market fundamentals amid launch of new Chinese state-owned recycling company
A new Chinese state-owned enterprise (SOE) called China Resources Recycling Group (CRRG) has been established to build a national platform for recycling and reusing resources, according to an announcement from Chinese officials on October 18. While details of the company's specific plans remain scarce, market participants remain concerned about weak market fundamentals, sources told Fastmarkets..
October 31, 2024
·
By Carman Chew
Insights
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
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
Global steel market: Four early takeaways from Alacero Summit 2024 in Buenos Aires
Steel leaders from throughout Latin America gathered during October 29-31 in Buenos Aires, Argentina, at Alacero Summit 2024 to learn more about the region's growing importance in the global steel market
October 29, 2024
·
By Gabriela Brumatti, Ana Enis, Dan Hilliard, the Fastmarkets team
Insights
Fastmarkets launches Chinese green ferro-alloys prices to cover whole clean steel supply chain
China’s ferro-alloy industry continues to track toward sustainable development, focusing on decarbonization as a foundation and utilizing renewable energy and advanced technologies to reduce electricity consumption, waste gas and slag.
October 29, 2024
·
By Tina Tong, Paul Lim, Jessica Long, the Fastmarkets team
Insights
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