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Pressure for trade defense takes away spotlight from steel decarbonization at Brazilian Steel Conference
The Brazilian steel industry called for trade defense measures and integrated action in Latin America to try to contain the advancement of Chinese-origin material before moving on to more complex projects such as decarbonization, key industry market participants said at the 2024 Brazilian Steel Conference
August 9, 2024
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By Gabriela Brumatti, Ana Enis
Insights
Powering the energy transition: Supply shortage of electrical steel could crimp energy transition movement
The green revolution is creating a surge in demand for electrical steel, a key component in both electric vehicles (EVs) and new home appliances
August 7, 2024
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By the Fastmarkets team
Insights
Glencore shelves coal, carbon steel demerger plan
Global commodities giant Glencore has announced its decision to retain its coal and carbon steel materials business, abandoning earlier plans for a demerger
August 7, 2024
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By Paul Lim
Insights
Surging exports of cheaper Chinese steel send shockwaves through ferrous markets
Rapidly increasing export volumes of Chinese steel sold at lower prices are significantly lowering sentiment across key global ferrous markets, trade sources told Fastmarkets the week to Thursday August 1
August 7, 2024
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By Serife Durmus, Cem Turken, Lee Allen, Vlada Novokreshchenova, Jessica Zong, Paul Lim, Carman Chew
Insights
US scrap trends outlook: August 2024
Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our August survey
August 5, 2024
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By the Fastmarkets team
Insights
Proposal to launch price assessment for UAE import light and medium steel sections S235-SS400
Fastmarkets proposes to launch a monthly price assessment for steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE, $/tonne.
July 31, 2024
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By Serife Durmus
Insights
China’s new rebar standards may deal another blow to domestic steelmakers
China’s revision of its national rebar standards, which is set to go into effect from September 2024, is expected to increase demand for vanadium nitrogen and silico-manganese amid a push for developing high-quality steel
July 30, 2024
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By Jessica Zong, Tina Tong, Jessica Long
Insights
Steel industry will be main consumer of imported hydrogen, Germany’s strategy says
Germany’s steel industry will be one of the country’s main consumers of imported hydrogen in the next two decades, according to the hydrogen import strategy approved by the country’s Federal Cabinet on Wednesday July 24
July 25, 2024
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By Julia Bolotova, Darina Kahramanova
Insights
How green hydrogen hubs can restructure future commodities production
Green hydrogen is emerging as a game-changer for decarbonizing entire industries heavily reliant on fossil fuels. Major commercial sectors like aviation, shipping, and steel production are looking to green hydrogen as the next big thing to replace fossil fuels and achieve sustainability
July 22, 2024
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By Paul Lim
Insights
Delayed publication of steel billet index export, fob Black Sea, CIS
Fastmarkets’ pricing database has been updated. The steel billet index export, fob Black Sea, CIS price was published at $496 per tonne on July 19. This price is part of the Fastmarkets steel price package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price […]
July 19, 2024
·
By Zdravko Cherkezov
Insights
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