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Proposal to discontinue north China rebar price assessment
Fastmarkets proposes to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China.
July 19, 2024
·
By Jessica Zong
Insights
Launch of Asia non-grain oriented electrical steel prices
Fastmarkets launches MB-STE-0918 Electrical steel, non-grain oriented, ex-whs Eastern China, $/tonne and MB-STE-0919 Electrical steel, non-grain oriented, cfr India, $/tonne on July 19.
July 19, 2024
·
By Jessica Zong, Suresh Nair, Sam Li Xiaoyu
Insights
Delayed publication of CIS steel slab, flat steel and wire rod assessments
The publication of Fastmarkets’ CIS steel slab, wire rod, hot-rolled and cold-rolled coil assessments was postponed by one day due to a public holiday in Ukraine on Monday July 15.
July 17, 2024
·
By Marina Shulga
Insights
US steel industry urges further support for Leveling the Playing Field 2.0 Act
US steel producers, pipe and tube manufacturers, trade organizations and union workers gathered at Capitol Hill in Washington DC to meet with lawmakers on Wednesday July 10, urging action on legislation aimed at bolstering US trade remedy laws to curb “unfair trade practices.”
July 12, 2024
·
By Alesha Alkaff
Insights
Biden imposes ‘melt and pour’ requirement for Mexican steel, aluminium imports
The US government will impose tariffs on steel and aluminium shipped from Mexico that were made elsewhere, in a bid to curb trans-shipment and excess production, the White House said in a statement on Wednesday July 10, a move widely applauded by the pair of metals industries
July 11, 2024
·
By Yasemin Esmen, Alesha Alkaff
Insights
Fresh proposal to amend Iranian billet, slab price assessments
After an extended consultation, Fastmarkets is launching a new proposal to amend specifications of its MB-STE-0782 steel billet export, fob ports Iran and MB-STE-0781 steel slab export, fob ports Iran assessments.
July 4, 2024
·
Insights
US scrap trends outlook: July 2024
Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our July survey
July 4, 2024
·
By the Fastmarkets team
Insights
Automotive sector benefitted from USMCA amid pivot toward zero-emission, hybrid vehicles: USTR
The United States-Mexico-Canada Agreement (USMCA) has positively affected the automotive sector in the four years since its implementation and automakers are increasingly investing in zero-emission and hybrid vehicles, according to the US Trade Representative (USTR)
July 3, 2024
·
By Alesha Alkaff
Insights
Steel receives little love in cringe-filled US presidential debate
Steel received scant attention in the US presidential debate held on Thursday June 27 between incumbent President Joe Biden and challenger former President Donald Trump.
July 1, 2024
·
By Alesha Alkaff, Rijuta Dey, Daniel Hilliard
Insights
Using low-carbon steel demand to push steel mills’ decarbonization moves: IIO 2024
A low-carbon world will still need steel that can satisfy the diverse demands of a variety of downstream sectors, Frederik Leus, of ArcelorMittal’s Xcarb Business Development section, said in an address to Fastmarkets’ International Iron Ore and Green Steel Summit, being held in Vienna, Austria, on June 25
June 26, 2024
·
By Alice Li
Insights
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