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US scrap trends outlook: June 2024
Here are the four key takeaways from the US scrap market participants of our June survey
June 5, 2024
·
By the Fastmarkets team
Insights
US construction slowed by difficulties to source electrical steel amid lack of investment
US construction contractors – including for residential, commercial and manufacturing facilities – have reported long delays and unpredictability in obtaining electrical transformers. This is due to inadequate electrical steel supplies amid missing investment decisions in the US to expand production of the material
June 5, 2024
·
By Renzo Pipoli
Insights
The green steel race against time is on
Fastmarkets forecasts that global steel production will grow at an average annual rate of 1.4% through the end of the decade so ‘green’ steel production methods need to keep pace
June 5, 2024
·
By Miriam Falk
Insights
Amendment to Italy steel slab import price assessment
After a one-month consultation, Fastmarkets confirms an amendment of its price assessment for MB-STE-0896 steel slab, import, cif Italy.
May 30, 2024
·
By Vlada Novokreshchenova
Insights
Major Indian steel conglomerates to raise scrap intake amid decarbonization push
The push toward decarbonization will dramatically increase the demand for ferrous scrap materials among major Indian steel producers in the coming years, Zain Nathani, vice president of the Material Recycling Association of India (MRAI), has said in a Fastmarkets webinar
May 30, 2024
·
By Lee Allen, Aameer Sayed
Insights
Goodbye to a ferro-chrome institution: Fastmarkets looks back on ferro-chrome benchmark’s storied past
The death knell sounded on Monday May 20 for the quarterly European ferro-chrome benchmark, bringing with it the end of a long-running, divisive, often disputed, yet highly influential and important pricing mechanism
May 24, 2024
·
By Claire Patel-Campbell, Janie Davies
Insights
Amendment to export steel assessments, billet index from Black Sea
Fastmarkets confirms the amendment of five of its steel products assessments and steel billet index originated from the Black Sea.
May 22, 2024
·
By Marina Shulga, Vlada Novokreshchenova
Insights
Fastmarkets ready for US green steel acceleration with much-needed HRC assessments
Read more about how Fastmarkets will provide much-needed price assessments for green steel
May 22, 2024
·
By Yolande Peters
Insights
Clean, lean US steel sector hunts for green steel premium
The US steel industry’s preponderance of electric-arc furnace (EAF) capacity may be a double-edged sword when it comes to collecting green steel premiums, market sources have told Fastmarkets
May 21, 2024
·
By Daniel Hilliard
Insights
Proposal to amend UAE, Saudi Arabia HRC, CRC import price assessments
Fastmarkets proposes to amend the payment terms and quantities of three hot- and cold-rolled coil import price assessments for the United Arab Emirates and Saudi Arabia.
May 20, 2024
·
By Serife Durmus
Insights
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