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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
·
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
UK to provide £13.5 mln to support supply chain while Tata Steel transitions to green steelmaking at Port Talbot
The UK is to provide funding of £13.5 million ($17.3 million), to support supply chain businesses and workers affected by Tata Steel’s decarbonization plans for its Port Talbot steelworks in south Wales, the British government said on Thursday August 15
August 15, 2024
·
By Darina Kahramanova
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
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By Julia Bolotova, Serife Durmus, the Fastmarkets team
Insights
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
·
By Paul Lim
Insights
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