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

Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our August survey

Fastmarkets proposes to launch a monthly price assessment for steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE, $/tonne.

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

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

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

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 […]

Fastmarkets proposes to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China.

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.

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.