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.

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

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)

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.

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

The decline in crude steel output in the first five months of 2024 dragged down Chinese ferro-alloys markets, including ferro-silicon and silico-manganese, sources told Fastmarkets on June 21

Chinese domestic authorities are in discussions to implement tighter targets on crude steel production across the country, in a bid to reduce energy consumption and carbon emissions, Fastmarkets understands

Declining steel prices will likely dent US mills’ earnings across the board for the second quarter, Fastmarkets has learned from recent company guidance releases

The June construction startup of a new steel plant in Deacero's complex in Ramos Arizpe, in the northeastern Mexican state of Coahuila, will position the company to meet future demand for lower-carbon steel nationally and abroad, a Fastmarkets analyst said on Monday June 17

Extreme weather phenomenon, including catastrophic hurricanes, is driving increasing adoption of metal roofing and therefore Galvalume, market participants said during a trade show in Florida