The landscape surrounding the steel markets is set to shift in 2024, but will some things really change? We explore three potential twists that could reshape the steel market, alongside three things that probably won't budge

While navigating the Asian steel markets in 2024, market participants will come up against both supply chain bright spots and demand uncertainty characterized by a sluggish Chinese property sector and green steel pressures

The steel industry has long been a symbol of global economic might. But as we peer into 2024, the landscape appears more nuanced than ever

China’s State Council has set a two-year action plan for cleaner air, and the comprehensive strategy to improve air quality will affect all key economic sectors, market sources told Fastmarkets

Decarbonization of the steel industry in Asia is set to accelerate, with steelmakers pressed to export more amid weak local demand and oversupply, necessitating the increase of low-carbon steel supply

The publication of Fastmarkets’ CFR Manila billet price was delayed on Tuesday December 19 due to a technical error.

Japanese steelmaker Nippon Steel Corporation will acquire US Steel for $14.9 billion in the second or third quarter of 2024, the company said on Monday December 18

What’s the market sentiment for December? Read on for a summary of the results of our US ferrous scrap market survey for December, or click here to download your copy of the full US Scrap Trends Outlook for December 2023. The US ferrous scrap market is hotting up in winter months Significantly depressed scrap flows […]

As the world’s second-largest iron ore exporter, Brazil is expected to play a key role in helping the global steel industry slash carbon dioxide (CO2) emissions; Brazilian companies are already taking action to mitigate greenhouse gas (GHG) protocol Scope 3 emissions – those encompassing the entire value chain

The MENA region is already well equipped to produce cheap, green hydrogen because of its extensive solar resources, but the fact that its steel industry is mainly focused on the use of direct-reduced iron (DRI) modules and electric-arc furnaces puts it in a unique position in terms of producing the low-carbon steel that is becoming […]