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China’s anode market tilts toward synthetic graphite amid supply shake-up
The anode market has increasingly shifted focus to synthetic graphite from natural material in response to increased capacity and changing feedstock in China, which dominates the global market. And in response Fastmarkets will start to price assess petroleum needle coke and green petroleum coke on an ex-works China basis
July 24, 2023
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By the Fastmarkets team, Jon Stibbs, Sybil Pan
Insights
ArcelorMittal starts production of low carbon heavy steel plate in Spain
Leading European steelmaker ArcelorMittal has expanded its range of low carbon steel products, responding to increasing demand for carbon-reduced steel in Europe, Fastmarkets heard on Wednesday July 19
July 20, 2023
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By Julia Bolotova
Insights
Weak construction output hampers European aluminium, steel market
Slower demand for construction materials continues to weigh on Europe’s aluminium and steel market price and premiums
July 11, 2023
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By the Fastmarkets team, Julia Bolotova, Imogen Dudman, India-Inés Levy
Insights
China’s graphite electrode prices drop further and spread widens for UHP
China’s export market for graphite electrodes, high power (HP) and ultra-high power (UHP), dropped for a third consecutive fortnight on Wednesday July 5 amid slow demand and due to producers using different raw materials
July 11, 2023
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By the Fastmarkets team, Jon Stibbs, Sybil Pan
Insights
Southeast Asia’s steelmakers face long road to ‘green steel’ – GRP sustainability chief
Southeast Asia's steel industry faces a long journey to decarbonization and the shift to producing “green steel,” according to Sheren Omega, head of sustainability at one of Indonesia's leading steelmakers, Gunung Raja Paksi (GRP)
July 10, 2023
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By Jessica Zong
Insights
Decarbonization led by economic opportunity and demand, not by government regulation: panelists
The burgeoning trend of decarbonization in the steel industry has been led by the realization of economic opportunity and an increase in demand we heard at the annual Metals Service Center Institute (MSCI) and Steel Manufacturers Association (SMA) members conference held in Washington from June 21 to 23
June 29, 2023
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By Alesha Alkaff
Insights
Optimus Steel’s doubling of Texas mill capacity aimed at expanding rebar, wire rod market share
Optimus Steel’s ongoing expansion and upgrades at its Beaumont, Texas facility since 2021 will – by the time of completion in late 2024 – double its rolling capacity from 800,000 tons per year to 1.6 million tpy
June 15, 2023
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By the Fastmarkets team, Robert England, Rijuta Dey
Insights
Proposal to launch Saudi Arabia domestic rebar price
Fastmarkets proposes to launch a weekly price assessment for steel reinforcing bar (rebar) domestic, delivered Saudi Arabia.
June 13, 2023
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By Serife Durmus
Insights
Green premium for flat steel stable in first European assessment
The premium for green steel in the European domestic flat product market was stable this week, compared with prices heard in recent weeks, reflecting an emerging consensus around the value of material produced with low-emissions, Fastmarkets heard on Thursday June 8
June 12, 2023
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By the Fastmarkets team, Julia Bolotova, Ross Yeo
Insights
Advancements in green steel ‘cannot be achieved in geographical isolation’: SIFW 2023
According to a keynote speaker at the Singapore Green Steel Forum on Tuesday May 23, advancements in green steel require the collaboration of all stakeholders in all regions if they are to succeed
June 8, 2023
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By Nabilah Awang
Insights
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