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    • US steel industry well-equipped to meet demand surge from Inflation Reduction Act, CHIPS Act: sources
      The steel industry is well-equipped to meet the demand generated by the Inflation Reduction Act (IRA) and the CHIPS and Science Act (CHIPS Act), experts told Fastmarkets on the one-year anniversary of the legislations
      August 16, 2023
       · 
      By Alesha Alkaff
      Insights
    • US electrical steel demand to outpace supply: Kloeckner CEO
      The demand for electrical steel in the US will outpace the supply of the material, which is currently facing a shortage due to a lack of domestic producers of the value-added steel, the top executive of Kloeckner Metals Corporation (KMC) told Fastmarkets
      August 9, 2023
       · 
      By Alesha Alkaff
      Insights
    • GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide
      The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon,” just as the US government, ready with billions of infrastructure spending to deploy, is deciding exactly what “low carbon” means
      August 9, 2023
       · 
      By Jason Smith
      Insights
    • European green steel premiums little changed; deals remain sporadic
      European green steel premiums were little changed in the past week, with demand remaining slow because original equipment manufacturers (OEMs) feel no pressure to “go green” yet, sources told Fastmarkets on Thursday August 3
      August 4, 2023
       · 
      By Julia Bolotova
      Insights
    • China’s new stimulus gets tepid response from steel sector
      China's latest consumption-focused stimulus attempts to drive downstream demand for steel products, but reception in the steelmaking industry has been lukewarm, sources in China told Fastmarkets
      August 3, 2023
       · 
      By the Fastmarkets team, Jessica Zong, Alice Li, Norman Fong, Jessica Long
      Insights
    • Uncertainty over China’s crude steel production cuts further depress iron ore prices
      Seaborne iron ore prices fell further on Friday, July 28 due to more concerns for crude steel production cuts in China
      July 31, 2023
       · 
      By Alice Li
      Insights
    • Spotlight on sulfate: More focus on manganese sulfate pricing on battery sector growth
      Much of the focus in the manganese sulfate market is now on the development of a supply chain outside of China, Fastmarkets understands
      July 26, 2023
       · 
      By Callum Perry
      Insights
    • Japan’s steel decarbonization drive forecast to slash scrap exports, raise imports
      Dramatic changes are expected in the Japanese steel industry in the run-up to 2030, with exports of ferrous scrap expected to fall and local use of the material to soar amid the transition away from traditional blast furnace (BF) technology toward greater electric-arc furnace (EAF) capacity
      July 25, 2023
       · 
      By Lee Allen
      Insights
    • 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
       · 
      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
       · 
      By Julia Bolotova
      Insights
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