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    • Pipe, mechanical tube prices continue to soften
      Prices for standard pipe and mechanical tube in the United States continued to fall in November, but market participants are hoping that a recent uptick in hot-rolled coil prices will signal an end to the downturn
      November 30, 2022
       · 
      By Mark Burgess
      Insights
    • Strips of solar panels
      Brazil’s Gerdau to invest $277mln into solar-, wind-powered steelmaking
      Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25
      November 28, 2022
       · 
      By Renato Rostás
      Insights
    • EU CBAM risks for aluminium
      Baosteel to supply green steel for Beijing Benz from 2023
      Baoshan Iron & Steel (Baosteel) will begin to supply steel made with sharply reduced carbon emissions to Beijing Benz Automotive (BBAC) from next year, the Chinese steel giant said on Tuesday November 22
      November 22, 2022
       · 
      By Zihuan Pan
      Insights
    • Steel decarbonization efforts need more alignment, experts say
      Aligning various methodologies of calculating and reporting greenhouse gas (GHG) emissions in the steelmaking process has become a challenge in the push towards decarbonization of the industry, but there’s demand for aligning it
      November 21, 2022
       · 
      By Alesha Alkaff
      Insights
    • Steelmakers call for common standard to meet emissions goals
      To achieve a decarbonized steel industry by 2050 and meet consumer demand for “green” steel products, an international group of steelmakers has urged the United States and EU to adopt a global emission standard to support the transition to low-emission steel
      November 21, 2022
       · 
      By Mark Burgess
      Insights
    • Slumping freight rates struggle to entice more containerized metal trade
      The global trade for metals shipped in containers is being constrained by weak demand despite lower freight costs and higher availability of boxes compared with earlier in the year, sources have told Fastmarkets
      November 18, 2022
       · 
      By Lee Allen, Jon Stibbs, Claire Patel-Campbell
      Insights
    • COP27 produces plans for more support for green steel, hydrogen energy transition
      Governments of countries which are responsible for half of the global gross domestic product (GDP) outlined new targets for the previously agreed Breakthrough Agenda, a 12-month action plan to accelerate the drive toward decarbonization, delegates heard on Friday November 11 at the United Nations’ COP27 climate change conference in Egypt
      November 15, 2022
       · 
      By India-Inés Levy
      Insights
    • 8 global scrap metal prices to watch
      Fastmarkets experts share a unique visual snapshot of the ever-changing global scrap markets in 8 scrap metal price charts
      November 14, 2022
       · 
      Insights
    • Premiums constrain green steel’s wider adoption
      The acceptance of green steel so far has been limited by competitive market forces, but it is likely to remain a fundamental focus in the industry, according to market participants
      November 11, 2022
       · 
      By Robert England
      Insights
    • Three reasons US steelmakers are bullish for 2023
      Executives at major flat-rolled steelmakers in the United States shared three mutual reasons for optimism about demand in 2023 during their companies’ recent earnings calls, despite the current downtrend in prices
      November 10, 2022
       · 
      By Grace Asenov
      Insights
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