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ResponsibleSteel debuts new global steel sustainability standard
ResponsibleSteel, a third-party provider of sustainability standards and certifications, has launched a new global standard for the steel industry with a focus on responsible sourcing
September 15, 2022
·
By Rijuta Dey
Insights
Proposal to amend frequency of cfr China steel billet import price assessment
Fastmarkets proposes to amend the frequency of its price assessment for steel billet, import, cfr China, $/tonne to once per week in response to low liquidity.
September 13, 2022
·
By Lee Allen
Insights
European energy woes unlikely to significantly boost US steel exports
Rising energy costs and shrinking steel production in the European Union have some steel producers in the United States considering the possibility of increased exports to the EU this winter
September 9, 2022
·
By Mark Burgess
Insights
Metals companies call on EU leaders for emergency action on energy prices
The heads of 40 metals companies and a number of industry associations have called on European Union leaders to take emergency action to temporarily reduce gas prices in order to alleviate costs and help continued production at their sites
September 7, 2022
·
By Andrea Hotter
Insights
Six months of war: How has it changed the global steel market?
August 24 marked six months since the beginning of Russia’s unprovoked invasion of Ukraine on February 24
September 5, 2022
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By Lee Allen, Julia Bolotova, Vlada Novokreshchenova, Serife Durmus, Marina Shulga
Insights
Steel prices unlikely to rally significantly in near term: analysts
Steel prices in the United States are unlikely to return to last year's highs over the next year due to incoming steel capacity and falling raw materials prices, which could affect steel mills’ profitability, analysts told Fastmarkets
September 2, 2022
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By Alesha Alkaff
Insights
LME will delist brands which do not comply with responsible sourcing policy
The London Metal Exchange will delist brands that do not comply with its responsible sourcing policy, it announced on Thursday, September 1.
September 1, 2022
·
Insights
CMC launches RebarZero; supports end-user green goals
Commercial Metals Co (CMC) is launching RebarZero, a line of net-zero greenhouse gas emissions rebar products, the company announced on Tuesday August 30
August 31, 2022
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By Abby Verret
Insights
China’s steel industry enters a new era after six years of prosperity
After six years of prosperity, China’s steel industry has entered a new era with excessive supply and declining demand, and where it is overly financialized, according to Han Weidong, vice president of leading Chinese steel pipe maker Youfa Group
August 30, 2022
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By Olivia Zhang
Insights
Proposal to discontinue converted price assessments
Fastmarkets proposes to discontinue converted price assessments for the following markets:
August 30, 2022
·
By Barbara O'Donovan
Insights
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