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Correction to daily US hot-rolled coil index
Fastmarkets has corrected its daily steel hot-rolled coil index, fob mill US, which was published incorrectly on Wednesday March 25 due to an editorial error.
May 27, 2022
·
By Grace Asenov
Insights
7 things we learned at Fastmarkets’ Singapore Steel Forum
The 2022 Singapore Steel Forum, located in the plush surroundings of the iconic Marina Bay Sands hotel, provided the ideal setting for market participants to discuss the hottest steel topics of the day last week
May 27, 2022
·
By Lee Allen, Paul Lim
Insights
US ferrous scrap export mart quiet; further price drops feared
No new ferrous scrap export sales from the US East Coast to Turkey have been reported since prices fell sharply in a cargo booked in mid-May, but more price drops could be on the horizon, Fastmarkets understands
May 26, 2022
·
By Arthur Robert
Insights
Recovery in steel demand boosts Turkish deep-sea scrap imports
Turkish steel mills resumed their deep-sea steel scrap bookings after a recovery in steel sales in the country's domestic and export markets, sources said on Thursday May 26
May 26, 2022
·
By Cem Turken
Insights
US Steel Scrap May 2022 Analysis
US domestic obsolete scrap prices have continued to be firm on a historical basis but fell below our expectations this month. And the differential between shredded and HMS scrap remains at its widest on record
May 26, 2022
·
By Alexander Kershaw
Insights
Nucor investing in sustainable energy to reduce emissions
Nucor is targeting new sustainable energy sources - including wind, solar and nuclear - to help reduce its greenhouse gas (GHG) emissions and meet its sustainability goals, chairman and chief executive officer Leon Topalian stated during the company’s investor conference call on Thursday, April 21
May 26, 2022
·
By Robert England
Insights
Global crude steel production falls 5.1% in April, Worldsteel says
Global crude steel output fell by 5.1% year on year to 162.7 million tonnes in April, the World Steel Association (Worldsteel) said on Tuesday May 24
May 26, 2022
·
By Elina Virchenko
Insights
Quick-thinking Chinese traders prosper in volatile steel semis markets
Some Chinese trading firms have been quick to react and to find opportunities in this year’s increasingly volatile markets for semi-finished steel products, sources said during last week’s Fastmarkets Singapore Steel Forum
May 26, 2022
·
By Lee Allen
Insights
Brazil lowers import duties by another 10%; steel cut to 9.6%, aluminium to 4.8%
Brazilian foreign trade chamber Camex has decided to cut import duties by an additional 10% until the end of 2023 after having already reduced tariffs by 10% in November 2021, according to a document published in the country’s official gazette on Tuesday May 24
May 24, 2022
·
By Renato Rostás
Insights
Europe imposes provisional anti-dumping duties on electrolytic chromium coated steel from China, Brazil
Europe has imposed provisional anti-dumping duties on imports of electrolytic chromium coated steel (ECCS) products from China and Brazil
May 24, 2022
·
By Elina Virchenko
Insights
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