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Sliding US steel scrap prices undercut Japan’s offers in key Asian markets
Prices for United States-origin steel scrap were easily undercutting those for Japan-origin material in the markets of Taiwan and Vietnam this week, market sources told Fastmarkets on Wednesday May 4
May 4, 2022
·
By Lee Allen
Insights
Broken trade flows
Steel scrap outlook: Where will the US steel market get its prime scrap?
May 3, 2022
·
By Grace Asenov, Kimberly Leppold
Insights
Where will the US steel market get its prime scrap?
Broken trade flows, inflated steel prices and the pull of decarbonization targets are changing the way US steelmakers think, plan and run their day-to-day operations. Is the US steel scrap industry coming to an end of globalization and entering a new era of domestic sovereignty?
May 3, 2022
·
By Grace Asenov, Kimberly Leppold
Insights
Tenaris sees opportunity in ‘changed’ world
A shifting world energy landscape has sparked thoughts of sustainable improvement in the oil country tubular goods and line pipe marketplace, Tenaris chairman and chief executive officer Paolo Rocca said during an earnings call on Thursday April 28
April 28, 2022
·
By Mark Burgess
Insights
Vale, Nippon Steel agree to explore steel decarbonization solutions
Brazil-based iron ore producer Vale and Japanese steelmaker Nippon Steel have signed a memorandum of understanding (MoU) to seek decarbonization solutions for the industry, the Brazilian company said on Tuesday April 26
April 26, 2022
·
By Renato Rostás
Insights
Nucor investing in energy to reduce emissions [update]
Nucor is targeting new 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
April 26, 2022
·
By Robert England
Insights
Steel world sees new pricing mechanisms spring up amid Ukraine-Russia war
New trade settlement methods that are emerging in spot steel transactions against the backdrop of the worsening Ukraine-Russia war may indicate a lasting shift in the global steel marketplace, market sources told Fastmarkets recently
April 21, 2022
·
By Paul Lim
Insights
Russia could ship more coking coal to China, India amid mounting sanctions
Russia will likely ship more coking coal to India and China amid mounting sanctions levied by countries around the world for its war in Ukraine, market sources told Fastmarkets recently.
April 18, 2022
·
By Min Li
Insights
Federal infrastructure projects require US steel
Federally funded infrastructure projects in the United States may only use steel that is melted and poured in the US, the Office of Management and Budget for the Biden administration said in a statement on Monday April 18
April 18, 2022
·
By Lisa Gordon
Insights
Indian mills roll back HRC export prices to stay competitive in international market
European buyers have rejected Indian hot rolled coil export offers even while mills have sharply rolled back their prices.
April 14, 2022
·
By Suresh Nair
Insights
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