China set a higher target for automobile sales in 2025 compared with a year earlier, with the country aiming to keep the upward momentum in 2026, according to a notice published by the Ministry of Industry and Information Technology (MIIT) on Friday September 12.

Boston Metal is pioneering carbon-free steel production through its molten-oxide electrolysis technology, securing key partnerships and demonstrating industrial milestones in Brazil, Finland and the US. The company’s progress in anode durability and scalability positions it at the forefront of green steel innovation.

Given the prevailing specifications of mid-grade iron ore fines and mid-grade Australia lump in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore lump over the spot price of 61% Fe iron ore fines in the CFR Qingdao spot market, aligning with […]

The publication of Fastmarkets’ MB-STE-0923 Flat steel reduced carbon emissions, daily inferred, exw China, yuan/tonne assessment for September 11 was delayed because of a procedural lapse. Fastmarkets’ pricing database has been updated. The publication of the affected price was delayed for around three hours. The following price was published late: MB-STE-0923 Flat steel reduced carbon emissions, […]

Fastmarkets has corrected the rationale for its MB-STE-0184 steel hot-rolled coil index, fob mill US Midwest, which was published incorrectly on Tuesday September 2 due to the inclusion of an incorrect date. The rationale for MB-STE-0184 steel hot-rolled coil index, fob mill US Midwest, had erroneously stated that the index was calculated at $41.50 per cwt on […]

Recycling metal is taking on an ever-larger role at the heart of Saudi Arabia's rapid industrial transformation, recycling giant Al Qaryan Group's Ferrous Commercial Director Ahmed Khadr told Fastmarkets in an exclusive interview in August.

ArcelorMittal Long Products Canada filed a $2.77 million claim in federal court in Peoria, Illinois against Liberty Steel & Wire Monday August 25 for unpaid purchases of billet shipped to Liberty’s Georgetown, South Carolina facility from September 2023 to the plant’s closing in April 2024.

Vietnam and Brazil were the most impacted by the US Department of Commerce’s final affirmative determination in the anti-dumping duty (AD) and countervailing duty (CVD) investigations of corrosion-resistant steel products (CORE) from ten countries.

The publication of two inferred prices for Monday August 25 were delayed because of procedural errors.

The publication of Fastmarkets’ European heavy plate price assessments was delayed by 51 minutes. The prices impacted by the delayed publication were the following: MB-STE-0034 Steel domestic plate 8-40mm, exw Northern Europe, €/tonne MB-STE-0035 Steel domestic plate 8-40mm, exw Southern Europe, €/tonne MB-STE-0049 Steel plate (8-40mm) import, cfr main port Northern Europe, €/tonne MB-STE-0050 Steel plate (8-40mm) import, cfr […]