ArcelorMittal officially opened on Wednesday November 13 the expansion of its galvanizing line at the Vega unit, in southern Brazil, aiming to increase the supply of higher value-added materials in the country amid an expectation of reduced imports, executives said.

Fastmarkets proposes to discontinue its MB-STE-0423 Steel scrap shredded, index, delivered Midwest mill, $/gross ton; its MB-STE-0424 Steel scrap No1 heavy melt, index, delivered Midwest mill, $/gross ton and its MB-STE-0882 Steel scrap No1 busheling, indicator, delivered Midwest mill, $/gross ton, effective January 2025.

Our insightful webinar on the recovered paper (RCP) industry in North America includes insights on changing dynamics between producers and developments among suppliers, as well as expert analysis on how these are impacting the market more widely. For those who missed it, here's a breakdown of the key takeaways.

South America, the main supplier of soybean oil to global markets, has been undergoing profound changes in recent years. The trends we are seeing in two main markets, Argentina – the world’s largest exporter of soybean oil – and Brazil, the world’s largest producer of soybeans, will shape global trade dynamics in the coming years. […]

It was already getting more difficult to source nickel qualified as compliant to the Inflation Reduction Act (IRA). Under a future Donald Trump administration, it’s likely to get harder still, in the short-term at least.

India should invest to avoid its dependance on imports for almost 100% of its cobalt, lithium and nickel requirements, according to a report by the think tank Institute for Energy Economics and Financial Analysis (IEEFA). But slow government action and a focus on short-term costs keep India reliant on imported critical minerals, sources told Fastmarkets.

A California federal jury has issued a $110 million anti-trust verdict against Commercial Metals Company on November 5, finding the Texas-based rebar producer liable for multiple anti-trust violations, while awarding Pacific Steel Group (PSG) millions of dollars due to lost profits and additional damages.

Explore how used cooking oil is gaining traction in the renewable fuels industry and the credit mechanisms available to producers

Steelmakers that lag behind in decarbonization will be first to be phased out after green steel capacity rises to meet future demand, a senior advisor from a major Chinese steel company told delegates at the China Steel Industry Summit for 2025.

Fastmarkets proposes to launch Mexico domestic CRB and import SBS boxboard from the US assessments. Fastmarkets proposes to launch two price assessments for (1) Cartonboard/Boxboard, coated recycled folding boxboard, domestic CRB kraft/grey back, 320-325 g/m2 or 16-pt, delivered, Mexico, Peso/tonne and (2) for Cartonboard/Boxboard, US export solid bleached sulfate board (SBS) 16-pt folding carton, C1S, fob, […]