Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia

Fastmarkets proposes to discontinue its price assessments for MB-STE-0561 steel ERW line pipe (X65), fob mill US, $/short ton; MB-STE-0873 steel ERW line pipe (X70), fob mill US, $/short ton; MB-STE-0852 steel welded LSAW line pipe API 5L X65 US $/tonne; MB-STE-0853 steel welded HSAW line pipe API 5L X65 US $/tonne; MB-STE-0022 steel ERW standard pipe A53 Grade A, fob mill US, $/short ton and MB-STE-0056 steel ERW standard pipe A53 Grade A import, cif Houston, $/short ton.

The Singapore Exchange’s (SGX) 65% Fe iron ore derivatives contract – which is settled against Fastmarkets’ daily index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao – set a new record for traded volumes at 1.22 million tonnes in a single day, according to SGX published data on Thursday August 8

Suppliers from the Middle East & North Africa (MENA) widely expect to gain market share in the European flat steel market in the coming years as a result of the EU's Carbon Border Adjustment Mechanism (CBAM) and an anti-dumping probe again Asian suppliers, sources told Fastmarkets on Thursday August 8.

The Brazilian steel industry called for trade defense measures and integrated action in Latin America to try to contain the advancement of Chinese-origin material before moving on to more complex projects such as decarbonization, key industry market participants said at the 2024 Brazilian Steel Conference

After a month-long consultation period, which ended on Wednesday July 31, Fastmarkets has amended the publication frequency of its MB-AL-0343 Aluminium P1020A MJP spot premium, cif Japan, from twice weekly to daily.

Amid the rising focus on environmental, social and governance (ESG) performance, the Australian mining industry faces a conundrum: maintain production at competitive levels or promote rigorous ESG standards

In July, low-grade consumption remained muted across key regions with the three main sectors, while the pallet market struggled with low prices and a surplus of recycled pallets.

Prices for pulp imports into China plummeted this week, following a two-month negotiation stalemate between international suppliers and Chinese buyers.

The green revolution is creating a surge in demand for electrical steel, a key component in both electric vehicles (EVs) and new home appliances