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Fastmarkets launches new European prime scrap price forecasts amid decarbonization push
European scrap consuming electric arc furnace output is rising, with demand for higher grade scraps to produce flat steel expected to grow. Fastmarkets has launched prime grade scrap forecasts to capture this
June 7, 2024
·
By Alexander Kershaw
Insights
Asian scrap demand set to rise as Fastmarkets unveils new regional price forecasts
Demand for ferrous scrap in Asia has been rising, with the region becoming a leading importer of scrap globally. Fastmarkets is expanding its forecasts in the region to cover this trend
June 7, 2024
·
By Alexander Kershaw
Insights
Dry bulk freight rates drop further on surplus tonnage in Atlantic, with sluggish demand
Rates fell on major routes like Brazil-Northeast Asia and US Gulf-Northeast Asia, driven by excess tonnage in the Atlantic basin and the impact of decreasing oil prices
June 6, 2024
·
By Masha Belikova, Eduardo Tinti
Insights
Copper concentrate TCs still negative: how? And what does it mean for copper prices?
Copper concentrate treatment and refining charges have repeatedly fallen to record-low levels over the first five months of 2024
June 6, 2024
·
By Albert MacKenzie
Insights
Federal Reserve rate stagnation impacts wood products markets
The ongoing Federal Reserve rate stagnation is having a ripple effect across the wood products market and the broader economy, affecting everything from homebuying to the lumber industry
June 5, 2024
·
By Mary Hansen
Insights
US scrap trends outlook: June 2024
Here are the four key takeaways from the US scrap market participants of our June survey
June 5, 2024
·
By the Fastmarkets team
Insights
US construction slowed by difficulties to source electrical steel amid lack of investment
US construction contractors – including for residential, commercial and manufacturing facilities – have reported long delays and unpredictability in obtaining electrical transformers. This is due to inadequate electrical steel supplies amid missing investment decisions in the US to expand production of the material
June 5, 2024
·
By Renzo Pipoli
Insights
SAF production to reach 1.9 billion liters in 2024
SAF is expected to provide about 65% of the carbon mitigation required for airlines to achieve net zero by 2050
June 5, 2024
·
By Misha Simonovska
Insights
The green steel race against time is on
Fastmarkets forecasts that global steel production will grow at an average annual rate of 1.4% through the end of the decade so ‘green’ steel production methods need to keep pace
June 5, 2024
·
By Miriam Falk
Insights
Prices for rare earth magnetic materials fall on low demand
Chinese rare earth export prices moved lower over the past week, in line with falling domestic prices driven by suppliers cutting offers in response to continued weak demand from the downstream magnet sector
June 4, 2024
·
By Caroline Messecar
Insights
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