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Global steel scrap markets under pressure from weak finished steel sectors
Steel scrap prices in both Turkey and the major Asian markets were under pressure in the week to Friday July 29. Most participants in these markets were expecting more of a downtrend to come in scrap prices amid weak sales of steel products
August 1, 2022
·
By Lee Allen, Cem Turken, Tianran Zhao, Arthur Robert, Holly Chant
Insights
China’s EAF steel production to exceed 15% in 2025 for decarbonization
Electric-arc furnace (EAF) steel production is on the rise as China strives to meet decarbonization targets
August 1, 2022
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By Jessica Zong
Insights
Shanghai minor metal publication delay – pricing notice
The publication of Fastmarkets' Shanghai minor metal price assessments for Friday July 29 were delayed due to an editor error in the peer review process.
July 29, 2022
·
By Chris Kavanagh
Insights
The 5 key themes in the Latin American forest products industry in 2022
What are the main headlines dominating the Latin American market in 2022? Here's what you should know
July 29, 2022
·
Insights
European steel hollow sections prices stable, HRC feedstock costs edge up
Prices for steel hollow sections in Northern and Southern Europe were flat in the week ended Wednesday July 27 amid minimal market activity
July 28, 2022
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By Holly Chant
Insights
Proposal to launch Chinese domestic battery-grade manganese sulfate price
Fastmarkets is proposing to launch a manganese sulfate 32% Mn min, battery grade, ex-works mainland China price assessment to track market dynamics of this new energy raw material
July 28, 2022
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By Ruby Liu
Insights
Thin buying, volatile markets keep iron ore prices moves rangebound
Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets
July 27, 2022
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By Alex Theo
Insights
‘Trying to understand what will happen in Q3 is our biggest challenge yet’: Norsk Hydro
The European aluminium market will face further uncertainty over the coming months amid high energy prices, low inventories and weaker premiums, Norsk Hydro chief financial officer Pål Kildemo told Fastmarkets in an exclusive interview on Friday July 22
July 26, 2022
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By Imogen Dudman
Insights
Brazilian construction GDP to grow 3.5% in 2022, trade group says
The Brazilian construction industry chamber, CBIC, has raised its forecast for the sector’s gross domestic product (GDP) in 2022 to a 3.5% increase, from the previous 2.5% guidance, due to federal programs and renovations expected for the second half of the year, it said on Monday July 25
July 26, 2022
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By Renato Rostás
Insights
Slowing demand, high-interest rates — what lies ahead for the US HRC market?
A common theme emerged in July during the second-quarter earnings calls of major steel producers — many are highlighting their hedging strategies against deteriorating spot prices for hot-rolled coil
July 26, 2022
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By Rijuta Dey
Insights
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