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Energy key to green steel targets: steel leaders
Steel industry leaders in the United States announced at a press conference on Tuesday, May 17, that renewable energy sources hold the key to bringing already-green electric-arc furnaces (EAFs) to carbon neutrality
May 26, 2022
·
By Abby Verret
Insights
Nucor investing in sustainable energy to reduce emissions
Nucor is targeting new sustainable energy sources - including wind, solar and nuclear - to help reduce its greenhouse gas (GHG) emissions and meet its sustainability goals, chairman and chief executive officer Leon Topalian stated during the company’s investor conference call on Thursday, April 21
May 26, 2022
·
By Robert England
Insights
Global crude steel production falls 5.1% in April, Worldsteel says
Global crude steel output fell by 5.1% year on year to 162.7 million tonnes in April, the World Steel Association (Worldsteel) said on Tuesday May 24
May 26, 2022
·
By Elina Virchenko
Insights
Quick-thinking Chinese traders prosper in volatile steel semis markets
Some Chinese trading firms have been quick to react and to find opportunities in this year’s increasingly volatile markets for semi-finished steel products, sources said during last week’s Fastmarkets Singapore Steel Forum
May 26, 2022
·
By Lee Allen
Insights
Will formalizing artisanal mining ensure sustainable cobalt supply from the Democratic Republic of Congo?
DRC minister, Julien Paluku Kahongya, says regulation of artisanal mining is the way forward to ensure sustainable and ethical cobalt production for the battery raw materials market
May 25, 2022
·
By the Fastmarkets team
Insights
US imported steel plate consult result
Following a consultation period and market feedback, Fastmarkets will not discontinue its biweekly imported steel plate price assessment.
May 24, 2022
·
By Rijuta Dey
Insights
Chinese alumina exports to Russia surge in April
China’s alumina exports to Russia surged in April amid stronger demand from the latter due to international trade sanctions imposed on it following its invasion of Ukraine
May 24, 2022
·
By Yiwen Ju
Insights
Brazil lowers import duties by another 10%; steel cut to 9.6%, aluminium to 4.8%
Brazilian foreign trade chamber Camex has decided to cut import duties by an additional 10% until the end of 2023 after having already reduced tariffs by 10% in November 2021, according to a document published in the country’s official gazette on Tuesday May 24
May 24, 2022
·
By Renato Rostás
Insights
Europe imposes provisional anti-dumping duties on electrolytic chromium coated steel from China, Brazil
Europe has imposed provisional anti-dumping duties on imports of electrolytic chromium coated steel (ECCS) products from China and Brazil
May 24, 2022
·
By Elina Virchenko
Insights
Resumed pricing for Russia/Ukraine pig iron
Fastmarkets has ended a temporary pricing suspension on US pig iron basic grade, Ukraine/Russia, fob New Orleans, effective Monday May 23, following confirmation of recent sales.
May 23, 2022
·
By Sean Barry
Insights
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