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Energy prices remain dominant in ferro-chrome markets; reasons to be cheerful on the horizon
Rising power costs have continued to dominate headlines as 2022 begins, following a year in which they were a running theme, especially for energy-intensive industries such as ferro-alloy production
January 24, 2022
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By Claire Patel-Campbell
Insights
Further extension of consultation period for launch of Pakistan import HMS price assessment
After assessing further market feedback, Fastmarkets is again extending the consultation period for its proposal to launch a weekly Pakistan import HMS-grade steel scrap price assessment
January 21, 2022
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By Ross Yeo
Insights
Talks bring no respite as Russia-Ukraine tensions simmer
High-level talks between Russia, the US and military bloc NATO wrap after strong warnings of military actions in the Black Sea
January 21, 2022
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By Timothy Worledge, Anna Platonova
Insights
Electra signs battery recycling, cobalt sulfate supply deal with Marubeni
Electra Battery Materials Corp has signed a battery recycling and cobalt sulfate supply agreement with Japanese conglomerate Marubeni Corp, the Canada-based company said
January 20, 2022
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By Andrea Hotter
Insights
Metinvest aiming to cut carbon emissions by 40% by 2040 – reports
Ukraine’s largest national steelmaker, Metinvest, plans to cut its greenhouse gas emissions by 15% by 2030, and by 40% by 2040, according to media reports
January 20, 2022
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By Marina Shulga
Insights
How has the pandemic changed the prospects for the tissue industry?
Four key points to watch in the market post-pandemic
January 20, 2022
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By Esko Uutela
Insights
US, UK initiate Section 232 talks
The United States and the United Kingdom have initiated bilateral talks to hash out the future of Section 232 tariffs on steel and aluminium imports into the US, and retaliatory UK tariffs on certain US exports. US Commerce Secretary Gina Raimondo, US Trade Representative Katherine Tai and UK Secretary of State for International Trade Anne-Marie […]
January 20, 2022
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By Rijuta Dey
Insights
Posco-Adani steel project could add to India’s oversupply, sources say
Posco and the Adani Group’s recently announced steel project will likely add to the steel oversupply in India until demand picks up sufficiently to consume the surplus volumes, market sources told Fastmarkets this week. “While steel demand in India is expected to increase until 250 million tonnes per year eventually, it really depends on whether […]
January 20, 2022
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By Paul Lim
Insights
ArcelorMittal to invest $26 mln on Krakow CR mill upgrade
ArcelorMittal plans to ramp-up production at its cold-rolling steel mill in Krakow, Poland, until the end of this year, the company said this week. The company announced an investment program worth 105 million zloty ($26.4 million) for its CR mill in Krakow, which has capacity for 1 million tonnes per year. “As part of the […]
January 20, 2022
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By Julia Bolotova
Insights
Fastmarkets and SGX to launch battery metals contracts to meet EV growth
The suite of commodities contracts will include cobalt metal, cobalt hydroxide, lithium carbonate and lithium hydroxide
January 20, 2022
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Insights
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