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    • Decrease in frequency of Fastmarkets’ cfr China steel billet price
      After a consultation period, Fastmarkets is decreasing the frequency of its cfr China steel billet price assessment to once per week, from twice per week, from Tuesday October 18
      October 19, 2022
       · 
      By Lee Allen
      Insights
    • UG2/MG chrome ore prices experience sharpest decline since Sept 2021
      UG2/MG chrome ore prices experienced major declines in the week to Tuesday July 12, dropping by $15 per tonne week on week, as the market saw the beginnings of a break in the continuing stalemate of recent weeks
      August 9, 2022
       · 
      By Sybil Pan, Claire Patel-Campbell
      Insights
    • BMW to use green steel from China’s HBIS for car production
      BMW Group will start to use low-carbon steel from Chinese steelmaker HBIS Group in vehicle production at its plants in China from mid-2023, the German carmaking giant said on Thursday August 4
      August 5, 2022
       · 
      By Zihuan Pan
      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
       · 
      By Jessica Zong
      Insights
    • Limited demand continues to pull high-grade iron ore prices down
      Seaborne iron ore concentrate and pellet prices fell during the week to Friday July 15 amid limited demand from steelmakers, market sources said
      July 18, 2022
       · 
      By Alex Theo
      Insights
    • China could increase bulk steel scrap buying in future if UK cargo passes customs: sources
      The prospects for large volume trades in China’s import steel scrap market could hinge on whether a large United Kingdom-origin bulk cargo successfully passes Chinese customs checks later this year, sources told Fastmarkets
      July 11, 2022
       · 
      By Lee Allen, Olivia Zhang
      Insights
    • Shagang cuts another $7 per tonne off steel scrap procurement price
      Shagang Group, China's largest privately-owned steel producer in Jiangsu province, East China, has announced a 50 yuan ($7) per tonne cut to its scrap procurement prices due to lower steel scrap consumption by domestic steel mills amid thin profits or even losses, market sources said
      July 6, 2022
       · 
      By Olivia Zhang
      Insights
    • Industrial wind turbine on the sky background
      Steel industry well-positioned to benefit from global renewable energy push
      With the world paying more attention to renewable power and decarbonization, huge investments have been put into grid infrastructure and technology
      June 29, 2022
       · 
      By Tianran Zhao
      Insights
    • What is the state of China’s fiber balance and how will that impact global fiber markets?
      Hannah Zhao, director of fiber, explores how China's plans to restrict recovered paper imports have reshaped global fiber markets
      June 21, 2022
       · 
      By Hannah Zhao
      Insights
    • Chinese HRC prices dip after demand concerns negate support from Indian export duties
      China’s hot-rolled coil prices dipped on Monday May 23, with market sentiment subdued by persistent concerns over demand
      May 23, 2022
       · 
      By Zihuan Pan
      Insights
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