Will US automakers pay the price for green steel?

Recent news on Vietnam's potential lifting of import taxes for US agricultural goods including wheat and corn has prompted...

Prices for shredded steel scrap into Pakistan and India have decreased in the week to Friday August 27, sources told Fastmarkets.

Producers actions to reduce losses raise raw material costs, the market now braces for Q4 hikes

Turkish steelmakers skipped the first working day of the week with no deep-sea scrap trades, sources told Fastmarkets on Monday August 23.

Key data from Fastmarkets’ pricing sessions in Europe, China and the United States on Friday August 20.

Aluminium premiums in Japan dropped by an average of $2.50 per tonne to $175-190 per tonne on Friday August 13, from $180-190 per tonne on August 10, with low buying interest weakening demand in recent weeks.

In Latin America, higher public spending in 2020 due to Covid-19 and higher global commodity prices in 2021 are driving up prices while unemployment levels remain high and purchasing power stagnates.

Box demand and low supply drive all RCP prices higher for third month in a row.

Steelmakers in the United States are poised to benefit as countries race to meet pledges to reach net-zero carbon dioxide (CO2) emissions, according to the director of the US Department of Energy’s National Energy Technology Laboratory (NETL).