Understanding the cost of decarbonization and its impact on steel prices and raw material costs

Steelmakers in the United States and the United Steelworkers (USW) union warned that a potential US accord with the European Union to end the dispute resulting from the former President Donald Trump administration’s Section 232 steel and aluminium tariffs could boost imports from Europe and hurt the domestic industry.

China’s soybean imports in August fell slightly from the same month a year earlier, as poor domestic crush margins weighed…

Poor demand in key import markets in Turkey and Asia continued to pull steel scrap prices downward in the week ended Friday September 3. High freight costs and a lack of container ships also damped spot trading liquidity.

The destruction brought about by Hurricane Ida’s landfall on New Orleans and the US Gulf has brought about industry uncertainty…

Is green becoming the new black in US steel industry boardrooms?

Will US automakers pay the price for green steel?

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

Indonesia’s plan to implement a 40% biodiesel blending (B40) mandate is likely to face further delays due to high palm oil…

The global markets for containerized freight have entered even deeper water in recent weeks, with closures at the key port of Ningbo-Zhoushan in China leading to worsening cargo delays, port congestion and a further cutback in free days.