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UAE set for further jump in steel scrap intake with AGSI capacity boost
The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand
December 5, 2023
·
By Lee Allen
Insights
MENA region has potential to become leading ‘green steel’ hub
The MENA region is already well equipped to produce cheap, green hydrogen because of its extensive solar resources, but the fact that its steel industry is mainly focused on the use of direct-reduced iron (DRI) modules and electric-arc furnaces puts it in a unique position in terms of producing the low-carbon steel that is becoming […]
November 17, 2023
·
By Julia Bolotova, Serife Durmus
Insights
Middle Eastern packaging producer gains visibility on new markets and competitors
MEPCO are a Middle Eastern packaging producer, with a production capacity of half a million tons of containerboard. We outline how they use Fastmarkets' global insights to grow their business.
August 2, 2023
·
By the Fastmarkets team
Insights
Mitsui’s move into green metallics sets tone for steel’s future in Middle East
Mitsui and Kobe Steel are seeking to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant within the Special Economic Zone at Duqm, in the Sultanate of Oman
June 6, 2023
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By Norman Fong
Insights
Middle East steel: a stepping-stone to net zero
The growing importance of Middle Eastern steel production and the region’s natural resources to the global decarbonization challenge
December 7, 2021
·
By the Fastmarkets team
Insights
Ukraine’s forward sales and demand hopes support corn prices
Ukraine has already sold forward around 20% of its corn export potential in a flurry of sales that, along with concerns over the...
August 11, 2021
·
By Masha Belikova
Insights
SOUTH ASIA STEEL SCRAP: Markets steady on slow trading
Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.
July 23, 2021
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By Carrie Bone
Insights
Brazil’s soybean exports lose steam on waning Chinese buying
Brazilian soybean exports dropped to 11.1 million mt in June, 13% lower on the year and 26% below volumes exported in...
July 6, 2021
·
By Eduardo Tinti
Insights
FOCUS: Russian steel export tax could create billet boom in Asia
The likely introduction of an export tax on Russian semi-finished steel products could cause tight supplies and a jump in prices for steel billet in Asia over the second half of 2021, sources told Fastmarkets on Friday June 25.
June 25, 2021
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By Lee Allen
Insights
FOCUS: What China’s possible new steel export taxes mean for global ferrous industry
Market chatter about China possibly imposing new export taxes for steel as part of commodity price cooling measures has been rampant in the past week, causing traders and market participants to re-think their trading strategies, and overseas buyers to consider a potential supply shortfall.
May 25, 2021
·
By Alex Theo
Insights
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