In contrast to the apparent widespread belief that war would lead to a surge in scrap collections in Ukraine, volumes actually fell in 2022 and are likely to fall again in 2023, according to the head of Ukranian commodities think-tank, GMK Center

The attack by the Russian army on a hydroelectric power plant in Nova Kakhovka in southern Ukraine on Tuesday June 6 has affected steelmaking operations at Kryvyi Rih, where ArcelorMittal’s Ukrainian steel mill and Metinvest’s mining and processing plants (GOKs) are located, sources have told Fastmarkets

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

Fastmarkets’ economist for Latin America, Rafael Barisauskas, analyzes the impact of household debt and reduced consumption

While some paper suppliers begin to see signs of improvement, the markets remain under pressure with uncertainty on when things will get better

As the US loses its export market share to other producing regions, we see softwood lumber imports soar

Fastmarkets’ Derek Mahlburg analyzes the inflationary effect of low operating rates on paper and board mills

Weak containerboard demand continues to impact the Mexican market

The outlook for North American steel scrap prices has headed further into bearish territory ahead of June's trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May

Industry leaders said low demand, high inflation and changing consumer spending are to blame as profit margins reach lowest point since 1Q 2012