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US housing starts and permits edge higher in October when compared to September this year
Multifamily housing starts show some sign of life in late 2023, but the overall picture shows a different trend when compared to single-family
November 23, 2023
·
By Joe Pruski
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
Correction to Turkey steel scrap import indices
Please note Fastmarkets has corrected its index assessments for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, MB-STE-0416, and steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, MB-STE-0417, which were published incorrectly on Thursday November 9.
November 15, 2023
·
By Ross Yeo
Insights
European rotogravure printing capacity continues to shrink
The rotogravure printing market in Europe has seen large-scale consolidation activities in the last five years with more customers turning away from print to digital
November 9, 2023
·
By Andrea Venturini
Insights
How changing US demographics will affect housing demand
Despite slower population growth and lower household formation rates, there remains a shortfall in the housing market, particularly for starter homes in North America
November 8, 2023
·
By Jennifer Coskren
Insights
Do printed newspapers still generate revenues and profits for publishers?
Newsprint has been under increasing pressure due to weaker demand and rising costs. How does the future look for this sector of the paper market?
November 8, 2023
·
By Andrea Venturini
Insights
Three reasons why Chinese steelmakers are trapped in a prisoner’s dilemma
While daily crude steel production stood at 2 million tonnes in mid-October, a 1.25% decrease from the previous year according to data published by China’s Iron and Steel Association (CISA), overall production has remained relatively firm following a strong first half of 2023. With no clear indications of a rebound in downstream steel prices in […]
November 7, 2023
·
By Norman Fong
Insights
EU, US fail to reach agreement on Global Arrangement on Sustainable Steel and Aluminium
Talks between the European Union and the United States began in October 2021, where both parties announced the Global Arrangement on Sustainable Steel and Aluminium (GASSA), a partnership in which both parties would negotiate an arrangement to combat global overcapacity and climate change. The discussions would include discouraging trade in high-carbon steel and aluminum that […]
November 7, 2023
·
By Alesha Alkaff
Insights
US Midwest low-carbon aluminium differentials at zero; interest grows
Fastmarkets assessed its new aluminium low-carbon differential P1020A, US Midwest at zero on Friday November 3. The assessment for the aluminium low-carbon differential for value-added product, US Midwest, also was at zero on Friday. Fastmarkets aims to bring transparency to the market with its new low-carbon aluminium differentials. “We are getting lots of questions about carbon […]
November 6, 2023
·
By Yasemin Esmen
Insights
Demand remains firm for tropical hardwoods in North American markets
Despite a modest slowdown in new orders, the demand for tropical hardwoods remains robust in North American markets, particularly in high-end projects and exterior applications, with supply issues varying across different species and specifications.
November 1, 2023
·
By the Fastmarkets team
Insights
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