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Brazilian construction GDP to grow 3.5% in 2022, trade group says
The Brazilian construction industry chamber, CBIC, has raised its forecast for the sector’s gross domestic product (GDP) in 2022 to a 3.5% increase, from the previous 2.5% guidance, due to federal programs and renovations expected for the second half of the year, it said on Monday July 25
July 26, 2022
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By Renato Rostás
Insights
Green steel appetite driven by urbanization, sustainability awareness – Gunung Raja Paksi
Increasing urbanization around the world is one of the main factors driving appetite for green and sustainable steel, Abednedju Giovano Warani Sangkaeng, president director of Indonesian steelmaker Gunung Raja Paksi (GRP), told Fastmarkets in an interview
July 26, 2022
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By Jessica Zong
Insights
Steel scrap and the big squeeze
US sustainable steelmaking will need at least 10.4 million short tons of scrap per year by 2024. With supply tightening, could a new commodity supercycle be on the horizon?
July 20, 2022
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Insights
Paper producers move ahead in developing new packaging to replace single-use plastic
New legislation and demand for plastic substitution is pushing paper packaging producers to innovate
July 20, 2022
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Insights
Brazil’s soybean exports hit 5 million tonnes for first two weeks of July
The country is expected to ship a total of 7.9 million tonnes of soybeans this month
July 20, 2022
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By Marcela Caetano
Insights
Limited demand continues to pull high-grade iron ore prices down
Seaborne iron ore concentrate and pellet prices fell during the week to Friday July 15 amid limited demand from steelmakers, market sources said
July 18, 2022
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By Alex Theo
Insights
The death of steel in automotive – fact or fiction?
At this year’s Steel Success Strategies conference in Miami, the expert steel automotive panel delved into the risks and opportunities facing steel in automotive production
July 15, 2022
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By Kimberly Leppold
Insights
Pulp producers move to add tissue capacity in Brazil while smaller mills face cost pressures
Integrated and non-integrated paper producers see very different futures in the Brazilian market as former set to expand while the latter faces further cost challenges
July 13, 2022
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Insights
Brazil’s soybean exports to China down 600k tonnes year on year
China's imports from Brazil fall, while Iran becomes the main corn importer
July 12, 2022
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By Eduardo Tinti
Insights
China could increase bulk steel scrap buying in future if UK cargo passes customs: sources
The prospects for large volume trades in China’s import steel scrap market could hinge on whether a large United Kingdom-origin bulk cargo successfully passes Chinese customs checks later this year, sources told Fastmarkets
July 11, 2022
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By Lee Allen, Olivia Zhang
Insights
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