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UG2/MG chrome ore prices experience sharpest decline since Sept 2021
UG2/MG chrome ore prices experienced major declines in the week to Tuesday July 12, dropping by $15 per tonne week on week, as the market saw the beginnings of a break in the continuing stalemate of recent weeks
August 9, 2022
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By Sybil Pan, Claire Patel-Campbell
Insights
European FeCr benchmark drops back to Q1 level
The European charge and high-carbon ferro-chrome benchmark for the third quarter of 2022 has slumped by 16.7% from the previous quarter’s settlement to $1.80 per lb
August 9, 2022
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By Claire Patel-Campbell
Insights
BMW to use green steel from China’s HBIS for car production
BMW Group will start to use low-carbon steel from Chinese steelmaker HBIS Group in vehicle production at its plants in China from mid-2023, the German carmaking giant said on Thursday August 4
August 5, 2022
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By Zihuan Pan
Insights
Infrastructure projects will spark steel boom in Bangladesh, BSRM’s Sengupta says
Fresh infrastructure projects in Bangladesh will drive significant steel demand and make doing business in the country easier in the coming years, Tapan Sengupta, the deputy managing director of steelmaker Bangladesh Steel Re-Rolling Mills (BSRM) told Fastmarkets in an exclusive interview
August 4, 2022
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By Lee Allen
Insights
China’s EAF steel production to exceed 15% in 2025 for decarbonization
Electric-arc furnace (EAF) steel production is on the rise as China strives to meet decarbonization targets
August 1, 2022
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By Jessica Zong
Insights
The 5 key themes in the Latin American forest products industry in 2022
What are the main headlines dominating the Latin American market in 2022? Here's what you should know
July 29, 2022
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Insights
European steel hollow sections prices stable, HRC feedstock costs edge up
Prices for steel hollow sections in Northern and Southern Europe were flat in the week ended Wednesday July 27 amid minimal market activity
July 28, 2022
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By Holly Chant
Insights
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
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