When it comes to machine learning, computer vision, data analytics and artificial intelligence, the steel industry faces challenges in achieving a measurable and permanent return on investment, panelists said during Fastmarkets’ Steel Success Strategies Online conference on Tuesday October 27.

Plunging corn futures have unlocked selling activity in Ukraine's corn market, with the number of FOB cargo offers increasing...

The publication of Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China, $/tonne and ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe, $/Ib for Tuesday October 27 were delayed because of a reporter error.

Steel Dynamics Inc’s (SDI) new $1.9-billion flat-rolled steel mill in Sinton, Texas, could be the first electric-arc furnace (EAF) facility to produce exposed-grade automotive material, the company’s top executive said.

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were for the main part firmer this morning, Wednesday October 28, this despite early weakness in major western equity index futures that were suffering because parts of Europe look set to escalate lockdown measures.

Hot-rolled coil prices in the United States have slipped for the first time in almost two weeks, but whether the dip represents the start of a new trend or just noise amid a chorus of optimism about stronger demand in 2021 remains unclear.

Steel service centers and other processors are finding surprising opportunities during the Covid-19 pandemic, and 2021 demand appears poised to exceed expectations for metals consumption, panelists said at Fastmarkets' 2020 Steel Success Strategies Online conference this week.

Teck Resources is continuing to increase its workforce at the Quebrada Blanca Phase 2 (QB2) copper project in northern Chile and expects the project to be about 40% complete by the end of the year, the company said this week.

With so much uncertainty regarding the macro environment for steel consumption and prospects for tepid demand growth, US and Canadian mills are vying for a bigger piece of the pie - and using different strategies.

The publication of Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China, $/tonne and ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe, $/Ib for Tuesday October 27 were delayed because of a reporter error.