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Three reasons US steelmakers are bullish for 2023
Executives at major flat-rolled steelmakers in the United States shared three mutual reasons for optimism about demand in 2023 during their companies’ recent earnings calls, despite the current downtrend in prices
November 10, 2022
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By Grace Asenov
Insights
Rise of southern rebar may boost nearshoring, a boon to buyers
Opinions are mixed on whether new steel reinforcing bar capacity will be absorbed by a down market, but a spate of planned mills in the southern United States may signal a shift toward nearshoring that could offer buyers relief from high freight costs and volatile global supply chains
November 8, 2022
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By Abby Verret
Insights
US aluminium scrap imports decline in September vs August
Imports of aluminium scrap into the United States fell by 9.61% month on month in September, with decreases recorded in all import categories, according to the latest data from the US Department of Commerce
November 8, 2022
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By Kirstyn Petras
Insights
Can 13 million tons of prime scrap truly support the US HRC market?
Recycled metals including prime steel scrap are becoming the gold standard commodity for producers and consumers of quality, low-carbon metals. Follow the discussion as our Senior expert Lisa Gordon analyses the impact of prime scrap shortages on the US HRC market
November 3, 2022
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By Lisa Gordon
Insights
Slowing flows could limit ferrous scrap downside: SDI
The top executive at Steel Dynamics Inc (SDI) said that a slowdown in inbound ferrous scrap may put the brakes on further big drops in prices
October 26, 2022
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By Lisa Gordon
Insights
Impasse on the horizon for US ferrous scrap market
The United States ferrous scrap market remains firmly in the doldrums ahead of November’s domestic ferrous trade with supply-side disruptions unlikely to change prevailingly poor demand, according to market participants
October 25, 2022
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By Amy Hinton
Insights
Correction to Fastmarkets’ US daily hot-rolled coil index
Fastmarkets has corrected its daily hot-rolled coil index, fob mill US, which was published incorrectly on Wednesday October 19 and on Thursday October 6, due to an error.
October 20, 2022
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By Rijuta Dey
Insights
Why steel companies should be more concerned about Scope 3
Is the 'green' advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?
September 28, 2022
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Insights
Outokumpu launches Circle Green stainless steel line using biomaterials
What does the launch of Outokumpu new sustainable stainless steel line, Circle Green, mean for the industry's green transition?
September 27, 2022
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By Robert England
Insights
US steel HRC buyers calling the shots for 2023 contracts
Mixed near-term demand and stagnant prices could place US buyers at an advantage during this year's steel HRC trading season
September 22, 2022
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By Rijuta Dey
Insights
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