The heightened importance for the steel reinforcing bar (rebar) industry was apparent to market participants immediately, and has expanded to include multiple arms of the wider construction sector, including merchant bar, beams and wire rod, according to multiple sources in the rebar and general construction markets contacted by Fastmarkets on Wednesday October 2. The Category 4 […]

The deadly storm may lead to a temporary near-to-medium-term uptick in steel prices, as scrap flows dwindle and the need for new steel soars, sources said. “[Original equipment manufacturers] and service centers will experience a boost in sales to rebuild from the hurricane,” one mill source said. “The rebuild includes new equipment like tree-trimming trucks, […]

Fastmarkets will launch a monthly price assessment for graphite flake 94% C, -100 mesh, cif US ports, $/tonne on Thursday October 3.

Here are some ways their proposed policies are aligned or differ when it comes to steel: Aligned: Both candidates support domestically-made steel Harris and Trump are both cognizant of the critical role of the steel industry in the US’ national security, infrastructure and energy industry, Kevin Dempsey, president and chief executive officer of the American […]

According to our survey of the US steel market, almost half of respondents believe it will take more than 18 months for a green steel premium to be collected in the US – here we explore the factors that could influence the speed of adoption

Fastmarkets proposes to launch a price assessment for graphite flake 94% C, -100 mesh, cif US ports, $/tonne.

Fastmarkets proposes to launch aluminium low-carbon P1020A all-in price, CME-based, delivered Midwest US, US cents/lb.

Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia

Fastmarkets proposes to discontinue its price assessments for MB-STE-0561 steel ERW line pipe (X65), fob mill US, $/short ton; MB-STE-0873 steel ERW line pipe (X70), fob mill US, $/short ton; MB-STE-0852 steel welded LSAW line pipe API 5L X65 US $/tonne; MB-STE-0853 steel welded HSAW line pipe API 5L X65 US $/tonne; MB-STE-0022 steel ERW standard pipe A53 Grade A, fob mill US, $/short ton and MB-STE-0056 steel ERW standard pipe A53 Grade A import, cif Houston, $/short ton.

The newly introduced requirement of a certificate of origin and analysis when exporting aluminium from Mexico to the US is a source of concern among Mexican market participants, even if it is not expected to have a big impact on the country's domestic industry, Fastmarkets heard in the two weeks to Friday August 2