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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
Steel industry lauds new federal Buy Clean actions [update]
Steel industry leaders applauded the White House’s announcement of “Buy Clean actions”
September 19, 2022
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By Robert England
Insights
Steel prices unlikely to rally significantly in near term: analysts
Steel prices in the United States are unlikely to return to last year's highs over the next year due to incoming steel capacity and falling raw materials prices, which could affect steel mills’ profitability, analysts told Fastmarkets
September 2, 2022
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By Alesha Alkaff
Insights
Landmark US bill a boon but may mean higher global metal market prices
The Inflation Reduction Act in the United States may ironically cause global metal market prices to rise for some metals used in electric vehicles (EVs), Fastmarkets sources said
August 12, 2022
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By Orla O'Sullivan
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
5 things we learned at Fastmarkets’ Steel Success Strategies
Attendees of Fastmarkets' 37th annual Steel Success Strategies conference - June 5-7 in Miami Beach, Florida - discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways
June 21, 2022
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By Alesha Alkaff
Insights
Prospects improving for green steel premium: distributors
Willingness to pay for steel that advances decarbonization and sustainability goals is gaining ground, suggesting that premium pricing for green steel could be implemented and marking a turnaround from views in the recent past, according to leading service center executives
June 12, 2022
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By Robert England
Insights
SDI targeting 80% capacity at Sinton by Q3
Steel Dynamics Inc (SDI) is aiming for its new $1.9-billion electric-arc furnace (EAF) mill in Sinton, Texas, to be operating at 80% capacity by the third quarter before hitting full capacity by year-end, chief financial officer Theresa Wagler said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, on Monday June 6
June 7, 2022
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By Sean Barry
Insights
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