TRADE CASE MONITOR: Around the world’s steel markets in October 2020

As competition in the global steel markets remains fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in October 2020.

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The tungsten market was changing, Fastmarkets heard in the week to Wednesday June 24, and in a trading environment that was becoming less globalized and more fragmented, alongside trade tensions between the US and China in particular, the relationship between prices within China and outside the country has shifted.
The geopolitics-led diversification of critical minerals supply chains is broadly viewed as a tailwind to the lithium market, senior executives said during the Executive Keynote Panel at Fastmarkets’ Global Lithium, Battery and Critical Materials in Las Vegas on Tuesday June 23.
South China, which includes the provinces of Guangdong, Guangxi and Fujian, accounts for 25 million tonnes of containerboard capacity annually, about a quarter of China’s total, according to Fastmarkets’ database. The region also holds around one-third of the nation’s corrugated converting capacity and remains a key manufacturing and trading hub with significant demand for corrugated […]
Fastmarkets also clarified the names of the four containerboard assessments: As part of the process of standardizing price nomenclature for forest products, their names will be as follows: The prices are part of the Fastmarkets Paper Packaging price package. To provide feedback on these prices or if you would like to provide price information by becoming […]
JSW Steel USA’s production of its first fully degassed 12-inch slab at its mill in Mingo Junction, Ohio, could reduce the company’s reliance on imported slab, according to information obtained by Fastmarkets, raising questions about future demand for Brazilian exports at a time when the global slab market is already facing weaker demand and increasing competition.
The Mexican containerboard market saw a rapid shift in June as reduced US paper exports forced buyers to refocus on domestic supply, triggering price increases.