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?
There’s demand for green steel across the supply chain, but Boston Metal aims to keep the need for a green premium to a minimum, a company executive told Fastmarkets earlier this year
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
The global push toward using more direct-reduced iron (DRI) and hot-briquetted iron (HBI) could be derailed by the lack of iron ore concentrates used in the pelletizing process, sources told Fastmarkets
Premiums for high-grade iron ore continued to slide on Friday August 26 in line with poor import demand from the Chinese market amid an increase in average forward-month prices over the trading week, sources told Fastmarkets
Blast furnace (BF)-based steelmaking capacity in Southeast Asia could balloon by 25% over the next few years with the emergence of new projects, the South East Asia Iron & Steel Institute (Seaisi) said recently
India’s push toward the beneficiation of low-grade iron ore could result in new trade patterns emerging in the future if implemented, market sources told Fastmarkets this week
Fastmarkets has corrected the price for its iron ore 62% Fe fines, fot Qingdao, yuan/wet tonne (MB-IRO-0011) and iron ore 62% Fe fines, fot Qingdao, $/tonne conversion (MB-IRO-0022) indices, which were published incorrectly on Thursday August 18 due to a technical error.
Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets
Seaborne iron ore concentrate and pellet prices fell during the week to Friday July 15 amid limited demand from steelmakers, market sources said