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Steelmakers that lag behind in decarbonization will be first to be phased out after green steel capacity rises to meet future demand, a senior advisor from a major Chinese steel company told delegates at the China Steel Industry Summit for 2025.
Fastmarkets advises that, as of Monday November 11, certain monthly North American ferrous scrap assessments are yet to settle.
On Friday November 8, 2024, Fastmarkets published MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton.
Fastmarkets advises that, as of Friday November 8, certain monthly North American ferrous scrap assessments had yet to be settled.
Ahead of COP29, the UN Secretary-General’s Panel on Critical Energy Transition Minerals (CETM) recommended a global traceability system, which experts told Fastmarkets will need to overcome challenges around data security, enforceability and stakeholder buy-in to be successful.
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