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The steel industry underpins the global economy. It is deeply intertwined with other industries like automotive, construction and energy – making it subject to risks and opportunities from multiple directions. Decarbonization initiatives also have significant implications for anyone buying, selling or trading in steel markets. These risks include shifts in international competitiveness and the financial risk associated with carbon pricing and regulations. On 8 June, Fastmarkets launched a suite of green steel prices to bring clarity and support investment decisions needed to reduce emissions.
You can understand the critical forces impacting steel news and steel price movements with our reliable data-driven insights, market-reflective prices, forecasts and analysis.
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Our steel and steel raw materials market experts provide global and local data-driven insights combining the commodity intelligence of familiar names like Metal Bulletin, American Metal Market, Scrap Price Bulletin, Industrial Minerals and more.
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European scrap consuming electric arc furnace output is rising, with demand for higher grade scraps to produce flat steel expected to grow. Fastmarkets has launched prime grade scrap forecasts to capture this
US construction contractors – including for residential, commercial and manufacturing facilities – have reported long delays and unpredictability in obtaining electrical transformers. This is due to inadequate electrical steel supplies amid missing investment decisions in the US to expand production of the material
Fastmarkets forecasts that global steel production will grow at an average annual rate of 1.4% through the end of the decade so ‘green’ steel production methods need to keep pace
The US steel industry’s preponderance of electric-arc furnace (EAF) capacity may be a double-edged sword when it comes to collecting green steel premiums, market sources have told Fastmarkets
Main Brazilian steel producers halted production and operations in distribution centers in the country’s Rio Grande do Sul state due to local floods, but potential losses remain uncertain since the situation has not yet been resolved, the companies told Fastmarkets in written statements this week
Liberty Steel will “temporarily pause” production at its wire rod mill in Georgetown, South Carolina, and shift the plant’s production to making steel wire mesh and welded steel products, the company announced on Friday April 19
Fastmarkets’ mission is to meet the market’s data requirements honestly and independently, acting with integrity and care to ensure that the trust and confidence placed in the reliability of our pricing methodologies is maintained.
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