News and market analysis

The following prices were affected: CB-CC-0001 REDD+, Latin America, $ per tCO2eCB-CC-0002 REDD+ v19 differential, Latin America, $ per tCO2eCB-CC-0003 REDD+ v20 differential, Latin America, $ per tCO2eCB-CC-0004 REDD+ v21 differential, Latin America, $ per tCO2eCB-CC-0005 REDD+, Sub-Saharan Africa, $ per tCO2eCB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $ per tCO2eCB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa, […]

The decarbonization of the steel industry has been widely discussed in Europe over the past few years. But much of the focus has been on blast furnace–basic oxygen furnace (BF-BOF) based mills, given their higher carbon intensity.

Leading European steelmaker ArcelorMittal has scrapped a planned EAF-DRI project in Germany due to the poor economic environment and a “lack of economic viability,” the company said on June 19.

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average of $1.61. Fastmarkets’ pricing database has been updated to reflect this change. AG-SC-0002 Sausage casings, resale, North American hog runners, whiskered, ex-works North America, cents/strand This price […]

The loss of information inputs from North and South America because of national holidays took some of the direction out of the market on Thursday June 19, but there remained ample scope for activity in most other regions.

A key provision in the Clean Fuel Production Credit (CFPC) could exclude tax credits for producers who engage in a common ethanol sales practice, sources told Fastmarkets on Thursday June 12.

Downward pressure on global steel prices, caused by continued high levels of Chinese steel production at prices below costs, creates incentives than can lead to a rebalancing of global supply and demand and a boost to profitability, World Steel Dynamics chief executive officer Philipp Englin said at the Global Steel Dynamics Forum in New York on Wednesday June 18.

Used Cooking Oil (UCO) has become a vital feedstock for biofuels, particularly Sustainable Aviation Fuel (SAF), but surging demand, globalized supply chains, and geopolitical risks highlight the need for strategic planning to address supply gaps and sustain production.

The fixed-price equivalent in the trade log in these indices’ rationale was missed. The trade log entry has been corrected as follows: Vale, COREX, 170,000 tonnes of 62% Fe Brazilian Blend fines, traded at the July average of Fastmarkets’ 62% Fe low-alumina fines plus a premium of $0.40 per tonne, laycan July 17-26 (fixed-price equivalent […]

During London Climate Action Week, we highlight a key factor in the UK’s leadership on climate action: its high corporate carbon productivity.