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Chinese steelmakers exporting low-carbon emission steel products will be among key users of green ferro-alloys, mainly because of the carbon emissions reduction requirements of the end users in their export destinations, sources told Fastmarkets.
Ferro-alloys markets will continue to be under pressure next year, but there are hopes of a market recovery due to improved steel demand, Fastmarkets ferro-alloys analyst Emre Uzun told delegates at the 40th international ferro-alloys conference held in Istanbul, Turkey on November 10-12.
Concerns over a potential decline in investments in the decarbonization of the steel industry are growing following the confirmation that Donald Trump will soon be returning as president of the United States, sources told Fastmarkets this week.
The postponement will now be voted on by both the Parliament and the Council.
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