Metals and mining news and market analysis

As the world’s second-largest iron ore exporter, Brazil is expected to play a key role in helping the global steel industry slash carbon dioxide (CO2) emissions; Brazilian companies are already taking action to mitigate greenhouse gas (GHG) protocol Scope 3 emissions – those encompassing the entire value chain

“The [Department] has a set of tools through the Inflation Reduction Act [IRA] and the Bipartisan Infrastructure Law,” Annie Sartor, aluminum campaign director at clean industry advocate group Industrious Labs, said. “They are open to talking about what the industry needs. When we said the current investments were not enough, they were open to conversation,” […]

Copper scrap discounts in the United States continued to be steady in the week to Wednesday November 22, with sources noting little changes week on week ahead of the Thanksgiving holiday.

Despite this, in their discussion on manganese ore and manganese alloys, experts including Asia Minerals Limited (AML) director Gautam Kumar, Project Blue founder Jack Beddar and WoodMac research director Kevin Fowkes weighed in on the various methods for reducing carbon emissions and the challenges they pose for ferro-alloys producers. “The problem is the most hazardous […]

The MENA region is already well equipped to produce cheap, green hydrogen because of its extensive solar resources, but the fact that its steel industry is mainly focused on the use of direct-reduced iron (DRI) modules and electric-arc furnaces puts it in a unique position in terms of producing the low-carbon steel that is becoming […]

Please note Fastmarkets has corrected its index assessments for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, MB-STE-0416, and steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, MB-STE-0417, which were published incorrectly on Thursday November 9.