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Fastmarkets Asian Battery Raw Materials Conference 2024
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April 2024
Oman’s Jindal Shadeed will invest over $3 bln in green steel plant
Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4
December 5, 2022
·
By Serife Durmus
Insights
Rebar consumption in Egypt slumps to more than 10-year low in January
Egypt's use of rebar was almost halved in January 2021, with the country consuming just 308,000 tonnes of the construction material - a 46.53% year on year drop from January 2019's 576,000 tonnes.
February 15, 2021
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By Serife Durmus
Insights
Chinese steel mills to stock less scrap before Chinese New Year amid losses, sources say
Fewer Chinese steel mills are planning to stock up on steel scrap before Chinese New Year, and those that do will be doing so at lower volumes than in previous years, market sources told Fastmarkets this week
December 14, 2022
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By Olivia Zhang
Insights
DAILY STEEL SCRAP: Support from rebar export market leads to more deep-sea scrap bookings
Turkish steel mills continued to book deep-sea scrap for June shipment, supported by strong export demand for rebar, market participants told Fastmarkets on Thursday April 22.
April 22, 2021
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By Cem Turken
Insights
Brazilian construction GDP to grow 3.5% in 2022, trade group says
The Brazilian construction industry chamber, CBIC, has raised its forecast for the sector’s gross domestic product (GDP) in 2022 to a 3.5% increase, from the previous 2.5% guidance, due to federal programs and renovations expected for the second half of the year, it said on Monday July 25
July 26, 2022
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By Renato Rostás
Insights
DAILY STEEL SCRAP: Export rebar demand may revive deep-sea imports soon
Turkish steel producers started to look for scrap cargoes at the end of this week after the latest downturn in prices and a revival of demand for long steel products in Southeast Asia, market sources said on Friday March 26.
March 26, 2021
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By Cem Turken
Insights
PRICING NOTICE: Proposal to amend frequency of fob China rebar index
Fastmarkets proposes to reduce the frequency of the publication of its fob China rebar index due to low spot market liquidity in the past year.
January 7, 2021
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By Jessica Zong
Insights
China’s steel industry enters a new era after six years of prosperity
After six years of prosperity, China’s steel industry has entered a new era with excessive supply and declining demand, and where it is overly financialized, according to Han Weidong, vice president of leading Chinese steel pipe maker Youfa Group
August 30, 2022
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By Olivia Zhang
Insights
Canada starts anti-dumping investigation into rebar from Oman, Russia
The Canada Border Services Agency (CBSA) has initiated an anti-dumping investigation into imports of specific concrete rebar from Oman and Russia, the agency said on December 4.
December 10, 2020
·
By Patrick Fitzgerald
Insights
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