Ever since the emissions scandal roiled Volkswagen in 2015, OEMs have been acutely aware of the need to protect their reputations and toe the ESG line

There are reasons to believe the worst is over for a domestic steel market rattled by the Covid-19 pandemic, Nucor Corp president and chief executive officer Leon Topalian told attendees of Fastmarkets’ Steel Success Strategies Online conference on Monday October 26.

China’s ferrous scrap prices moved up sharply over the past week due to tight supply, eating into the profits of mills that operate electric-arc furnaces.

Fastmarkets is proposing to change the publication date of its Brazilian domestic steel price assessments, ex-works Brazil, reais per tonne.

Now that Gerdau's highly anticipated sale of four US rebar mills and 33 rebar fabrication locations to CMC has been completed, industry sources remain unclear as to the deal's long-term ramifications.

Just as China and the United States started to reach a deal and trade tensions eased, providing some longed-for certainty, the novel coronavirus (2019-nCov) has again increased fear and uncertainty in the steel and feedstock markets.

An oversupply that has been branded the leading cause of the persistent price weakness seen in China’s vanadium market during the first half of 2019 will likely continue to act as a headwind for the rest of the year, market sources told Fastmarkets.

Here are five Fastmarkets stories you might have missed on Monday February 24 that are worth another look.

Japanese steel producers which use electric-arc furnaces (EAFs) are being forced into raising their purchasing prices for ferrous scrap feedstock despite there being no upward movement in their steel sales prices, sources in Japan have told Fastmarkets.

The possibility of new restrictions in major steelmaking regions in China will likely give long steel prices in the country - which have been trending upward since hitting a price floor a week ago - a further boost in July.