Prices for standard pipe and mechanical tube in the United States continued to fall in November, but market participants are hoping that a recent uptick in hot-rolled coil prices will signal an end to the downturn
Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25
Baoshan Iron & Steel (Baosteel) will begin to supply steel made with sharply reduced carbon emissions to Beijing Benz Automotive (BBAC) from next year, the Chinese steel giant said on Tuesday November 22
Aligning various methodologies of calculating and reporting greenhouse gas (GHG) emissions in the steelmaking process has become a challenge in the push towards decarbonization of the industry, but there’s demand for aligning it
To achieve a decarbonized steel industry by 2050 and meet consumer demand for “green” steel products, an international group of steelmakers has urged the United States and EU to adopt a global emission standard to support the transition to low-emission steel
Major Brazilian iron ore miner Vale’s plan for green briquette megahubs in the Middle East has sparked much curiosity and interest about how they will work, especially with miners looking to take a share of the decarbonization “pie” by ramping up their offerings of direct-charge materials in their attempts to eliminate sintering
The steel scrap market is undergoing a monumental shift as the pull of decarbonization, growing market consolidation and supply shortages propel steel scrap into ‘hot’ commodity status
Governments of countries which are responsible for half of the global gross domestic product (GDP) outlined new targets for the previously agreed Breakthrough Agenda, a 12-month action plan to accelerate the drive toward decarbonization, delegates heard on Friday November 11 at the United Nations’ COP27 climate change conference in Egypt
Fastmarkets experts share a unique visual snapshot of the ever-changing global scrap markets in 8 scrap metal price charts
The acceptance of green steel so far has been limited by competitive market forces, but it is likely to remain a fundamental focus in the industry, according to market participants
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