Mexican steel scrap prices continued to decrease in the week ended on Friday August 27, as most steelmakers applied price cuts because of competition from imported material.
31 August 2021
Felipe Peroni
With Italian steelmaker AFV Beltrame Group’s recently announced investment in a new green steel plant in Romania, chief executive Carlo Beltrame is looking to futureproof the company ahead of the upcoming green steel revolution. In discussion with Fastmarkets’ Carrie Bone, he outlined the changes and challenges anticipated for decarbonizing the steel industry.
31 August 2021
Carrie Bone
Firmer Chinese steel markets have been supporting sentiment in the Chinese scrap market, keeping buyers optimistic about September and October, sources told Fastmarkets on Tuesday August 31.
31 August 2021
Paul Lim, Tianran Zhao
The Mexican economy secretariat has extended the period of an existing countervailing duty on imports of longitudinal welded carbon steel pipes from the Unites States, and has started an anti-dumping investigation on flat-steel imports from Vietnam.
30 August 2021
Felipe Peroni
Here are five Fastmarkets stories you might have missed on Friday August 27 that are worth another look.
29 August 2021
Fastmarkets MB staff
The light iron scrap market in the United Kingdom was stable during the week to Friday August 27, with most trade sources reporting steady prices to ensure the flow of material into yards.
27 August 2021
Declan Conway
Turkish mills were largely inactive in the import scrap market over the week ended Friday August 27, while prices in key Asian markets were affected by the low levels of interest among mills for imported cargoes.
27 August 2021
Cem Turken, Maria Tanatar, Lee Allen, Paul Lim, Carrie Bone, Amy Hinton, Tianran Zhao
Prices for shredded steel scrap into Pakistan and India have decreased in the week to Friday August 27, sources told Fastmarkets.
27 August 2021
Maria Tanatar, Carrie Bone
Turkish steel producers made no new scrap bookings on Friday August 27, ending the working week with a single cargo deal amid limited finished steel sales, market participants said.
27 August 2021
Cem Turken
The domestic scrap markets in both Japan and South Korea weakened further on Friday August 27, placing further pressure on the seaborne markets, sources told Fastmarkets.
27 August 2021
Lee Allen, Tianran Zhao