A “special action plan for carbon reduction” unveiled by China's National Development & Reform Commission (NDRC) will reduce the need for coking coal and iron ore by focusing on upgrading existing equipment and the switch to electric-arc furnaces, sources told Fastmarkets this week

Fastmarkets forecasts that global steel production will grow at an average annual rate of 1.4% through the end of the decade so ‘green’ steel production methods need to keep pace

The US steel industry’s preponderance of electric-arc furnace (EAF) capacity may be a double-edged sword when it comes to collecting green steel premiums, market sources have told Fastmarkets

Key talking points from the meeting of steel distributors’ association Eurometal, held in Zurich, Switzerland, on Thursday May 16

The iron ore market is expected to diverge into two segments in line with the steelmaking industry’s march toward reducing carbon emissions, Fastmarkets learned at the 2024 Singapore Iron Ore Forum (SIOF) on Tuesday May 7

The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.

Ferrous scrap could serve as a linchpin in decarbonizing both the steel and shipping sectors in South Korea, particularly in the short term, while waiting for emerging technologies such as hydrogen-based direct-reduced iron to be commercialized, Fastmarkets heard at a seminar on green steel and circularity

China's National Development and Reform Commission (NDRC) has set a target for the building of green and low-carbon high quality buildings from 2027 to make significant improvements in energy-saving and carbon emission reduction in the construction sector, it said in a notice on Friday March 15 2024

Western governments are increasingly implementing policies to protect their local metal-producing industries from rival products made in the developing world, but how should eastern lawmakers and companies respond to these moves?

Mercedes-Benz has signed its second deal with a major US steel producer to supply greener steel in hopes of reaching decarbonization goals by the year 2039, the German automaker announced on Wednesday March 20