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There are 127 results that match your search.
Hurricane Helene to bolster demand for rebar, wider construction segments in near term: sources
The heightened importance for the steel reinforcing bar (rebar) industry was apparent to market participants immediately, and has expanded to include multiple arms of the wider construction sector, including merchant bar, beams and wire rod, according to multiple sources in the rebar and general construction markets contacted by Fastmarkets on Wednesday October 2. The Category 4 […]
October 3, 2024
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By Melissa VanDervort
Insights
How Hurricane Helene is impacting US steel demand, supply and prices
The deadly storm may lead to a temporary near-to-medium-term uptick in steel prices, as scrap flows dwindle and the need for new steel soars, sources said. “[Original equipment manufacturers] and service centers will experience a boost in sales to rebuild from the hurricane,” one mill source said. “The rebuild includes new equipment like tree-trimming trucks, […]
October 2, 2024
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By the Fastmarkets team
Insights
Cobalt market reacts to Trump second presidential term
As the dust settles in Washington and Americans wake up to news that Donald Trump is once again president-elect, participants in the cobalt market discuss the wider ramifications on a crucial coming four years for the electric vehicle (EV) industry.
November 7, 2024
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By Alexander Cook
Insights
Decarbonization of steelmaking thrown into doubt by re-election of Trump in US
Concerns over a potential decline in investments in the decarbonization of the steel industry are growing following the confirmation that Donald Trump will soon be returning as president of the United States, sources told Fastmarkets this week.
November 15, 2024
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By Shu Yi Zheng
Insights
Trump re-election signals uncertainties for China’s EV and battery industry amid potential policy shifts and tariffs
China’s electric vehicle (EV) and battery industry participants expect more uncertainty under a second Donald Trump presidency amid the president-elect’s intention to scale back the Inflation Reduction Act (IRA) and pursue expanded protectionist trade policies, sources told Fastmarkets on Thursday November 7
November 19, 2024
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By Dylan Duan, Sybil Pan, Zihao Li, Angeline Shi, Nina Hu, Venus Wang, the Fastmarkets team
Insights
Steel receives little love in cringe-filled US presidential debate
Steel received scant attention in the US presidential debate held on Thursday June 27 between incumbent President Joe Biden and challenger former President Donald Trump.
July 1, 2024
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By Alesha Alkaff, Rijuta Dey, Daniel Hilliard
Insights
Harris, Trump butt heads on Section 232, 301 tariffs during US presidential debate
Trade, tariffs and protectionist measures were all topics of discussion during the US presidential debate between Vice President Kamala Harris and former President Donald Trump on Tuesday September 10.
September 12, 2024
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By the Fastmarkets team, Alesha Alkaff, Rijuta Dey
Insights
Global steel market: Four early takeaways from Alacero Summit 2024 in Buenos Aires
Steel leaders from throughout Latin America gathered during October 29-31 in Buenos Aires, Argentina, at Alacero Summit 2024 to learn more about the region's growing importance in the global steel market
October 29, 2024
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By Gabriela Brumatti, Ana Enis, Dan Hilliard, the Fastmarkets team
Insights
Biden hikes tariffs on Chinese imports; steel, aluminium, electric vehicles among sectors targeted
US President Joe Biden will increase tariffs on Chinese imports including steel and aluminium, electric vehicles, semiconductors and advanced batteries, to counteract China’s “unfair” trading practices, he announced on Tuesday May 14
May 17, 2024
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By Alesha Alkaff
Insights
US industry unsure of Brazil slab exemption for ‘melt and pour’ requirement for Mexican steel imports
Steel industry participants in the United States are unclear whether Brazilian slab imports will be exempt from the 25% tariffs under Section 232 that will be levied on Mexican imports for steel that is not melted and poured in Mexico, the US or Canada, sources told Fastmarkets on Wednesday July 17
July 18, 2024
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By Rijuta Dey
Insights
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