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The rising cost of scrap and other steel raw materials is one of the key drivers of price volatility across the steel supply chain. The US SBQ market is no exception – and understanding the variables captured in the SBQ price assessment has never been more important, watch the webinar below to learn more.
The willingness among steel consumers to pay premiums for ‘green’ products was not enough to offset the extra cost of the technology transition in the short term, according to Dr Karel Eloot, senior partner in the global materials insights department of management consultant McKinsey & Co.
Nippon Steel doubled down on its promised billion-dollar-plus capex investment promise to US Steel on Wednesday August 28, drawing the ire of the United Steel Workers (USW) labor union..
Brazil’s adoption earlier this year of trade defense strategies to manage the acquisition of imported steel prompted local traders and importers to look into adding boron to some materials, so as to avoid extra tariffs, domestic sources have told Fastmarkets.
Fastmarkets has discontinued its weekly price assessment for MB-IRO-0001 pig iron export, fob main port Baltic Sea, CIS on Wednesday August 21.
The US news cycle was set alight exactly a year ago on a Sunday afternoon when US Steel, an iconic century-old institution, announced it was for sale
Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia
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