Search

United States Steel (US Steel) has signed an agreement with CarbonFree to capture CO2 emissions from its Gary Works Blast Furnaces. CarbonFree will capture and mineralize up to 50,000 metric tons of carbon annually, with the potential for expansion in the future. The SkyCycle process will convert the captured emissions into carbon-neutral calcium carbonate, which can be used in various industries. Construction on the SkyCycle plant is expected to begin this summer, with operations projected to start in 2026. US Steel aims to reduce greenhouse gas emissions intensity by 20% by 2030 and achieve net-zero emissions by 2050. Japanese steelmaker Nippon Steel Corporation (NSC) has agreed to acquire US Steel in a $14.1 billion all-cash transaction, subject to approval. [Extracted from the article]

Higher grade high carbon ferro-chrome prices rose slightly in Europe during the week to Tuesday December 12 amid reasonably strong spot activity at a time when market participants traditionally begin to reduce intake. [ABSTRACT FROM AUTHOR]

Indian domestic steel hot-rolled coil prices were likely to be increased by 750-1,000 rupees ($9-12) per tonne in December with domestic demand for HRC remaining strong, but imports will be constrained. [ABSTRACT FROM AUTHOR]

Use of green hydrogen will reduce carbon emission in steel production by 75%, Abdullah Al Shahrani, senior manager of research and technology at steel producer Hadeed SABIC, said during his presentation at Fastmarkets' Middle East Iron & Steel Conference in Dubai on Monday November 20. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the US were unchanged on Tuesday November 21, with market sources reporting stable demand, ample supply and thin service center levels. [ABSTRACT FROM AUTHOR]

Domestic prices for industrial quality low carbon wire rod in the US edged slightly lower in November despite mill price hikes of $20 per short ton, with discounted prices reported from selected buyers in the Southeast offsetting higher prices heard from buyers in other regions. [ABSTRACT FROM AUTHOR]

Prices for cold-rolled coil and hot-dipped galvanized steel sheet in the United States climbed in the assessment period ended Wednesday November 22, widening the spread between the pair of tandem products and hot-rolled coil. [ABSTRACT FROM AUTHOR]

Hot- and cold-rolled coil import prices in South America rose in the week to Friday November 17, due to a rally in Chinese steel prices and a slight recovery in domestic demand. [ABSTRACT FROM AUTHOR]

Prices for cold-rolled coil and hot-dipped galvanized steel sheet in the United States climbed in the week to Thursday November 16, outpacing the uptick seen in hot band prices over the assessment period and widening the spread between the products. [ABSTRACT FROM AUTHOR]

Leading Chinese steelmaker Baoshan Iron & Steel (Baosteel) is raising its flat steel prices for December sales in anticipation of a demand increase following Beijing's recent stimulus measures and year-end maintenance, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

High-carbon ferro-chrome prices edged down in Europe during the week to Tuesday November 14, with reports of lower offers and a generally subdued spot market. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the United States declined in the week to Tuesday November 14, with market sources reporting strong supply and weak demand amid expectations that prices will continue falling through the remainder of the year. [ABSTRACT FROM AUTHOR]

Premiums for flat-rolled green steel were fairly stable across Europe in the week to Thursday November 9, while demand is expected to outpace supply in the next few years, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Low carbon ferro-chrome prices fell in Europe during the two weeks to Tuesday November 7 amid reports of falling offers and transaction prices, with relatively strong availability, while demand continued to be stable or slightly weaker in the spot market. [ABSTRACT FROM AUTHOR]

High carbon ferro-chrome prices moved into a wider range in Europe during the week to Tuesday October 31, with reports of lower offers alongside a small rebound in sales prices. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the United States tumbled on Tuesday October 31, one day after Nucor Plate Group announced a price decrease amid weak market conditions. [ABSTRACT FROM AUTHOR]

Prices of cold-rolled coil and hot-dipped galvanized steel in the US rose in the week to Thursday November 2, with sources reporting strong flat-rolled demand and limited availability extending lead times. [ABSTRACT FROM AUTHOR]

Prices for South American steel imports of hot-rolled coil, cold-rolled coil and plate rose in the week to Friday November 3 amid adjustments in Chinese prices, changes in freight costs on the Pacific coast and an expectation of a demand recovery in the coming months, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Prices for cold-rolled and hot-dipped galvanized coil across Europe were stable to slightly weaker over the past seven days amid persistently slow demand, sources told Fastmarkets on Wednesday October 25. [ABSTRACT FROM AUTHOR]

The prices of hot-rolled coil imported into the US were mostly stable, while those for plate tumbled on Wednesday October 25, with buyers not aggressively looking for foreign material due to unattractive lead times. [ABSTRACT FROM AUTHOR]

High-carbon ferro-chrome prices slid lower in Europe during the week to Tuesday October 24 in a generally subdued market, with long-term contract negotiations drawing focus away from spot activity, sources said. [ABSTRACT FROM AUTHOR]

The export market for steel hot-rolled coil from Russia went down during the week ended Monday October 23 on soft demand in Turkey and strong competition with suppliers in Asia that offered lower prices, Fastmarkets heard. [ABSTRACT FROM AUTHOR]

Japanese steel scrap export prices were rangebound in the week to Wednesday October 18 despite slow demand from Asian buyers, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the US were unchanged during the week ended Tuesday October 17, following an abrupt three-week slide that ended months of market stability. [ABSTRACT FROM AUTHOR]

Spot prices for steel scrap imports to Vietnam were rangebound in the week to Friday October 20 while weak demand for downstream products persisted, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

China's ferro silicon export price remained stable in the week to Wednesday October 11, while the domestic price fell due to weak downstream steel demand amid wait-and-see stances among market participants, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the United States continued to tumble on Tuesday October 10 amid ample supply, according to market participants. [ABSTRACT FROM AUTHOR]

The European markets for steel cold-rolled coil and hot-dipped galvanized coil have remained quiet over the week ending Wednesday September 27, with consumption slowing and cheaper imported alternatives dragging on sentiment, sources have told Fastmarkets. [ABSTRACT FROM AUTHOR]

Slowing demand and cheap imports weighed on the long-stable carbon steel plate market in the week to Tuesday September 26, with sources reporting a significant price deterioration in the past days. [ABSTRACT FROM AUTHOR]

Weak demand, mixed sentiment and an imbalance in supply and demand resulted in slow activity in the European steel hot-rolled coil market during the week to Friday September 22. [ABSTRACT FROM AUTHOR]

A decision taken this week by the Brazilian ministry of development, industry and foreign trade, MDIC, will see main flat-rolled steel products subject to 10.8% import duties in the country, from 9.6% currently, starting on October 1. [ABSTRACT FROM AUTHOR]

Seaborne iron ore prices fell on Thursday September 21, in line with futures and swaps prices, with an increase in hot-rolled coil inventories and a drop in apparent demand in China raising concerns over the usual peak-season pick-up in steel demand, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Premiums for green steel in the European market remained stable in the week to Thursday September 21 amid thin trading, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Publication of Fastmarkets' daily domestic steel hot-rolled coil indices in Northern Europe and Italy on Wednesday September 20 took place earlier than scheduled due to an error. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices held firm on Tuesday September 19 in the face of increasing import pressure and faltering demand, according to market participants. [ABSTRACT FROM AUTHOR]

Export prices for Chinese cold-rolled and hot-dipped galvanized steel coil moved up in the week to Tuesday September 19, with higher costs and improved demand also leading to higher steel futures values. [ABSTRACT FROM AUTHOR]

Prices for steel cold-rolled coil and hot-dipped galvanized coil in Europe were stable or slightly weaker in the seven days to Wednesday September 13, despite producers' attempts to push for increases because of higher costs, industry sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Prices for steel hot-rolled coil in Europe were broadly stable on Thursday September 7, with sentiment turning pessimistic because of subdued demand and an expected influx of imports starting in October, industry sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the US were unchanged in the first week of September following a notice from platemaker Nucor that it had cut prices for some steel plate products by $40 per short ton. [ABSTRACT FROM AUTHOR]

More European steel hot-rolled coil producers have announced higher offer prices, but buyers continued to hold back, claiming that slow end-user demand was not supportive of major price rises, Fastmarkets heard on Thursday August 31. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the US dipped on Tuesday August 29 after idling for two months, pressured by weakening demand and bearishness in the market. [ABSTRACT FROM AUTHOR]

High carbon ferro-chrome prices rose in Europe during the week to Tuesday August 29, amid rising offers from the sell side, while end users have gradually begun to return to the spot market following summer maintenance shutdowns. [ABSTRACT FROM AUTHOR]

Some European producers of steel hot-rolled coil were seeking to achieve higher prices, but buyers were still unconvinced about any substantial price increases given the slow demand from end users, Fastmarkets heard on Wednesday August 23. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the US were unchanged on Tuesday August 22, for an eighth consecutive week, though pressure from mediocre demand has pushed some producers to offer discounts on large-volume transactions, according to market participants. [ABSTRACT FROM AUTHOR]

United States Steel (US Steel) and carbon capture technology business CarbonFree have signed an agreement to capture CO2 emissions generated from US Steel's Gary Works Blast Furnaces. [ABSTRACT FROM AUTHOR]

Hot-rolled coil prices in the US Midwest fell on Friday August 11, while market participants report shrinking inventories and faltering steel demand. [ABSTRACT FROM AUTHOR]

High-carbon ferro-chrome prices in Europe increased during the week to Tuesday August 1, with sources on the sell-side reporting a slight uptick in interest for material to be delivered by the end of the summer shutdown period. [ABSTRACT FROM AUTHOR]

China's export volumes of flat steel products in June were lower month on month due to softer demand and the start of a price downtrend keeping overseas buyers on the sidelines, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

High carbon ferro-chrome prices increased modestly in Europe in the week to Tuesday July 25, with market participants beginning to suggest that levels may have bottomed out. [ABSTRACT FROM AUTHOR]

Carbon steel plate prices in the United States were unchanged on Tuesday July 25 in a placid market marked by low volatility and adequate demand, according to market participants. [ABSTRACT FROM AUTHOR]