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Steel prices are expected to rise
Steel prices are expected to rise again soon. |
Four takeaways from the Global Steel Dynamics conference
Taking center stage this year were questions over premiums on and standards for green steel, carbon tariffs at the border, the stability of scrap supply in the US and hydrogen’s promising role in decarbonizing steel production. |
US Scrap Trends Outlook: July
North American steel scrap prices could face their third consecutive month of decline across all grades in July as traditional summer production slowdowns hinder demand. |
Climate change presents ‘once-in-a-century’ opportunity for commodities traders: TELF
In a highly energy-intensive and carbon-generative industry like ferro-chrome, producers naturally have a growing focus on their energy usage and emission levels and what they can do to mitigate them, especially while end users increasingly look to solidify th... |
AISI: US Raw Steel Production in the week ending on July 1, 2023
Broken down by districts, here’s production for the week ending July 1, 2023 in thousands of net tons: North East: 137; Great Lakes: 563; Midwest: 215; Southern: 758 and Western: 67 for a total of 1740. |
Ferrosilicon Futures close at 6976 on July 6, 0.46%
The 2306 ferrosilicon contract price on ZCE closed at 6976 yuan per ton on July 6. |
Concentration ratio of Chinese ferro-alloys may continue to rise: Shi
Inner Mongolia is by far the biggest in terms of market share in the first four months of 2023, with 36.34%, while Ningxia was second on 12.24%. |
Ferro-alloys futures a hedging tool for steelmakers
With the rapid development of ferro-alloys futures trading, Chinese steelmakers are increasingly using the newly-introduced futures-spot basis pricing pattern to hedge risk, according to Hao Zhu. |
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