The global metals market is moving in a more environmentally friendly direction. Steelmakers around the world are racing to achieve decarbonization goals as they commit to the energy transition under growing scrutiny from global leaders and steel consumers.
In 2022, the World Economic Forum, which represents more than 50 companies, committed to sourcing green steel and low-carbon steel products, including other low-carbon products, by 2030.
As the decarbonization of the steel industry gains momentum, Fastmarkets continues to lead the way with the release of our first set of green steel pricing to the European market. Our new Green Steel Benchmarks include Green Steel Benchmark Prices and Domestic Prices to help define, measure and communicate green standards to support your decarbonization journey.
Our team of senior analysts and price reporters uncover major news and analyze key developments in the clean steel, global scrap and low-carbon commodities markets.
Stay up to date with the latest price dynamics, evolving green commodity strategies, technological advances and market forecasts that are critical to decarbonizing metals markets.
Find out how our Green Steel pricing package can support your green investment decisions while providing industry transparency.
Follow the clean steel conversation and stay up to date with the latest developments impacting the low-carbon economy.
Tata Steel is set to move forward with plans to close the blast furnace at its Port Talbot steelworks in Wales and has called on Britain’s two main political parties to comply with the terms of its plans to develop low-emission electric arc furnaces. The company said on Tuesday, June 11, that The site houses a steel mill.
Sources told Fastmarkets this week that China’s National Development and Reform Commission (NDRC) “Special Carbon Action Plan” will reduce demand for coking coal and iron ore by upgrading existing equipment and switching to electric arc furnaces.
Fastmarkets predicts that global steel production will grow at an average annual rate of 1.4% by the end of this decade, so green steel production methods will need to keep pace.
The US steel industry’s advantage in electric arc furnace (EAF) capacity could prove to be a double-edged sword when it comes to charging a premium for green steel, market sources told Fastmarkets.
Highlights from the European Metal and Steel Dealers Association meeting held on Thursday 16 May in Zurich, Switzerland.
Fastmarkets is proposing to lower the carbon threshold for its European weekly green steel premium and daily implied green steel prices.
Contact us today to find out how you can start using our green steel pricing options and low carbon steel raw material pricing in contract negotiations.
Find out how some leading steel companies are tackling Scope 3 emissions in nine fact-packed sections.
The concept of “green steel” varies widely. Different regions and industries have very different ideas about what green steel is, how to regulate it, and how to achieve it.
Fastmarkets announces two new green steel prices for European domestic markets from Thursday 8 June.
Metals Bulletin • US Metals Markets • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • Jacobsen • Agricensus • Palm Oil Analysis • Random Length • FastMarkets and more
Our forecasts are more than 90% accurate, helping you understand what’s next for the mild steel market.
Find out how the Fastmarkets platform can help you achieve your decarbonization goals in fast-growing metals markets.
Our team of price reporters and editors regularly provides market intelligence and analysis of the biggest challenges facing commodity markets.
Whether you’d like to learn how to become a client of our sales team or want to connect with one of our reporters, we’re here to help.
Overcome uncertainty and make business decisions with confidence using our battery raw material price data, forecasts and key insights.
Metals Bulletin • US Metals Markets • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • Jacobsen • Agricensus • Palm Oil Analysis • Random Length • FastMarkets and more
Benchmark Management Terms of Use | Modern Slavery Act | Standard Subscription Terms |
Post time: Jun-13-2024