Despite the green steelmaking rhetoric in Europe, the region’s steelmakers will remain dependent on coal for some time to come, while producers in developing economies will continue investments into new coal-based capacity, according to speakers at last week’s Eurocoke Summit in Amsterdam.The green hydrogen-based direct reduction-electric arc furnace route can …

The last several months have been characterised by a number of issues and bottlenecks affecting steel markets and adding to the price momentum of most commodities. According to analysts, two of the main issues noted in 2021 - high freight costs and chip shortages - are here to stay for …

Demand for merchant pig iron continues to accelerate in all traditional buying regions. China's appetite has encouraged the US and Italy to start booking new volumes, and traders to restock in the past week. The resulting activity has lifted prices up, with producers raising offers.

During the first half of …

The last few weeks have been characterised by a general slow-down of steel and raw material prices globally. Some areas, such as North America, continue to hold firm at very high levels, but most regions of the world saw prices correcting from the record levels registered earlier this year. Going …