As the world’s second-largest iron ore exporter, Brazil is expected to play a key role in helping the global steel industry slash carbon dioxide (CO2) emissions; Brazilian companies are already taking action to mitigate greenhouse gas (GHG) protocol Scope 3 emissions — those encompassing the entire value chain.
27 November 2023
Renato Rostás, Gabriela Brumatti
The Russian pig iron export market went up again during the week to Thursday November 23 on good demand, Fastmarkets has heard.
24 November 2023
Marina Shulga
The Middle East-North Africa (MENA) region is highly likely to become an export hub for hot-briquetted iron (HBI) and direct-reduced iron (DRI), according to speakers at a panel discussion at Fastmarkets’ Middle East Iron & Steel Conference in Dubai this week.
23 November 2023
Marina Shulga
Hot-briquetted iron (HBI) and direct-reduced iron (DRI) might well attract green premiums, but they will depend on the strength of demand, according to speakers in a panel discussion at Fastmarkets’ Middle East Iron & Steel Conference in Dubai this week.
23 November 2023
Marina Shulga
Chinese import prices for basic pig iron rose in the two weeks to Thursday November 23 amid higher prices in the Chinese domestic market, sources told Fastmarkets.
23 November 2023
Shu Yi Zheng
Rio Tinto's Iron ore Company of Canada (IOC) is increasing the share of direct reduction (DR) pellet production amid the global decarbonization drive, IOC's principal adviser technical marketing, Willemijn Husslage, said in a presentation at Fastmarkets' Middle Iron & Steel Conference.
23 November 2023
Alice Li
Canadian miner Champion Iron is aiming to produce up to 7.5 million tonnes of direct-reduction (DR) pellets per year at its Bloom Lake project - roughly half its production capacity - to cater for the switch to electric-arc furnace steelmaking, according to its vice president sales, technical marketing & product development, François Lavoie.
23 November 2023
Alice Li
Exports of steel products from the Mediterranean region were expected to gain momentum in 2024, supported by changes in monetary policy in some countries, the need for foreign currency as well as the addition of new capacities, according to discussion group members at Fastmarkets’ Middle East Iron & Steel Conference in Dubai on Monday November 20.
21 November 2023
Vlada Novokreshchenova
The markets for pig iron imports in the United States and exports from Brazil went up again during the week to Friday November 17 on a new booking.
17 November 2023
Marina Shulga
The Russian pig iron export market improved during the week to Thursday November 16 on additional sales to Turkey, Italy and Asia.
17 November 2023
Marina Shulga
