Hector Forster

May 9, 2024 | spglobal.com | Hector Forster |Karen McBeth

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Coal | Metals | Shipping Highlights New production plans in US targeting Asia Asian steel output remains strong US spot prices increasingly shaped by Asian demand This five-part story series examines the coking coal market from a few angles. This first part focuses on in spot markets.

May 2, 2024 | spglobal.com | Hector Forster

US metallurgical coal exports have seen growth fueled by Asian demand over the past few years. The potential for seaborne volumes to grow hinge on expansions in blast furnace steelmaking and met coke production in India, China and Southeast Asia. With the projected economic expansion in emerging Asian markets, long-term steel demand is also anticipated on the back of increased activities in construction and infrastructure as well as higher local auto and consumer products demand.

Dec 28, 2023 | spglobal.com | Hector Forster

The scale of new European steel projects focused on bringing on more than 20 million mt of direct-reduced iron capacity using natural gas and hydrogen by 2030 may pressure available iron ore pellet supplies, spurring further innovations while potentially delaying a wider rollout of lower-emission steel. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.

Dec 7, 2023 | spglobal.com | Hector Forster

The spread between European hot-rolled coil steel and raw material prices rebounded in November from October's low, aided by higher spot steel prices and lower coking coal costs. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. HRC prices recovered in November from a three-year low to ease cost pressure for steel margins while a stronger euro aided costs, according to a Dec. 7 analysis by S&P Global Commodity Insights.

Nov 23, 2023 | spglobal.com | Hector Forster

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.