Paul Lim

Nov 4, 2024 | fastmarkets.com | Paul Lim

Poor demand from end users for imported hot-rolled coil (HRC) was due to high inventories of HRC substrate and poor galvanized (GI) coil exports to Europe and the United Kingdom. “There’s at least a $30 per tonne bid-offer gap between international buyers and Vietnamese offers for GI,” a trader source in Vietnam told Fastmarkets.

Oct 8, 2024 | fastmarkets.com | Paul Lim

The Asian steel industry, a cornerstone of burgeoning economies, has been under intense scrutiny for its heavy reliance on metallurgical coal and iron ore. But steelmakers there are now catching up on ‘going green’ and have started using various methods such as carbon capture technology, high-grade iron ore, hydrogen injection and direct-reduced iron (DRI) to minimize environmental impact.

Oct 7, 2024 | fastmarkets.com | Paul Lim

The launch is targeted at the green long steel markets in Asia, where steelmakers achieving 0-600 kg of carbon dioxide per tonne of steel have started offering premiums for clean, green steel, especially for the construction industry. The new prices will also complement Fastmarkets’ differentials and base prices for flat steel in Europe, Asia and the United States. The initial assessment will be published on Monday October 7.

Aug 28, 2024 | law360.com | James Bergin |Paul Lim

By James Bergin and Paul Lim (August 28, 2024, 2:12 PM EDT) -- This article examines the curious late life of an old law, the Bank Service Company Act,[1] how it has been used by federal banking regulators over time and some recent developments. We will look at potentially evolving applications of the statute and offer practical guidance for both banks and service providers on this old but still vigorous law.... Law360 is on it, so you are, too.

Aug 2, 2024 | irrawaddy.com | Paul Lim

There has been much reporting of the armed resistance’s successes against the junta, which is boosting morale among resistance fighters and their supporters in and outside Myanmar. Mass surrenders by regime troops are also enhancing morale, while the junta’s conscription of young people into its armed forces signals it is weakening and may be in danger of collapse.