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The new year is likely to show a modest pick-up in overall North American automotive production that will, in turn, boost demand for key steel product sectors, such as cold-rolled coil, galvanized sheet and special bar quality steel, according to industry analysts and market participants.
President Joe Biden has followed up on his threat to block the $15 billion acquisition of US Steel by Japan’s Nippon Steel.In a statement released early on Friday January 3, President Biden cited national security concerns for his decision, despite US Steel’s own objections and an inconclusive Committee on Foreign Investment in the United States […]
After a month-long consultation period, Fastmarkets has amended the frequency of these US base metals, following mostly positive feedback from market participants and internal data analysis. The main pricing day will continue to be Tuesdays at 3-4pm London time, but these tin, lead and nickel premiums will be assessed once a month instead of fortnightly […]
Ferro-silicon buyers in Europe have been increasingly asking for green certificates and carbon emissions data when sourcing material over the past few weeks, several sources told Fastmarkets.The trend has accelerated since November 2024 after starting earlier that year and is expected to ramp up into 2025, sources said. “There has been more interest [on] this […]
Fastmarkets will discontinue its MB-PB-0099 lead 99.99% ingot premium, delivered Midwest US price assessment as of January 7, 2025.
European imports of pipeline natural gas from Russia via Ukraine have ended, putting the region’s metals smelters and refineries on alert for potential hikes in operational costs.
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