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Fastmarkets confirms it will discontinue its lithium contract assessments after their final publication date of Tuesday, December 24.
After market feedback, Fastmarkets is extending the consultation period for its proposal to discontinue its MB-STE-0423 Steel scrap shredded, index, delivered Midwest mill, $/gross ton; its MB-STE-0424 Steel scrap No1 heavy melt, index, delivered Midwest mill, $/gross ton and its MB-STE-0882 Steel scrap No1 busheling, indicator, delivered Midwest mill, $/gross ton, effective January 2025.
Fastmarkets invites feedback on the pricing methodology for its aluminium 6063 extrusion billet premiums ddp Italy, ddp North Germany and ddp Spain ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts from January 2026.
The publication of Fastmarkets’ MB-ALU-0001 Alumina metallurgical grade, exw China, yuan/tonne for Thursday December 12 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
An accident on the major Moselle river earlier this week has led to some steel companies based in Germany and neighbouring countries scrambling for alternative logistical solutions to complete orders and source raw materials, Fastmarkets heard on Wednesday December 11.
The proposal follows market feedback and data collected by Fastmarkets, which suggested that the price assessment is not a major price benchmark or key reference for market participants. Specifically, Fastmarkets is proposing to discontinue:MB-STE-0164 Steel wire rod (mesh quality) domestic, ex-whs Eastern China, yuan/tonneQuality: Q235B, diameter 6.5-10mmQuantity: 40-1,000 tonnesLocation: Ex-warehouse ShanghaiTiming: SpotUnit: RMB/tonnePayment terms: Prompt […]
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