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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 […]
The publication of Fastmarkets’ MB-CO-0021 Cobalt hydroxide payable indicator, min 30% Co, cif China assessment on Wednesday December 12 was delayed because of an approver error. Fastmarkets’ pricing database has been updated.
Fastmarkets’ iron ore DR-grade pellet premium indicator was published earlier than scheduled due to an error on Wednesday December 11.
The publication of Fastmarkets’ Japan export steel scrap assessments for Wednesday December 11 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ price assessments for MB-SN-0011 tin Grade A min 99.85% ingot premium, ddp Midwest US, $/tonne; MB-SN-0036 tin 99.85% ingot premium, in-whs Baltimore, $/tonne; and MB-ZN-0005 zinc SHG min 99.995% ingot premium, ddp Midwest US, US cents/lb for Tuesday December 10 was delayed due to an editor error.
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