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Fastmarkets has suspended the publication of 10 of its CFR Jebel Ali steel pipe prices, effective April 7.
Fastmarkets has decided to launch a bi-weekly price assessment for Chinese grain-oriented electrical steel (GOES) on Friday April 17. The decision follows a one-month consultation period which ended on April 4. The demand for GOES grew alongside the rapid expansion of industries such as power transmission, energy storage, artificial intelligence (AI) data centers, and electric vehicle (EV) […]
The publication of Fastmarkets’ nickel and cobalt mixed hydroxide precipitate (MHP) payable indicators on a CIF China, Japan and South Korea basis on Thursday April 2 was delayed because a reporter error. Fastmarkets’ pricing database has been updated.
Logistics disruptions, sharply higher freight costs and limited raw materials supply are among the main impacts from the ongoing conflict between the US, Israel and Iran on the Middle East’s steel market, Asam Hussain, the chief executive officer of Arabian Gulf Steel Industries (AGSI), told Fastmarkets on Wednesday April 1.
Fastmarkets proposes to amend the publication times and holiday pricing schedule for a number of its base metal assessments for the Asian market, with the proposed changes to come into effect from Monday May 18.
The publication of Fastmarkets’ European low-carbon aluminium differential assessments for Thursday April 2 were delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
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