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Fastmarkets has corrected its MB-AL-0379 Aluminium 6063 extrusion billet premium, ddp Italy (Brescia region), inferred low-carbon, and Aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), inferred low-carbon midpoint assessments, which were published incorrectly on Friday April 2, due to a procedural error.
Fastmarkets has corrected its price and rationale for MB-STE-0028 steel hot-rolled coil index domestic, exw Northern Europe and the assessments for MB-STE-0905 green steel base price HRC exw Northern Europe, daily inferred and MB-STE-0912 flat steel reduced carbon emissions, daily inferred, exw Northern Europe, which were published incorrectly on Wednesday April 1.
The annual consultation sought to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The current methodology […]
Until now, aluminium has been hard to move, not hard to find. Global aluminium supply had remained technically intact, even as output was curtailed in parts of the Gulf, inventory buffers were drawn down or repositioned, and shipping through the Strait of Hormuz was severely disrupted.
Fastmarkets proposes to amend the publication times for a number of its technology and energy metals (TEM) price assessments for the Chinese market, with the proposed changes to come into effect from Monday May 18. The prices, currently published in UK working hours, will be published in China working hours after the change to more […]
Global aluminium producers face heightened uncertainty over power supplies, with oil and gas prices elevated by the closure of the Strait of Hormuz, through which around 20% of global oil and liquefied natural gas (LNG) flows, sources told Fastmarkets.
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