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Fastmarkets will launch two new Brazilian premium spot assessments for aluminium P1020A, delivered Sao Paulo region on Tuesday March 5 to better reflect the two-tier market created by the different state value-added tax (VAT) rates, known as the ICMS tax.
Market participants seem to have abandoned expectations of a “Golden March and Silver April” in China’s ferrous market due to a slow restart of construction, as well as maintenance of steelmaking facilities planned for March, sources told Fastmarkets
The rising interest for low-carbon primary aluminium within East Asia is clear, although its ability to command a premium remains uncertain, according to market participants
An ongoing disruption to trade via the Red Sea and recent strength in some Asian markets are providing support to aluminium premiums across Europe, despite a continued period of low regional demand, participants have told Fastmarkets
This week marks two years since Russia invaded Ukraine on February 24, 2022, but despite the resulting threats and challenges thrown up by the war, the Ukrainian steelmaking sector has managed to adapt. Here, Fastmarkets recaps the key changes
Amid inflation and a global economic slowdown, BHP’s outlook for the steel industry in China, the world’s largest steel producer, has become less optimistic
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