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Fastmarkets has corrected its steel scrap punchings and plate, broker buying price, fob Cleveland (MB-STE-0653) and its steel scrap punchings and plate, consumer buying price, delivered mill Pittsburgh (MB-STE-0598), both of which were published incorrectly on Monday July 10 due to an input error.
Fastmarkets advises that some monthly regional ferrous scrap markets have not settled for July. Fastmarkets typically settles these markets on or before the 10th of each month.
Southeast Asia’s steel industry faces a long journey to decarbonization and the shift to producing “green steel,” according to Sheren Omega, head of sustainability at one of Indonesia’s leading steelmakers, Gunung Raja Paksi (GRP)
Fastmarkets will reinstate one quarterly US titanium price based on market feedback. The consultation period for four other delisted US titanium prices also remains open.
Restrictions on critical minerals by China cast uncertainty over industry
Fastmarkets will launch a published P0610 purity netback for its aluminium P1020A Rotterdam premiums beginning on August 1, 2023.
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