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Fastmarkets proposes to amend the name of its nickel mixed hydroxide-precipitate expressed price assessment and to amend the nickel content specifications to reflect the market more closely.
Fastmarkets has implemented a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.
Fastmarkets has corrected its consumer buying price for stainless steel scrap 430 bundles and solids, delivered mill Pittsburgh, following a calculation error for the monthly assessment in January.
Steelmakers in the United States reportedly are charging customers less in the South and more in the Midwest mainly due to three factors: differences in import penetration, end-market demand and cost structure, according to market participants — a disparity highlighted by Fastmarkets’ new index for the southern region
Following a one-month consultation, Fastmarkets has adjusted its coking coal index methodology to increase transparency by incorporating data from physical trading platforms.
Following a one-month consultation, Fastmarkets has amended the laycan timing and unit of its coking coal indices to better reflect the coking coal spot market.
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