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Fastmarkets has corrected its consumer buying price for steel scrap no1 heavy melt, delivered mill Cleveland, following updated market information for the domestic ferrous scrap monthly trade in January.
Leading mining companies have recently expanded their exposure to copper via acquisitions rather than through greenfield investments, but new projects are needed to feed an expected rise in demand amid global energy transition trends, market experts have told Fastmarkets
What does 2023 have in store for the US scrap market? Find out today in our monthly US steel scrap price trends outlook
Following a 30 day consultation period, Fastmarkets has realigned its consumer buying prices for No1 busheling in North Carolina and South Carolina respectively, effective from the January 2023 settlement.
After market feedback, Fastmarkets is extending the consultation period on the proposed changes to its pricing methodology for low-carbon ferro-chrome in Europe.
Shortages of high-grade pellet-feed iron ore concentrates and good-quality ferrous scrap such as plate and structural grades mean that direct-shipping iron ore fines are likely to remain the mainstay steelmaking raw material
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