American Metal Market is part of Fastmarkets

Fastmarkets has amended the frequency of its assessments of London Metal Exchange base metals warrant premiums to fortnightly from weekly

Hedging in the steel and ferrous scrap industries in the United States is still not mainstream due to nagging perception issues that contribute to misunderstandings about how it really works, according to panelists at the 37th annual Steel Success Strategies conference in early June

Willingness to pay for steel that advances decarbonization and sustainability goals is gaining ground, suggesting that premium pricing for green steel could be implemented and marking a turnaround from views in the recent past, according to leading service center executives

Fastmarkets is proposing a realignment of its consumer buying prices for No1 bundles and No1 busheling scrap in Detroit, effective from the August 2022 monthly settlement.

Some alumina refineries in China were finding it difficult to make profits in the face of higher production costs and falling alumina prices, raising the risk of production cuts in the future, Fastmarkets heard on Thursday June 9

Fastmarkets used the London Metal Exchange base metals prices at 09:44 GMT for the arbitrage calculations on Thursday June 9, because there was no data available at 08:00 GMT due to a system error.