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Availability and the costs of trucking are now starting to significantly impact the flow of material in continental Europe, putting pressures on supply chains and keeping base metals premiums elevated, participants have told Fastmarkets
Fastmarkets proposes to amend the frequency of its assessments of the London Metal Exchange base metals warrant premiums to fortnightly from weekly.
At least three reasons have been identified by market participants as the key factors constraining demand for high-grade iron ore concentrate and pellet in China – in turn, prompting premium levels to narrow
The first sale of 130mm blast furnace (BF)-based steel billet by a large Indonesian steelmaker was a significant moment for the Philippines import market because it will create more purchasing choice for buyers, sources said on the sidelines of Fastmarkets’ Singapore Steel Forum
War escalation, financial sanctions, rising fuel costs, and lingering trucking challenges contributed to volatile panel and lumber prices
After a one-month consultation period, Fastmarkets has amended the frequency of its China import steel scrap indices.
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