FastMarkets

PRICING NOTICE: Proposal to update Fastmarkets Metals & Mining assessment methodology

Fastmarkets is launching a one-month consultation on several proposed updates to the wording of its assessment methodology.

NEWSBREAK: China to increase export taxes on pig iron, ferro-chrome

China will raise its export tariffs on ferro-chrome and high-purity pig iron from August 1, its Ministry of Finance said on Thursday July 29.

SOUTH ASIA STEEL SCRAP: Markets steady on slow trading

Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.

Vietnam Steel Association leads pushback against proposed billet export tax

The Vietnam Steel Association (VSA) is leading an industry-wide pushback against the country’s proposed export tax of 5% on steel billet, it said on Friday July 23.

CHINA STEEL SCRAP: Buyers consider new scrap origins

Some Chinese mills are seeking alternative scrap import suppliers because of expensive offers for Japanese heavy scrap (HS), sources said on Friday July 16.

SSF 2021: Automotive producers likely to lead the drive to ‘green steel’

Automotive producers are likely to be the first downstream sector to shift toward using “green steel,” Saudi Arabian steel producer Sulb Co's chief executive Ravi Singh told delegates at the...

PRICING NOTICE: Proposal to launch two indices for cfr China steel scrap

Fastmarkets proposes to launch two indices for cfr China ferrous scrap prices.

RESEARCH: Drop in global auto output causes steel scrap price spreads to widen

The latest forecasts and analysis of the ferrous scrap and iron metallics market from the Fastmarkets research team are ready to be viewed.

INFOGRAPHIC: Global coking coal imports hit by Covid-19

All the world’s major coking coal importers reduced their purchases in 2020 amid steel production cuts and lockdowns caused by the Covid-19 pandemic.

INFOGRAPHIC: China imports more iron ore in 2020 despite Covid-19

China bucked the trend among major iron ore importers by continuing to increase its purchases of the steelmaking raw material from abroad in 2020.