FastMarkets

Fastmarkets' proposal to launch Pakistan import HMS assessment

Fastmarkets proposes to launch a weekly Pakistan import HMS steel scrap assessment to complement Fastmarkets’ existing steel scrap prices in the South Asia region.

South Korea import scrap demand wanes amid falling local market, Japan price

A likely decline in the South Korea domestic steel scrap price and lower Japan export and local prices has resulted in a drop in buying interest in South Korea in...

Carbon offsets, trading can overcome the looming green-tax challenge

Carbon offsets and trading are an effective and quick way to contend with a future global ecosystem of green taxes, or the "green taxonomy," a sustainability consultancy said

China decarbonization could create graphite electrode shortage amid more EAF steelmaking

China’s decarbonization drive could result in increased demand for graphite electrodes amid the global trend toward more steelmaking based on electric-arc furnaces (EAFs), although supply risks may continue in the...

Vietnam demand for scrap thin amid Covid-19 waves, billet lull

Spot prices for imported ferrous scrap in Vietnam were lower week on week amid continued waves of Covid-19 in the country and a lull in demand for Vietnamese billet from...

Taiwan secures scrap at lower prices; braces for potential uptrend

Taiwanese buyers have secured imported containerized ferrous scrap from the United States at lower prices this week.

Fastmarkets to liberalize deal inclusion for steel scrap month-to-date deal weighted average pric...

After a consultation period, Fastmarkets has liberalized the criteria for deals to be included in the calculations for the steel scrap month-to-date deal weighted average price, cfr Turkey.

Fastmarkets increases frequency of iron ore VIU indices

Fastmarkets is increasing the frequency of iron ore value-in-use indices from weekly to daily from Monday November 1.

VIETNAM STEEL SCRAP: Prices slip amid China plunge, weaker demand for billet

Spot prices for imported ferrous scrap into the key Vietnamese market slipped in the week to Friday October 29, on weakening sentiment caused by sharp losses in the ferrous complex...

AT A GLANCE: Glencore’s coking coal production in Q3 up 32% year on year

A summary of Glencore’s 2021 third-quarter production report for the coal sector, released on Friday October 29.