PRICING NOTICE: Amendment to publication time of weekly India HMS scrap assessment
Fastmarkets has amended the publication time of its India HMS steel scrap price assessment after a one-month consultation period.
Steel news
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ASIA STEEL SCRAP DIGEST: S Korea focuses on Japanese market amid deep-sea rise
A sharp rise in deep-sea import prices across Asia has led to South Korean buyers considering Japanese scrap deals this week, market sources told Fastmarkets on Friday October 22.
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Metalloinvest to build world's largest HBI facility
Russia’s Metalloinvest plans to construct the world's biggest hot-briquetted iron (HBI) facility, to help speed up the transition to green steel production, the company said this week.
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PRICING NOTICE: Amendment to name for Japan export Shindachi steel scrap price
Fastmarkets has modified the name of one of its Japan steel scrap export prices to clarify the exact grade being assessed in the market.
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STEEL SCRAP WRAP: Sharp price increases across globe amid stronger demand
Higher demand in key consumer markets led to a jump in steel scrap prices across all major markets in the week to Friday October 15, sources have told Fastmarkets.
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COKING COAL DAILY: PCI prices up in cfr, fob market amid supply tightness
Seaborne coking coal prices stayed largely stable in the cfr China market but decreased in the fob market on Friday October 15, amid weak offers and bids.
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ASIA STEEL SCRAP DIGEST: China demand rises amid relaxation in power rationing
Less stringent restrictions on power supply in some areas of China have led to a boost in steel production levels and ferrous scrap demand at some mills in recent days,...
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PRICING NOTICE: Proposal to amend specifications of CIS export flat steel prices
Fastmarkets proposes a realignment of the specifications for its export flat steel price assessments from the Commonwealth of Independent States following market changes.
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ASIA STEEL SCRAP DIGEST: South Korea buys Japanese scrap at higher prices
Prices for imports of steel scrap to South Korea have risen sharply over the past week amid a rise in export prices from Japan and the United States, market participants...
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LME WEEK 2021: Metal firms increasingly rely on informal deals to navigate freight crisis
Metal market participants have been forced to take creative approaches to ensure they can continue trading amid an intensely challenging freight environment, sources told Fastmarkets.