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Following extensive market engagement, Fastmarkets is again extending the consultation period for amendments to the specification of its daily price for steel billet, import, cfr Southeast Asia to provide additional time for market participants to submit feedback.
China will actively promote the development of offshore wind power as part of its effort to build clean energy infrastructure across the country, according to a carbon neutrality action plan issued by State Grid Corporation of China on Monday March 1.
Base metals prices on the London Metal Exchange were in consolidation mode on Tuesday March 2, with tin declining slightly following a near 9% dive on Monday and nickel decreasing by 1%, amid a stronger US Dollar Index, which is at its highest since the first week of February.
After a month-long consultation, Fastmarkets is amending the frequency of its copper cathode premium cif Rotterdam pricing to fortnightly from weekly.
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