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Fastmarkets is launching low-carbon aluminium differentials to its existing European P1020 and value-added product (VAP) premium contracts in $ per tonne to meet market demand for a low-carbon aluminium pricing mechanism.
Global ferrous scrap prices have yet to hit the buffers in their downward plunge. Buyers in Asia were holding back from purchases in the week ended Friday January 29, swooping in only for low-priced cargoes, but demand from China could support prices in the near term.
The price of shredded steel scrap imported into India and Pakistan moved down in the week ended Friday January 29 on fresh trades heard in the market, sources told Fastmarkets.
Friday’s confirmation that China had booked 2.1 million mt of US corn from the 2020/21 marketing year was among the more…
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