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PRICING NOTICE: Open consultation on methodology for Northern Europe, US HRC indices – final decision

Fastmarkets invited feedback from the industry in an open-consultation process on the pricing methodology for its Northern Europe and United States hot-rolled coil indices.

July 21, 2021
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By Grace Asenov

Insights
German farmers fear longer harvest, smaller wheat crop on freak rains

For the last few weeks, European market participants have raised concerns over pending logistics issues and delays to the…

July 20, 2021
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By Veronika Prykhodko

Insights
First trades for Fastmarkets-linked LME aluminium duty-paid contract

The London Metal Exchange’s new aluminium duty-paid European premiums contract, which is settled against Fastmarkets’ assessment, traded for the first time on Tuesday July 20.

July 20, 2021
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Insights
PRICING NOTICE: Correction to assessment for high-carbon ferro-chrome, Europe

Fastmarkets has corrected its weekly price assessment for European high-carbon ferro-chrome (60-70% Cr), which was published incorrectly on Tuesday July 20 due to an error in the review process.

July 20, 2021
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By Jon Stibbs

Insights
Cristiano Teixeira named Latin American CEO of the Year

Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), has announced that Cristiano Teixeira, chief executive officer of Klabin, has been named the 2021 Latin American CEO of the Year for the pulp and paper sector.

July 20, 2021
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Insights
MORNING VIEW: Base metals prices on LME rebound after broad-based weakness on Monday

Base metals prices on the LME were up across the board this morning, Tuesday July 20, while the SHFE followed Monday's weakness, which was triggered by growing fears over the potential impact of the Delta variant of Covid-19 on the global economic recovery.

July 20, 2021
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By William Adams

Insights
Severe outbreaks of African swine fever in Sichuan bring fresh fears for China’s farm

The last outbreak of ASF in 2018 and 2019 left the world’s largest pig producer and consumer with its populations slashed by a third. Can we expect the same, if not worse, this time?

July 20, 2021
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Insights
Solar to power CMC’s new Arizona mill

Is the switching to scrap-based electric-arc furnace (EAF) steel production enough to get the industry to net-zero carbon dioxide emissions? The answer is probably not.

July 20, 2021
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By Robert England

Insights
Historic crop loss expected as new frosts hit Brazilian corn areas

The week has begun with the already-shattered corn market going through yet another blow as…

July 19, 2021
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By Eduardo Tinti

Insights
Uncertainty in Asia forward buying of Black Sea new crop wheat

Traders grapple with high freight prices, Russian tax changes and extreme weather concerns. What does this mean for forward bookings of new crop Black Sea wheat?

July 19, 2021
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Insights

Top stories across markets

Optimus Steel’s doubling of Texas mill capacity aimed at expanding rebar, wire rod market share

Optimus Steel’s ongoing expansion and upgrades at its Beaumont, Texas facility since 2021 will – by the time of completion in late 2024 – double its rolling capacity from 800,000 tons per year to 1.6 million tpy

June 15, 2023

By: the Fastmarkets team

China’s auto sector recovers in May, but raw materials market mixed

China’s automotive output and sales posted year-on-year growth in May amid measures to promote consumption during the May Day holiday and due to a low base a year earlier, the China Association of Automobile Manufacturers (CAAM) said

June 15, 2023

By: the Fastmarkets team

How will aluminium prices trend in June 2023?

Aluminium prices continue to be affected by several factors in June 2023 and were trending lower on the LME earlier this month despite the pick-up in Chinese services in May

June 14, 2023

By: the Fastmarkets team

EV withdrawal from RVO package raises hopes for biodiesel lift

The Environmental Protection Agency (EPA) proposes new figures for biofuel allowance

June 14, 2023

By: the Fastmarkets team

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