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Q4 MJP aluminium premium settles at $88/t; up 14% from Q3

Fastmarkets’ benchmark premium for the supply of aluminium to main Japanese ports (MJP) in the fourth quarter of 2020 has settled at $88 per tonne on top of the London Metal Exchange cash price.

October 5, 2020
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By Karen Ng

Insights
RESEARCH: Asian stainless mills coming under pressure

The latest forecasts from Fastmarkets' team of analysts is ready to view.

October 5, 2020
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By Generic people page

Insights
Tata Steel denies reports of Port Talbot sale

Tata Steel Europe has strongly denied reports that it will sell its UK-based asset to Chinese steel giant Jingye.

October 5, 2020
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By Generic people page

Insights
US hot-rolled coil index hits year-to-date high near $31/cwt

Hot-rolled coil prices in the United States have hit a year-to-date high, thanks mostly to tight supply, Fastmarkets understands.

October 3, 2020
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By Generic people page

Insights
CSN to restart No2 blast furnace at Presidente Vargas mill in November

Companhia Siderúrgica Nacional (CSN) is preparing for a November restart of blast furnace No2 at its Presidente Vargas mill in the city of Volta Redonda in southeast Brazil, sources said this week.

October 2, 2020
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By Generic people page

Insights
STEEL SCRAP WRAP: Turkish import prices fall further; SE Asia stable

Steel producers in Turkey returned to the deep-sea scrap markets on achieving lower prices in the week ended Friday October 2, while the Asian markets were largely stable amid reduced availability and holiday absences in the territory.

October 2, 2020
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By Generic people page

Insights
BATTERY RAW MATERIALS MARKET REPORT 02/10: Cobalt metal, intermediates in tight hands

An overview of the battery raw materials markets and their latest price moves.

October 2, 2020
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By Generic people page

Insights
PRICING NOTICE: Amendment to Indian steel plate import assessment

Fastmarkets will change the thickness of its steel heavy plate, 20-60mm, import, cfr main port India, $/tonne price assessment to 10-40mm after a month-long consultation.

October 2, 2020
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By Generic people page

Insights
MORNING VIEW: LME base metals prices little changed, broader markets weaker on Trump news

Base metals prices on the London Metal Exchange were for the most part weaker this morning, Friday October 2, but our focus is on the broader markets because US President Donald Trump has tested positive for Covid-19, which in itself is a major development, but is also going to have ramifications on the run-up to the presidential election on November 3.

October 2, 2020
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By Generic people page

Insights
Large integrateds line up with $50/ton linerboard rise for Nov. 1-2; box price hikes so far at 9-10%

Producers that can make more than 85% of North American containerboard announced $50/ton price increases for linerboard and corrugating medium, effective Nov. 1 or 2. North America’s second biggest boxmaker WestRock announced the containerboard increase along with a 9% increase for its boxes and an 11% increase for its sheets, effective Nov. 1. The containerboard […]

October 2, 2020
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By Gregory Rudder

Insights

Top stories across markets

Veg oils: Markets weighed down by disappointing US blending mandates

Weekly vegetable oils markets commentary

December 5, 2022

By: the Fastmarkets team

Scrap groups unhappy with EU vote to tighten controls on ‘waste’ metal exports to non-OECD nations

Associations representing both metal recyclers and steelmakers in Europe were not satisfied by the result of a vote by the Environment Committee (ENVI) of the European Parliament this week on the proposed revision to the Waste Shipment Regulations (WSR)

December 5, 2022

By: Lee Allen

Saudi Arabia to position itself to be ‘epicenter’ of metals, mining: Ma’Aden CEO

Saudi Arabian multi-metal company Ma’Aden and the government of the Kingdom of Saudi Arabia are seeking to increase the position of the country in the global metals supply chain through further investment into the industry within the country

December 5, 2022

By: Callum Perry

Oman’s Jindal Shadeed will invest over $3 bln in green steel plant

Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4

December 5, 2022

By: Serife Durmus

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