Fastmarkets will realign its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.

Steelmakers in Taiwan are planning for severe production cuts this summer amid a surge in electricity costs starting in April, coupled with dismal steel demand in the spot market, sources have told Fastmarkets

Fastmarkets will realign its consumer buying price for ferrous scrap No1 bundles in Cincinnati and Pittsburgh, effective with the May 2023 monthly settlement. The price realignment also includes the consumer buying price for ferrous scrap No1 industrial bundles in Pittsburgh.

The publication of Fastmarkets' European hot-rolled coil indices for Thursday April 20 was delayed due to an error.

There is a real sense among participants that the ferrous scrap markets in Gulf Cooperation Council (GCC) nations may be getting ready to really heat up

Following the transition of its Houston ferrous scrap prices to consumer buying from dealer selling in January, Fastmarkets has published a monthly post-settlement notice detailing month-on-month market changes.

North American steel scrap prices are expected to rise in April, for a fifth straight month, supported by a lingering shortage of certain grades of material and steady demand

Wenbo He, secretary of the Party Committee and executive chairman of the China Iron and Steel Association (CISA), spoke about China's green steel plans at the integration conference of green steel, green energy and green finance industries on March 2

Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 bundles in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.

Fastmarkets proposes to change the publication time of the weekly assessments of Mexican ferrous scrap prices on Tuesdays to “between 2pm and 3pm New York time” from “by 2pm New York time.”