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Proposal to amend load port of metallurgical coal spot HCC, PCI price assessments
Fastmarkets proposes to amend the load port of its hard coking coal and pulverized coal injection (PCI) spot prices, fob DBCT, to fob eastern Australian ports, from the current basis of Dalrymple Bay Coal Terminal, Australia.
February 10, 2025
·
By Jessie Li
Insights
Delayed amendment to name of nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China
The amendment to the name of the price assessment for nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China has been delayed following a reporter error. Fastmarkets decided to amend the name of the price assessment, shortening it to nickel ore with 1.8% nickel content, following a […]
February 10, 2025
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By Dylan Duan
Insights
Proposal to launch two US 400 series stainless steel assessments
Fastmarkets proposes to launch two price assessments for 400 stainless steel: stainless steel 409 cold-rolled sheet, fob mill US, $/cwt and stainless steel 430 cold-rolled sheet, fob mill US, $/cwt.
February 7, 2025
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By Chris Kavanagh
Insights
Proposal to amend settlement date of US stainless scrap consumer assessments
Currently, its suite of consumer stainless scrap assessments settle on the 10th of each calendar month in line with the publication deadline of the US ferrous scrap settlement. North American ferrous scrap prices settle on or before the 10th of the month, per Fastmarkets’ methodology, which can be found here. US domestic ferrous markets are taking […]
February 7, 2025
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By Amy Hinton
Insights
Slight uptick in lumber prices after tariffs delayed 30 days
A 30-day delay in implementation of tariffs on Canadian shipments to the US reset recent trends in framing lumber markets. Sales picked up in most regions and species, but higher quotes early in the week retreated nearer to last week’s levels. Western S-P-F sales were mixed, but several secondaries reported their strongest days of the […]
February 7, 2025
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By Joe Pruski, the Fastmarkets team
Insights
Market reacts cautiously to China’s immediate export control on certain critical metals: sources
China has introduced new export controls on five critical metals and related technologies, effective from February 4.
February 7, 2025
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By Nico Zhang
Insights
Solar power technology evolution triggers decline in gallium demand
The photovoltaic (PV) solar power industry is continuing to evolve, but demand for gallium as a doping element in silicon-based PV cells is gradually declining, market participants told Fastmarkets early in 2025.
February 7, 2025
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By Nico Zhang
Insights
2024 Biodiesel imports and exports fall to lowest level since 2020
US Census Bureau data released on Wednesday, February 5 shows calendar year 2024 imports were 18% below import totals in the same period of 2023, while calendar year 2024 exports were 31% below comparative 2023 exports. Biodiesel imports experienced quarter-on-quarter declines in each quarter during 2024. Imports were expected to fall as the market began […]
February 7, 2025
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By Robert Lane
Insights
Nickel bears on borrowed time
Navigating LME nickel: A cautious optimism amid bearish sentiment
February 6, 2025
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By Andy Farida
Insights
DeepSeek, data centers and copper demand | Hotter Commodities
There’s broad agreement that DeepSeek has upended the artificial intelligence (AI) sector by developing a cutting-edge large language model that uses less computational power, but whether improved AI efficiency cuts demand for copper in the data centers used to power it is a matter of debate.
February 6, 2025
·
By Andrea Hotter
Insights
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