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Delayed publication of iron ore DR grade pellet premium indicator
The publication of Fastmarkets’ MB-IRO-0186 iron ore DR grade pellet premium indicator for Wednesday June 12 was delayed due to an error in the review process.
June 12, 2024
·
By Vlada Novokreshchenova
Insights
China’s ‘special action plan for carbon reduction’ likely to shrink demand for traditional steelmaking raw materials
A “special action plan for carbon reduction” unveiled by China's National Development & Reform Commission (NDRC) will reduce the need for coking coal and iron ore by focusing on upgrading existing equipment and the switch to electric-arc furnaces, sources told Fastmarkets this week
June 12, 2024
·
By Bella Cheng
Insights
European soft wheat production forecast at 134.5 million tonnes
Updated forecast by trade association Cocereal pegs 2024 wheat crop slightly higher than previous projections
June 12, 2024
·
By Sam Balf
Insights
Aurubis begins commissioning of Georgia copper smelter, eyes black mass recycling
Germany-based copper recycling and non-ferrous metal provider Aurubis has started commissioning their secondary smelter in Augusta, Georgia, and could eventually introduce black mass recycling to the facility
June 12, 2024
·
By Rae Boyadjis
Insights
Proposal to discontinue two Chinese used cooking oil price assessments
Fastmarkets proposes to discontinue its weekly price assessments for AG-UCO-0013 UCO, Chinese flexi-tank, CFR Antwerp, Rotterdam, Amsterdam, and AG-UCO-0012 UCO, Chinese bulk, CIF Antwerp, Rotterdam, Amsterdam.
June 11, 2024
·
By Veronika Prykhodko
Insights
Clarification of European animal fats price specifications
Fastmarkets wishes to clarify the specifications for its European animal fats price assessments.
June 11, 2024
·
By Veronika Prykhodko
Insights
US wheat stocks output projected to be higher while global stocks lower
A report by the USDA forecasts an increase in US ending stocks for 2024/25 to 769 million bushels, alongside a slight decrease in global stockpile estimates.
June 11, 2024
·
By Mark Shenk
Insights
LME base metals prices mixed; China on holiday
Base metals on the London Metal Exchange were mixed in morning trading on Monday June 10, with three-month prices lacking direction amid thin traded volumes due a public holiday in China, the largest market for base metals
June 10, 2024
·
By Albert MacKenzie
Insights
What to expect from global lithium hydroxide prices in 2024
Fastmarkets provide an overview of lithium hydroxide’s recent global performance across key regions and offer insights into what 2024 might hold for battery manufacturers, energy sector analysts and lithium hydroxide buyers.
June 10, 2024
·
By the Fastmarkets team
Insights
Chinese rare earth prices continue to fall amid low demand
Low demand from China’s magnet manufacturing sector continued to drive down rare earth prices on domestic and export markets, with suppliers cutting prices to close sales, sources told Fastmarkets in the week to Thursday June 6
June 7, 2024
·
By Caroline Messecar
Insights
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