Fastmarkets has corrected its daily hot-rolled coil index, fob mill US, which was published incorrectly on Wednesday October 19 and on Thursday October 6, due to an error.

Scrap metal products were being repurposed as part of the green solution to achieve decarbonization, and some major market participants at the beginning of the recycling chain have been exploring ways to get a slice of the so-called ‘green premium,’ Fastmarkets has heard

Soaring energy prices, particularly in Europe, have dominated headlines globally and have had significant impacts on base metal prices, both on the London Metal Exchange and in physical spot premiums

With soaring European energy prices squeezing margins and curtailing production of various commodities, Fastmarkets explores whether the crisis risks the postponement of investment in renewable power and in the transition to green metals.

Using implied volatility to evaluate price targets

Fastmarkets looked at the 'green' steel key milestones, opportunities and challenges the European industry is facing

Severe droughts during spring and summer and significant pest damage contribute to a substantial decline in yields

The negotiation season for long-term contracts is well under way in many of the base metal markets, and participants globally have noted that the price volatility seen so far in 2022 and the soaring energy costs in Europe have weighed on consumer sentiment

Following a consultation period and market feedback, Fastmarkets will proceed with a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.

Fastmarkets is changing the way it calculates its daily hot-rolled coil index, fob mill US, to align its methodology with other Fastmarkets indices.