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GM to collaborate with Queensland Pacific Metals for nickel and cobalt supply
United States automotive firm General Motors (GM) announced it has entered a collaboration agreement with Australia-based miner Queensland Pacific Metals (QPM) for nickel and cobalt sulfate supply
October 12, 2022
·
By Callum Perry
Insights
Rebar-shred spread historically high in 2022, likely to narrow through 2023
Rebar prices have maintained historically high spreads over those of shredded scrap — the steel product’s key feedstock — in 2022 due largely to robust end-use demand, but that gap is expected to narrow in 2023, according to Fastmarkets analysts
October 12, 2022
·
By Abby Verret
Insights
Delayed publication of Mexican scrap prices
The publication of Fastmarkets’ Mexican scrap prices was later than scheduled on Tuesday October 11 due to a reviewer error.
October 11, 2022
·
By Grace Asenov
Insights
Shanghai-bonded zinc stock data delayed until Monday October 10
Fastmarkets' monthly Shanghai bonded zinc stock data scheduled for Friday September 30 was updated on Monday October 10 instead due to delays in publishing during the recent public holiday in China.
October 11, 2022
·
By Jinfan Yang
Insights
Proposal to adjust Houston ferrous scrap [update]
Following a consultation period and market feedback, Fastmarkets has realigned its dealer selling price for turnings in Houston, effective from the October 2022 monthly settlement.
October 10, 2022
·
By Sean Barry
Insights
Further downside expected in US ferrous scrap trade
The United States ferrous scrap market remains depressed with some sellers no longer holding out hope that a bottom is near
October 10, 2022
·
By Lisa Gordon
Insights
Vale, SHS sign MoU to seek carbon-neutral steelmaking solutions
Brazilian iron ore producer Vale signed a memorandum of understanding (MoU) with Germany-headquartered steel group Stahl-Holding-Saar (SHS) to seek carbon-neutral steelmaking solutions, the miner said on Thursday October 6
October 10, 2022
·
By Renato Rostás
Insights
Proposal to adjust steel HDG all-in assessment
Fastmarkets is proposing to adjust its weekly all-in assessment price for steel hot-dipped galvanized coil, following an amendment to the included zinc coating extras effective Thursday October 6.
October 6, 2022
·
By Alesha Alkaff
Insights
Direct-reduced iron ore pellet premium falls at the start of October on oversupply
The premium for direct-reduced (DR) iron ore pellet for shipment in October-December has dropped, mainly on oversupply, sources said in late September
October 6, 2022
·
By Marina Shulga
Insights
‘Green’ copper premiums the talk of the town in European copper market
Sustainable sourcing of metals is one of the most talked about issues for markets in 2022, dominating the discussion at conferences and in many markets entering their annual contract negotiation seasons. Copper is no different
October 6, 2022
·
By Callum Perry
Insights
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