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US ferrous scrap export market quiet
The United States' ferrous scrap export market has quieted, with no deals reported since Monday March 14
March 23, 2022
·
By Lisa Gordon
Insights
Pig iron shortage from lost Ukraine-Russia volumes may be partly covered by other sources
A shortage in the global pig iron market caused by the absence of Ukraine, as well as Russia’s limited ability to sell, can only partially be covered by suppliers from other regions, sources told Fastmarkets on Tuesday March 22
March 23, 2022
·
By Marina Shulga
Insights
Mexican ferrous scrap prices extend upward momentum
Mexican steel scrap prices have increased again for almost every grade in the steelmaking regions of Monterrey and Bajio, with buyers continuing to try to secure supply
March 23, 2022
·
By Felipe Peroni
Insights
Quotas to replace 232 tariffs vs UK: Commerce
The United States and United Kingdom have reached a deal that will replace the Section 232 tariffs applied to US imports of steel and aluminium products from that country with a quota system, the US Department of Commerce announced on Tuesday March 22
March 23, 2022
·
By Lisa Gordon
Insights
Fastmarkets LME Nickel March Average skewed by suspension of market: subscriber notice
The Fastmarkets LME Nickel March Average has been skewed by the suspension of the market followed by the disrupted Officials published for the 8-21st March and the 23rd March. Please see the LME Notice 22/064 Nickel Market Update Resumption of Trading, paragraph 24 in regard to Averages methodology in the event of a disrupted Official. […]
March 23, 2022
·
Insights
Delayed publication of India shredded steel scrap import index
The publication of Fastmarkets’ twice-weekly index for India shredded steel scrap imports was delayed on Tuesday March 22 because of an internal error.
March 22, 2022
·
By Ross Yeo
Insights
HRC index spikes as pig iron soars in US
Another rally in hot band prices is under way in the United States, not long after the coronavirus pandemic and Section 232 tariffs pushed the hot-rolled coil index to break new records in 2020 and 2021
March 22, 2022
·
By Rijuta Dey
Insights
E-fuels will play a ‘niche’ role on roads in future: Department for Transport
Will the role of synthetic fuels be limited in the greener road ahead for vehicles in the UK?
March 22, 2022
·
By Alexandra Chapman
Insights
Nimba Iron Ore signals shift toward African high-grade fines supply
The proposed Nimba Iron Ore Project, owned and managed by High Power Exploration (HPX), may well emerge as the jewel of African high-grade iron ore supply, especially as development of new deposits continues in Liberia and Guinea, which could disrupt the iron ore supply landscape in the future
March 22, 2022
·
By Paul Lim
Insights
US softwood lumber imports hit 15-year high, sizable gains in exports
Imports from offshore suppliers fell sharply in the fourth quarter of 2021, North American offshore exports gained ground after a lackluster start
March 21, 2022
·
By Peter Malliris
Insights
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