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A purchasing manager’s guide to offsetting price risk exposure
As a purchasing manager, you might have learned that it’s prudent to “buy when you can, not when you need to.” This saying is pertinent because once input prices start to rise, finding a source at a reasonable price can be challenging. One way to mitigate your risk of increasing costs is to use a […]
March 17, 2022
·
By David Becker
Insights
Lack of direct sanctions against Russian aluminium fails to halt rapid advance of premiums in Europe
The European aluminium industry fretted over the availability of Russian material the last time sanctions were applied in 2018, but with premiums already pushing to near all-time highs following Russia's invasion of Ukraine, it's clear the market's reaction is very different this time around.
March 17, 2022
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By Imogen Dudman
Insights
Europe steel sections prices jump on soaring HRC costs, low availability
The price of steel hollow sections in the European domestic market jumped sharply again this week amid soaring costs and limited availability of hot-rolled coil (HRC) feedstock, sources told Fastmarkets on Wednesday March 16
March 16, 2022
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By Ross Yeo
Insights
Appraising global wheat supply options amid Black Sea supply loss
Global wheat markets react to the Russia-Ukraine conflict
March 16, 2022
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Insights
LME officials and close (evals) for nickel from 16 March onwards: subscriber notice
The follow text is from the LME and concerns the publication of nickel officials and closing (evals) prices from 16 March onwards. “LME Official Prices and Closing Prices may from time to time be affected by Disruption Events. Where a Disruption Event occurs, the LME will continue to publish the values that it determines between […]
March 16, 2022
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Insights
Proposal to amend US plate publication day
Fastmarkets proposes to amend the publication day of the weekly US steel cut-to-length plate price assessment from Fridays to Tuesdays.
March 15, 2022
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By Abby Verret
Insights
Chromite sector lags behind dominant chrome ore prices
Prices for foundry and chemical grade chromite have been slow to respond to the boom so far this year in the metallurgical market
March 15, 2022
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By Claire Patel-Campbell
Insights
Europe to prohibit imports of iron, steel from Russia
The European Commission announced its fourth package of restrictive measures against trade with Russia on Friday March 11, in response to that country’s invasion of Ukraine
March 15, 2022
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By Serife Durmus
Insights
European P1020 duty paid premiums rally, up 13% since the beginning of March
Tight availability of primary aluminium in Europe continues to push premiums higher, with Fastmarkets’ duty paid Rotterdam premium hitting a fresh all-time high
March 15, 2022
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Insights
European, US aluminium PFA premiums hit new all-time highs
Primary foundry alloy (PFA) premiums reached new all-time highs in both Europe and the United States in the month to Monday March 14, following increased supply concerns in both regions related to the Russian invasion of Ukraine
March 15, 2022
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By Orla O'Sullivan, Imogen Dudman
Insights
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