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Open consultation on methodology for Manila steel billet price assessment – final decision
Fastmarkets invited feedback from the industry on the pricing methodology for steel billet import, cfr Manila, $/tonne (MB-STE-0141) via an open consultation process between February 14 and March 15, 2022.
March 21, 2022
·
By Lee Allen
Insights
Brazil at steel decarbonization crossroads; charcoal, gas short-term options
Brazil, a country that already emits less greenhouse gases (GHG) per tonne of crude steel produced than the global average, seeks in charcoal and natural gas a way to take short-term steps on its lengthy decarbonization road, but its legacy integrated steelmaking capacity could be a hurdle
March 21, 2022
·
By Renato Rostás
Insights
Publication of LME closing, official nickel prices
Fastmarkets is publishing the below statement from the London Metal Exchange in relation to the publication of official and closing prices for nickel.
March 17, 2022
·
Insights
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
·
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
·
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
·
By Claire Patel-Campbell
Insights
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