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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
·
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
·
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
·
By Orla O'Sullivan, Imogen Dudman
Insights
Iron ore market spooked by rising Covid-19 cases in China, limited demand for steel
Seaborne iron ore prices fell sharply on Monday March 14, amid rising concerns over the increase in new Covid-19 cases in several areas in China and the weakening of demand for steel, sources told Fastmarkets
March 15, 2022
·
By Alex Theo
Insights
US Midwest aluminium premium nears possible ‘tipping point’ of 40 cents per lb
Despite the belief in some quarters that the benchmark aluminium premium in the United States had finally peaked, the P1020 premium rose to yet another all-time high on Friday March 11, approaching 40 cents per lb
March 15, 2022
·
By Orla O'Sullivan
Insights
Market imbalances for rare earths persist
Supply challenges persist to meet rising rare earths demand, reports Davide Ghilotti
March 14, 2022
·
By the Fastmarkets team
Insights
Correction to Carolinas ferrous scrap prices
Fastmarkets has corrected its ferrous scrap consumer buying prices for North and South Carolina, which were published incorrectly on Thursday March 10 due to a reporter error.
March 11, 2022
·
By Sean Barry
Insights
Delayed publication of monthly US/Europe calcined alumina prices
The publication of Fastmarkets’ monthly US/Europe calcined alumina price assessments was delayed from Thursday March 3 due to a reporter error.
March 11, 2022
·
By Janie Davies
Insights
Export prices for Chinese steel plate increase on war-fueled active buying
Export prices for Chinese heavy plate increased in the week to Tuesday March 8 amid active trading, which was partly fueled by fears over tightening supply amid the ongoing Russia-Ukraine war
March 10, 2022
·
By Min Li
Insights
UK secondary aluminium prices reach record-highs on unprecedented scrap costs
Prices for secondary aluminium ingot in the UK reached new all-time highs in the week to Wednesday March 9 on increased demand and unprecedented prices for scrap grades across the country
March 10, 2022
·
By Imogen Dudman
Insights
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