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PRICING NOTICE: Proposal to launch standalone iron ore pellet premium index
Fastmarkets is proposing to launch a weekly iron ore pellet premium index to reflect the spot premium that "tier one" pellets achieve to its 65% Fe fines index on a cfr China basis. This would replace its existing implied pellet premium, which would be subsequently discontinued.
March 3, 2021
·
Insights
FOCUS: Key effects of China’s latest industrial crackdown in Tangshan on steel sector
A crackdown on industrial activity in Tangshan, China’s steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.
March 3, 2021
·
By Alex Theo
Insights
HRC hits another record high in US; spot tons elusive
Hot-rolled coil prices in the United States climbed again, surpassing the record high established the previous day, after market participants noted an acute shortage of spot-market material.
March 3, 2021
·
By the Fastmarkets team
Insights
Chile copper production down 0.7% year on year in January
Chile produced 457,100 tonnes of copper in January, down by 0.7% from 460,100 tonnes in the same month in 2020, the Chilean copper commission, Cochilco, said on Tuesday March 2.
March 2, 2021
·
By Renato Rostás
Insights
LIVE FUTURES REPORT 02/03: LME nickel drops 1%, tin above $23,500/t
Base metals prices on the London Metal Exchange were in consolidation mode on Tuesday March 2, with tin declining slightly following a near 9% dive on Monday and nickel decreasing by 1%, amid a stronger US Dollar Index, which is at its highest since the first week of February.
March 2, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices weaker in Shanghai, mixed in London
Base metals prices on the London Metal Exchange were mixed this morning, Tuesday March 2, while on the Shanghai Futures Exchange they were mainly weaker.
March 2, 2021
·
By William Adams
Insights
US hot-rolled coil index passes $62/cwt
The hot-rolled coil price has hit a new high in the United States, moving above $62 per hundredweight.
March 2, 2021
·
By Patrick Fitzgerald
Insights
Pres. Fernandez pledges support to Argentina meals, oils exports
The Argentine government will focus on boosting production and exports of value-added agricultural products, President Alberto...
March 2, 2021
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By Juan Pedro Tomas
Insights
US A380.1 secondary aluminium alloy price, Nasaac rise to nearly 6½-year highs
The benchmark A380.1 secondary aluminium alloy price and the London Metal Exchange’s North American special aluminium alloy contract (Nasaac) spiked to more than six-year highs, supported by healthy demand even as a semiconductor chip shortage disrupts automotive supply chains.
March 1, 2021
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By Michael Roh
Insights
PRICING NOTICE: Delayed publication of blister copper monthly RC
Publication of Fastmarkets’ assessment of blister copper refining charges (RCs) for February was delayed due to a reporter error.
March 1, 2021
·
By Julian Luk
Insights
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