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Extension of consultation period on the proposal to discontinue US Midwest ferrous scrap shred, heavy melt indices, busheling indicator
After market feedback, Fastmarkets is extending the consultation period for its proposal to discontinue its MB-STE-0423 Steel scrap shredded, index, delivered Midwest mill, $/gross ton; its MB-STE-0424 Steel scrap No1 heavy melt, index, delivered Midwest mill, $/gross ton and its MB-STE-0882 Steel scrap No1 busheling, indicator, delivered Midwest mill, $/gross ton, effective January 2025.
December 13, 2024
·
By Sean Barry
Insights
Lumber price outlook positive despite historically wide price spreads
Access an excerpt of the Fastmarkets Random Lengths weekly report, with insights into price spreads between SYP and Spruce.
December 13, 2024
·
By Joe Pruski, the Fastmarkets team
Insights
Latin American paper markets: Impact of the volatility in demand in the region
Read the full data story with analysis on how demand volatility in Latin America has impacted the region's paper markets.
December 13, 2024
·
Insights
Open consultation on methodology for aluminium extrusion billet premiums ddp Italy, ddp North Germany, ddp Spain in relation to CBAM
Fastmarkets invites feedback on the pricing methodology for its aluminium 6063 extrusion billet premiums ddp Italy, ddp North Germany and ddp Spain ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts from January 2026.
December 12, 2024
·
By Sayaka Kurata, James McKeigue
Insights
Delayed publication of alumina metallurgical grade, exw China
The publication of Fastmarkets’ MB-ALU-0001 Alumina metallurgical grade, exw China, yuan/tonne for Thursday December 12 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
December 12, 2024
·
By James McKeigue
Insights
European steel companies scramble for alternative transport after Moselle river accident
An accident on the major Moselle river earlier this week has led to some steel companies based in Germany and neighbouring countries scrambling for alternative logistical solutions to complete orders and source raw materials, Fastmarkets heard on Wednesday December 11.
December 12, 2024
·
By Julia Bolotova, Lee Allen, Ross Yeo
Insights
Rayonier’s big Project Teal fetches a half-billion dollars
Who get’s Rice University’s primo Project Owl timberland offering in Louisiana?
December 12, 2024
·
By Chris Lyddan
Insights
Proposal to discontinue China domestic wire rod price assessment: pricing notice
The proposal follows market feedback and data collected by Fastmarkets, which suggested that the price assessment is not a major price benchmark or key reference for market participants. Specifically, Fastmarkets is proposing to discontinue: MB-STE-0164 Steel wire rod (mesh quality) domestic, ex-whs Eastern China, yuan/tonneQuality: Q235B, diameter 6.5-10mmQuantity: 40-1,000 tonnesLocation: Ex-warehouse ShanghaiTiming: SpotUnit: RMB/tonnePayment terms: […]
December 12, 2024
·
By Jessica Zong
Insights
Delayed publication of cobalt hydroxide payable indicator, min 30% Co, cif China
The publication of Fastmarkets’ MB-CO-0021 Cobalt hydroxide payable indicator, min 30% Co, cif China assessment on Wednesday December 12 was delayed because of an approver error. Fastmarkets’ pricing database has been updated.
December 11, 2024
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By Jon Stibbs
Insights
Early publication of iron ore DR-grade pellet premium indicator
Fastmarkets’ iron ore DR-grade pellet premium indicator was published earlier than scheduled due to an error on Wednesday December 11.
December 11, 2024
·
By Vlada Novokreshchenova
Insights
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