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Final decision on open consultation on methodology for Northern Europe, US HRC indices
Fastmarkets invited feedback from the industry on the pricing methodology for its steel hot-rolled coil index, domestic, exw Northern Europe, € per tonne (MB-STE-0028) and steel hot-rolled coil index, fob mill US Midwest, $ per cwt (MB-STE-0184), via an open consultation process between March 26 and April 29, 2024.
May 10, 2024
·
By Janie Davies
Insights
Decarbonization in the steel industry creating two-tiered iron ore market
The iron ore market is expected to diverge into two segments in line with the steelmaking industry’s march toward reducing carbon emissions, Fastmarkets learned at the 2024 Singapore Iron Ore Forum (SIOF) on Tuesday May 7
May 10, 2024
·
By Norman Fong
Insights
Steelmakers halt production in southern Brazil due to floods, try to measure business losses
Main Brazilian steel producers halted production and operations in distribution centers in the country's Rio Grande do Sul state due to local floods, but potential losses remain uncertain since the situation has not yet been resolved, the companies told Fastmarkets in written statements this week
May 10, 2024
·
By Gabriela Brumatti
Insights
US delays ban on Chinese graphite in batteries while ex-China suppliers scrabble to source critical minerals
The US Treasury Department will give automakers a two-year extension to 2027 on restrictions to some hard-to-trace minerals from China, such as graphite contained in anodes, it said in an announcement on Friday May 3
May 8, 2024
·
By Sybil Pan
Insights
US scrap trends outlook: May 2024
Here are the four key takeaways from the US scrap market participants in our May survey
May 8, 2024
·
By the Fastmarkets team
Insights
Mexican tariffs said to already be affecting aluminium supply chain and premiums
The new tariffs on aluminium imports imposed by Mexico are affecting the light metal's supply chain, trade flows and premiums, sources told Fastmarkets during the week to Friday May 3.
May 7, 2024
·
By Renato Rostás, Imogen Dudman, Leticia Simionato
Insights
Steel producers strike optimistic tone despite lackluster short-term construction demand outlook
Steel producers in the United States remain optimistic about construction demand despite its lackluster short-term outlook, according to market participants
May 3, 2024
·
By Rijuta Dey
Insights
Copper concentrate benchmark structure at risk in current market
The influential annual treatment and refining charge (TC/RC) benchmark that sets the price that smelters charge miners to process their copper concentrate could be at risk, according to multiple market sources, although most believe the system, or elements of it, will remain
May 3, 2024
·
By Albert MacKenzie
Insights
Why have rare earth prices fallen?
Caroline Messecar, strategic markets editor for Fastmarkets, explores the world of rare earth prices in her opinion piece for ‘The Crucible’ titled ‘Why have rare earth prices fallen?’
May 2, 2024
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By Caroline Messecar
Insights
First publication of low-carbon nickel briquette premium reflects regional differences
Fastmarkets' initial low-carbon premium for nickel briquettes captured existing regional price differences, with growing awareness and legislative incentives indicating there is potential for a strong market to emerge
May 2, 2024
·
By Callum Perry
Insights
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