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Amendment to iron ore 65% Brazil-origin fines index format
Fastmarkets will calculate its index for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne to two decimal places from October 2, instead of one decimal place, which is done currently.
September 29, 2023
·
By Alice Li
Insights
Update to proposal to launch cobalt in MHP CIF CJK prices
Fastmarkets proposes to launch a cobalt mixed hydroxide precipitate payable indicator, % cobalt metal standard grade in-whs Rotterdam, CIF China, Japan, and South Korea and cobalt mixed hydroxide precipitate, outright price, CIF China, Japan, and South Korea, $/tonne.
September 29, 2023
·
By Callum Perry
Insights
Proposal to amend frequency of MHP price assessment
Fastmarkets proposes to amend the frequency of its MB-NIO-0003 nickel mixed hydroxide precipitate outright price, cif China, Japan, and South Korea and MB-NIO-0004 nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan, and South Korea from once per week to daily.
September 29, 2023
·
By Callum Perry
Insights
Proposal to launch two aluminium low-carbon differentials for VAP
Fastmarkets proposes to amend the specifications of its low carbon differentials and re-launch them via two new differentials.
September 28, 2023
·
By Carrie Bone, Imogen Dudman
Insights
Chinese aluminium premiums steady despite open arb window; Rotterdam premiums hit new 2023 lows
Aluminium premiums in Asia and the United States were little changed in the week to Tuesday September 26, while premiums in Europe declined across the board
September 27, 2023
·
By the Fastmarkets team, Ruby Liu, Imogen Dudman, Yasemin Esmen, Chay Chye Leng
Insights
China encourages increased use of ‘green’ aluminium foil in food packaging
China’s aluminium industry can expect to see growing demand from the downstream packaging sector, Fastmarkets understands, after the government proposed to speed up the use of aluminium foil in food packaging
September 26, 2023
·
By Ruby Liu
Insights
Spectro Alloys boosts capabilities with recycling expansion project
Spectro Alloys has unveiled a $71 million recycling expansion plan geared at enhancing its aluminium sorting and melting capabilities for sheet and billet casting amid subdued market conditions
September 22, 2023
·
By Geoff Mattson
Insights
‘Green’ certification of Chinese ferro-alloys is the key to improving competitiveness –sources
Alloy smelters in China are actively seeking state certification for “green” ferro-alloys to improve their competitiveness among steelmakers, sources told Fastmarkets this week
September 22, 2023
·
By the Fastmarkets team, Jessica Long, Tina Tong
Insights
RMI unveils new procurement platform to facilitate 2 million ton green steel order
A new platform launched by the Rocky Mountain Institute (RMI) could see a collective order of 2 million short tons of green steel from major companies, propelling the North American steel industry’s decarbonization push
September 21, 2023
·
By Alesha Alkaff
Insights
Dried and bagged chromite prices edge up; rising costs pressure producers
Dried and bagged chromite prices on a FOB South Africa basis rose slightly during the two weeks to Tuesday September 19, with market participants reporting rising production costs due to high diesel prices in South Africa and a weak rand
September 21, 2023
·
By Claire Patel-Campbell
Insights
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