Fastmarkets has amended the specifications of its weekly payable indicators for black mass in South Korea to better reflect the materials being traded in the country’s import spot market.

Fastmarkets has corrected its price assessment for European high-carbon ferro-chrome, basis 60-64.9% Cr, which was published incorrectly on Tuesday July 11 due to a reporter error.

The publication of Fastmarkets’ South Africa chrome ore index and ferro-chrome benchmark indicator for Tuesday July 11 were delayed due to a reporter error.

Slower demand for construction materials continues to weigh on Europe’s aluminium and steel market price and premiums

China’s export market for graphite electrodes, high power (HP) and ultra-high power (UHP), dropped for a third consecutive fortnight on Wednesday July 5 amid slow demand and due to producers using different raw materials

Fastmarkets has corrected its steel scrap punchings and plate, broker buying price, fob Cleveland (MB-STE-0653) and its steel scrap punchings and plate, consumer buying price, delivered mill Pittsburgh (MB-STE-0598), both of which were published incorrectly on Monday July 10 due to an input error.

Fastmarkets advises that some monthly regional ferrous scrap markets have not settled for July. Fastmarkets typically settles these markets on or before the 10th of each month.

Southeast Asia's steel industry faces a long journey to decarbonization and the shift to producing “green steel,” according to Sheren Omega, head of sustainability at one of Indonesia's leading steelmakers, Gunung Raja Paksi (GRP)

Fastmarkets will reinstate one quarterly US titanium price based on market feedback. The consultation period for four other delisted US titanium prices also remains open.

Restrictions on critical minerals by China cast uncertainty over industry