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Proposal to amend aluminium P1020A methodology for Europe, US, Japan
Fastmarkets proposes to amend its IOSCO-accredited aluminium P1020A premium methodology to allow for flexibility on the underlying futures price used.
March 7, 2023
·
By Juliet Walsh
Insights
Increased steelmaking capacity in US South may help cap price hikes
Hot-rolled steelmaking capacity in the US South increased by nearly a quarter in a two-year period and is still growing, which sources believe will help to keep prices relatively low
March 6, 2023
·
By Abby Verret
Insights
US West Coast scrap export prices rise in the wake of higher Turkey sales
A Bangladeshi buyer has paid a large premium to secure a ferrous scrap cargo from the US West Coast, with a slew of post-earthquake cargo deals made to Turkey at higher prices and domestic tightness also boosting the market
March 6, 2023
·
By Amy Hinton
Insights
UK Financial Conduct Authority opens investigation into LME’s March 2022 suspension of nickel futures
The UK's Financial Conduct Authority (FCA) has opened an enforcement investigation into the London Metal Exchange’s “conduct, systems and controls” related to nickel futures trading
March 6, 2023
·
By Yiwen Ju
Insights
US Scrap Trends Outlook: March
March ferrous market poised for staunch increase
March 6, 2023
·
By Sean Barry
Insights
UK regulator FCA steps up its nickel investigation
Almost a year after the London Metal Exchange temporarily suspended trading in its nickel contract, it has become the subject of the first enforcement investigation of a UK exchange by its regulator
March 6, 2023
·
By Andrea Hotter
Insights
Open consultation on methodology for Fastmarkets’ cfr Manila steel billet assessment
Fastmarkets is inviting feedback from the industry on the pricing methodology for its steel billet import, cfr Manila, $/tonne, assessment, as part of its announced annual methodology review process.
March 6, 2023
·
By Paul Lim
Insights
Broadened US tariff on Russia aluminium triggers LME contango jump: sources
A sharp contango developed in London Metal Exchange aluminium prices on Friday February 24 — the only price reaction so far to US tariffs on Russian aluminium that are far wider in scope than before
March 3, 2023
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By Orla O'Sullivan
Insights
Supply tightness, strong demand amid brighter outlook pushes up tellurium prices
Tellurium prices rose by 6.43% on Friday February 24, due to supply tightness, strong buying interest from the thermo-electric sector and a positive outlook on solar panels, sources told Fastmarkets
March 3, 2023
·
By Sayaka Kurata
Insights
Delayed publication of China tungsten prices
The publication of Fastmarkets’ three China tungsten price assessments for Wednesday March 1 were delayed because of reporting team error.
March 1, 2023
·
By Jon Stibbs
Insights
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