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Correction to cobalt hydroxide index 30% Co min, cif China
Fastmarkets has corrected its cobalt hydroxide index 30% Co min, cif China, which was published incorrectly on Friday February 24 due to an error.
February 24, 2023
·
By Justin Yang
Insights
European steel plate market: One year on – effects from Russia’s war in Ukraine
One year since Russia invaded Ukraine on February 24, 2022, Fastmarkets’ roundup of the key challenges facing the European steel plate market arising from the consequent war
February 24, 2023
·
By Julia Bolotova
Insights
BHP calls for ‘long overdue’ reform of LME metal delivery rules
Australian mining giant BHP has added to the growing industry pressure on the London Metal Exchange to reform its benchmark nickel price to make it more reflective of the physical market
February 24, 2023
·
By Callum Perry
Insights
Higher steel demand from North America nearshoring to come until 2025
Steel demand coming from new facilities being constructed in North America amid nearshoring trends is expected to materialize between the end of 2023 and 2025, Latin American steelmaker Ternium said on Wednesday February 15
February 21, 2023
·
By Renato Rostás
Insights
Proposal to amend aluminium P1020A MJP spot premium methodology
Fastmarkets is proposing to amend its aluminium P1020A main Japanese ports (MJP) spot price assessment methodology, which is assessed on a cost, insurance and freight (CIF) incoterm basis, to include tenders and deals from the domestic market in Japan and to extend the delivery window.
February 21, 2023
·
By Chay Chye Leng
Insights
Correction to February 17 Shanghai aluminium arbitrage calculations
Fastmarkets has corrected its Shanghai-London arbitrage calculations for aluminium, which were published incorrectly on Friday February 17 due to a reporting error.
February 20, 2023
·
By Chay Chye Leng
Insights
Rio Tinto, BMW MoU highlights growing consumer demand for sustainable automotive materials
Growing consumer demand for automotive manufacturers to use sustainable materials is driving the uptake of low-carbon aluminium, with producer Rio Tinto announcing a partnership with BMW Group to supply the metal
February 20, 2023
·
By Carrie Bone
Insights
Norsk Hydro to await ‘comfort and visibility’ in aluminium demand before bringing back idled capacity
European aluminium producer Norsk Hydro will not bring smelter capacity back into the market until demand assurance returns, the company’s chief financial officer Pål Kildemo told Fastmarkets in an exclusive interview
February 20, 2023
·
By Imogen Dudman
Insights
Amendment to aluminium P1020A MJP quarterly premium methodology
Fastmarkets has amended its aluminium P1020A (MJP) quarterly premium assessment methodology.
February 17, 2023
·
Insights
Correction to price assessment for steel scrap, cfr Vietnam
Fastmarkets has corrected its price assessment for steel scrap, HMS 1&2 (80:20), cfr Vietnam, which was published incorrectly on Friday February 17 due to a data error.
February 17, 2023
·
By Lee Allen
Insights
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