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Glencore’s coalface challenge | Hotter on metals
Glencore’s new chief executive officer Gary Nagle is learning a key management lesson the hard way, namely: “You can't please all of the people all of the time
February 17, 2023
·
By Andrea Hotter
Insights
Four things we learned at the MRAI 2023 scrap conference in Kochi, India
The Material Recycling Association of India’s annual International Metals Recycling Conference (IMRC) on February 2-4 saw the event return to southern city of Kochi for the first time since 2019 and, judging by the demand for rooms in the run-up to the event, there has been a massive increase in the numbers attending
February 17, 2023
·
By Lee Allen
Insights
Europe scrambles for Asian HRC after Turkey earthquakes disrupt supplies
European hot-rolled coil (HRC) buyers are scrambling to purchase Asian cargoes, with a rebound in demand hit by disruption to supplies from Turkey following this week's earthquakes there
February 16, 2023
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By Paul Lim, Zihuan Pan
Insights
Trafigura faces alleged nickel swindle | Hotter on metals
Global commodities trader Trafigura is suing Indian businessman Prateek Gupta and companies connected with him after discovering an allegedly elaborate scheme of nickel fraud
February 16, 2023
·
By Andrea Hotter
Insights
Turkey makes tentative return to US ferrous scrap export market
A Turkish mill in a region geographically unaffected by the earthquakes in the southeast of the country on February 6 made a return to the US ferrous scrap export market on Friday February 10
February 15, 2023
·
By Amy Hinton
Insights
Fifth US flat-rolled steel hike driven by higher spot demand, scrap prices: sources
Flat-rolled steel producers in the United States increased spot prices for the fifth time in less than three months on Monday February 13, led by an uptick in spot demand and higher scrap prices, according to market participants; the latest hikes bring the total increases to $260 per short ton
February 15, 2023
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By Alesha Alkaff
Insights
Amendment to MHP price assessment, methodology specifications
Following a one-month consultation period, Fastmarkets has amended the name of its nickel mixed hydroxide-precipitate (MHP) price assessment and the nickel content specifications.
February 15, 2023
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By Callum Perry
Insights
Delayed publication of Bajio ferrous scrap prices
The publication of Fastmarkets’ Mexican ferrous scrap prices was later than scheduled on Tuesday February 14 due to a reviewer error.
February 14, 2023
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By Grace Asenov
Insights
US ferrous scrap market expected to remain stout on strong mill demand
The US Midwest ferrous scrap market extended its upward momentum, rising in February for the first time since 2010 on strong export, good order books and low scrap inventories
February 14, 2023
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By Lisa Gordon
Insights
Correction to price assessment of steel hot-rolled coil (commodity) export, fob main port India
Fastmarkets has corrected its price assessment for steel hot-rolled coil (commodity) export, fob main port India, which was published incorrectly on February 10 due to an error.
February 14, 2023
·
By Suresh Nair
Insights
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