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Delayed publication notice for Southeast Asia lead premiums
Fastmarkets published its assessments of the Southeast Asia lead premiums later than scheduled due to a reporter error.
February 9, 2023
·
By Julian Luk
Insights
US domestic gains won’t translate to ferrous scrap exports following Turkey earthquakes
Any bolstering effect on US ferrous scrap exports from the up-month in February’s domestic trade will be tempered in the immediate aftermath of two earthquakes in Turkey — the country’s largest importing region — on Monday, February 6
February 8, 2023
·
By Amy Hinton
Insights
More than 100,000 tonnes of aluminium delivered into Gwyangyang LME warehouses
More than 100,000 tonnes of aluminium were delivered into London Metal Exchange warehouses in Gwyangyang, South Korea, on the morning of Wednesday February 8
February 8, 2023
·
By Carrie Bone
Insights
European refined copper premiums still adjusting to recent rises; China premiums under pressure
European copper premiums continued to respond to the unprecedented increase in long-term contract levels in the week to Tuesday February 7, while those in China faced downward pressure due to limited buying and there was no movement in the US
February 8, 2023
·
By Sally Zhang, Yasemin Esmen, Albert MacKenzie
Insights
Steel sector activity halted by massive earthquake in Turkey’s Iskenderun region
Steel trading and production have come to a halt in the eastern Turkish region of Iskenderun following a devastating earthquake that hit the region on Monday February 6 and put mills in the area under force majeure, sources told Fastmarkets on Tuesday
February 7, 2023
·
By Cem Turken
Insights
Proposal to amend standard, alloy grade cobalt brands, clarify duty status
Fastmarkets proposes to amend and realign its listed brands for alloy and standard grade cobalt to reflect new developments in the market and invites feedback on the following consultation.
February 6, 2023
·
Insights
Correction to Shanghai aluminium arbitrage calculations for January 30-February 3
Fastmarkets’ Shanghai-London arbitrage calculations for aluminium were published incorrectly on January 30-February 3 due to a formula error.
February 6, 2023
·
By Sally Zhang
Insights
Barge disruption looms on Mississippi, Illinois rivers in 120-day closure
A 120-day closure of four Illinois dams scheduled for 2023 will disrupt barge shipments and have potentially both negative and positive impacts on scrap and finished steel products from Canada to Texas
February 3, 2023
·
By Lisa Gordon
Insights
Iron ore concentrate premiums poised for rebound despite narrowing spread with sinter-pellet feed
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
February 2, 2023
·
By Norman Fong
Insights
Correction to Fastmarkets’ iron ore 63% Fe lump premium index
Fastmarkets has corrected its MB-IRO-0010 Iron ore 63% Fe Australia-origin lump ore premium, cfr Qingdao index, which was published incorrectly on Wednesday February 1 due to a technical error.
February 1, 2023
·
By pricing@fastmarkets.com
Insights
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