Fastmarkets launches two daily indices to reflect the spot price of high-grade 67.5% Fe pellet feed products sold on a CFR China basis on Wednesday February 1 After a consultation period, Fastmarkets has launched a daily iron ore 67.5% Fe pellet feed premium index to track the fixed premium quoted above Fastmarkets 65% Fe Brazil-origin […]

General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world

Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas

Low supply, strong demand to spur scrap prices higher in Feb, market says

US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale

The current shortage of some higher purity grades of aluminium, such as P0610, and the robust demand for units should maintain the higher differential to prices for P1020-grade aluminium, market sources told Fastmarkets on Monday January 30

Fastmarkets has corrected its MB-COA-0005 premium hard coking coal, cfr Jingtang and MB-COA-0002 hard coking coal, cfr Jingtang indices, which were published incorrectly on Tuesday January 31 due to a technical error.

After market feedback, Fastmarkets is extending the consultation period for its proposal to launch a cfr Southeast Asia hot-briquetted iron (HBI) price.

Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.

Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January