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Scrap groups unhappy with EU vote to tighten controls on ‘waste’ metal exports to non-OECD nations
Associations representing both metal recyclers and steelmakers in Europe were not satisfied by the result of a vote by the Environment Committee (ENVI) of the European Parliament this week on the proposed revision to the Waste Shipment Regulations (WSR)
December 5, 2022
·
By Lee Allen
Insights
Saudi Arabia to position itself to be ‘epicenter’ of metals, mining: Ma’Aden CEO
Saudi Arabian multi-metal company Ma’Aden and the government of the Kingdom of Saudi Arabia are seeking to increase the position of the country in the global metals supply chain through further investment into the industry within the country
December 5, 2022
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By Callum Perry, Josh Fulton
Insights
Oman’s Jindal Shadeed will invest over $3 bln in green steel plant
Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4
December 5, 2022
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By Serife Durmus
Insights
December US ferrous scrap market facing dealer resistance
The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers
December 5, 2022
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By Lisa Gordon
Insights
China’s aluminium ADC 12 export window opens following gains in MJP market
Key data from Fastmarkets’ aluminium ingot ADC 12 pricing session in China on Wednesday November 30
December 2, 2022
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By Jinfan Yang
Insights
Global firms SMS, LOTTE cooperate on new EV-focused US aluminium plant
German equipment provider SMS Group will provide a logistics and storage system for a forthcoming $238.7 million aluminium foil plant being built in the US by South Korea’s LOTTE Group to meet demand for the material’s use in electric vehicles (EVs)
December 2, 2022
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By Orla O'Sullivan
Insights
Corrections to daily US, Northern Europe steel scrap indices
Fastmarkets has corrected its price indices for US- and Northern Europe-origin steel scrap, CFR Turkey, which were published incorrectly on Thursday December 1 due to a technical error.
December 1, 2022
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By Elina Virchenko
Insights
Discontinuation of Fastmarkets’ price assessment for Venezuela HBI exports
Fastmarkets has today discontinued its price assessment for hot-briquetted iron export, fob main port Venezuela (MB-FE-0002).
December 1, 2022
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By Marina Shulga
Insights
Launch of DR-grade iron ore pellet premium weekly indicator
After a consultation period, Fastmarkets has launched a weekly indicator for direct-reduction (DR)-grade iron ore pellet premiums, known as the iron ore DR-grade pellet premium indicator, $ per tonne.
December 1, 2022
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By Ross Yeo
Insights
Correction to Pittsburgh bundles, busheling averages
Fastmarkets has corrected the average calculation of its prime scrap prices in Pittsburgh.
November 30, 2022
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Insights
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