Fastmarkets is proposing a realignment of its consumer buying prices for No1 bundles and No1 busheling scrap in Detroit, effective from the August 2022 monthly settlement.

Some alumina refineries in China were finding it difficult to make profits in the face of higher production costs and falling alumina prices, raising the risk of production cuts in the future, Fastmarkets heard on Thursday June 9

Fastmarkets used the London Metal Exchange base metals prices at 09:44 GMT for the arbitrage calculations on Thursday June 9, because there was no data available at 08:00 GMT due to a system error.

This new supercycle, focused on specific commodity groups in the energy transition, has investors aiming to improve their ESG standards and approach

Seaborne iron ore prices are seeing narrower 62-65% Fe spreads amid stronger preference for mid-grade fines and stable demand from buyers, sources told Fastmarkets on Wednesday June 8

Additional premiums for low-carbon ‘green steel’ are still a niche market, but will they become the norm in the next three-to-10 years? The answer is yes, according to the expert panelists at Fastmarkets’ International Iron Ore conference in Düsseldorf, Germany, in early June

Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap turnings in Detroit, effective from the July 2022 monthly settlement.

Fastmarkets has corrected its dealer buying prices for stainless scrap 304 solids, clips and stainless scrap 304 new clips in Pittsburgh, which were published incorrectly on Tuesday June 7 due to a reporting error.

Steel producers in the United States are using optimization software to cut costs for raw materials, reduce quality issues and meet sustainability targets, according to Berk Birand, co-founder and chief executive officer of Fero Labs

Mexican ferrous scrap prices continued to trend lower in the week ended Friday June 3, with market participants seeing no bottom for prices