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Federal infrastructure projects require US steel
Federally funded infrastructure projects in the United States may only use steel that is melted and poured in the US, the Office of Management and Budget for the Biden administration said in a statement on Monday April 18
April 18, 2022
·
By Lisa Gordon
Insights
Vietnam steel scrap prices slide amid weaker demand, bearish sentiment
Imported steel scrap prices in key market Vietnam were lower this past week amid weak demand from steelmakers, which are facing depressed long steel prices in the domestic markets and high inventories
April 14, 2022
·
By Paul Lim
Insights
Multi-billion-dollar metal markets fork as Russia pursues assault on Ukraine
Hope is scarce that Russia’s war in Ukraine will end soon, after it decided in April to refocus its assault on the east of the country. NATO- and EU-aligned traders in metals of which Russia is a major supplier must continue to adapt to greater restrictions on doing business with the country as a result. […]
April 14, 2022
·
Insights
LME nickel prices: The short squeeze
A summary of what happened to nickel trading in March and the impact this had on the publication and display of the LME nickel data on the Fastmarkets platform
April 14, 2022
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Insights
Amendment to US plate publication day
After a 30-day consultation period, Fastmarkets has amended the publication day of the weekly US steel cut-to-length plate price assessment from Fridays to Tuesdays.
April 14, 2022
·
By Abby Verret
Insights
Indian mills roll back HRC export prices to stay competitive in international market
European buyers have rejected Indian hot rolled coil export offers even while mills have sharply rolled back their prices.
April 14, 2022
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By Suresh Nair
Insights
Fastmarkets amends publication time of daily seaborne Asian lithium prices
On Monday April 18, Fastmarkets will amend the publication time of two daily battery-grade seaborne Asian lithium price assessments to 1:00pm London time from 4:00 London time.
April 14, 2022
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By Zihao Li
Insights
Japanese scrap buyers vie for domestic scrap with exporters amid stable demand
Japanese buyers are increasing their bids for ferrous scrap to prevent exports of the steelmaking raw material, hoping to feed domestic steel production amid solid demand and healthy margins
April 13, 2022
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By Paul Lim
Insights
Plan for new Iran export duties causes confusion in steel markets
Iran’s ministry of industries, mines and trade imposed new export tariffs on various products including steelmaking raw materials and steel products early this week, Fastmarkets learnt on Tuesday April 12.
April 12, 2022
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By Vlada Novokreshchenova
Insights
Iron ore prices ease amid depressed market sentiment
Seaborne iron ore prices fell on Monday April 11 due to depressed market sentiment prompted by the rise in Covid-19 cases in China, sources told Fastmarkets
April 12, 2022
·
By Alex Theo
Insights
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