Fastmarkets charts the steady and recently rapid rise of southern steelmaking, and its possible impact on ferrous scrap markets and pricing

Five associations representing carbon-intensive industries in Europe have joined forces to demand changes to the scope of the European Union’s Carbon Border Adjustment Mechanism (CBAM). Signed on Wednesday, January 25, one of the five signatories to the joint statement, the European steel association Eurofer, released the statement to the public domain on January 27. The […]

With tensions high in the region and import demand rapidly shifting, will this result in a truly structural change in the agriculture market?

Steel Dynamics Inc (SDI) has completed its purchase of a 45% minority equity interest in its single largest flat-roll steel customer, the Fort Wayne, Indiana-based steelmaker announced on Monday January 31. New Process Steel is a Houston-based metals solutions and distribution supply-chain management company. This investment – first announced in October 2021 – expands SDI’s […]

The idea of imposing a border tax on imports is "ill-advised" and would harm the metals industry and U.S. consumers, according to the American Institute for International Steel (AIIS)

CME Group’s busheling futures contracts traded 66 lots (1,320 gross tons) on Tuesday January 25, up from 15 lots during the previous session

The publication of Fastmarkets’ assessment of the Japan aluminium 6063 extrusion quarterly billet premium, cif MJP for the first quarter of 2021 was delayed due to a reporter error. The aluminium 6063 extrusion quarterly billet premium, cif MJP, is a quarterly premium and is normally published on the third Friday of the first month of […]

The publication of Fastmarkets’ daily seaborne Asian lithium prices for Tuesday January 25 was delayed due to a technical issue. The prices were assessed and published in our internal pricing system, MInD, at the correct time but did not show on the Fastmarkets dashboard or price book. Fastmarkets’ pricing database and price book have since […]

Spot prices for spodumene concentrate continued to post sharp gains over the past fortnight due to tight supply combined with continuously improving demand for downstream lithium chemicals amid booming electric vehicle demand worldwide

After the Chinese Lunar New Year holiday, the seaborne iron ore market will be affected by the macro-economic environment, seasonally low supplies and ongoing or additional steel production cuts in northern China, sources told Fastmarkets this week. Positive monetary policy boost Market sentiment has been particularly sensitive, in the short term, to official Chinese government […]