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Amendment to South Korea steel scrap import spot price assessments
Fastmarkets will amend the frequency of its price assessments for MB-STE-0879 Steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea on Friday April 12.
April 12, 2024
·
By pricing@fastmarkets.com
Insights
Correction to copper scrap No1 copper buying price on April 9
Fastmarkets has corrected its MB-CU-0302 copper scrap No1 copper, buying price, delivered to brass mill US, US cents/lb, which was published incorrectly on Tuesday April 9.
April 10, 2024
·
By Fastmarkets AMM staff
Insights
Turkey restricts steel exports to Israel amid continued Gaza conflict
Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.
April 10, 2024
·
By Lee Allen, Amy Hinton
Insights
Cash flow difficulties pressure Brazilian aluminium scrap dealers
Aluminium scrap dealers selling to large recycling companies in Brazil are facing cash flow difficulties because they have been forced to receive delayed payments, which may lead to more severe outcomes, like company closures, sources told Fastmarkets
April 4, 2024
·
By Leticia Simionato
Insights
Should India ‘heavily subsidize’ metals firms to insulate from Western trade barriers?
Western governments are increasingly implementing policies to protect their local metal-producing industries from rival products made in the developing world, but how should eastern lawmakers and companies respond to these moves?
March 22, 2024
·
By the Fastmarkets team, Lee Allen, Aameer Sayed
Insights
Correction to 400 series stainless steel scrap prices on March 11
Fastmarkets has corrected its price assessments for stainless steel scrap 409 and 430 bundles delivered to mill, Pittsburgh, which were published incorrectly on Monday March 11.
March 14, 2024
·
By Amy Hinton
Insights
Weak demand drives slump in UK steel scrap monthly prices
Weak demand in both the UK domestic and export steel scrap markets has created a glut of supply and brought a raft of cheaper offer prices into British steelmakers for monthly delivery settlements in March, trade sources told Fastmarkets in the week ended Tuesday March 12
March 13, 2024
·
By Declan Conway
Insights
Proposal to amend frequency of South Korea steel scrap import price assessments
Fastmarkets proposes to amend the pricing frequency of its MB-STE-0879 steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea to once a month from the current weekly basis.
March 8, 2024
·
By pricing@fastmarkets.com
Insights
US copper scrap exports fall in 2023 but expectations for long-term demand increases remain
Static discounts for copper scrap remained prevalent in the US for most of 2023, while expectations of growth in the long term held
March 5, 2024
·
By Kirstyn Petras
Insights
Decision to adjust 400-series stainless steel scrap consumer buying prices [correction, update]
Fastmarkets adjusted its assessments for the stainless steel scrap 430 bundles, solids, consumer buying price, delivered mill Pittsburgh and the stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh effective Monday February 12.
February 22, 2024
·
By Amy Hinton
Insights
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