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.

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

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.

Static discounts for copper scrap remained prevalent in the US for most of 2023, while expectations of growth in the long term held

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.

Ferrous scrap prices in main Mexican markets dropped sharply in the week to Tuesday February 6 – their third consecutive weekly decrease – amid weak sentiment, Fastmarkets understands

Secondary aluminium markets in Europe should be significantly influenced by the availability of scrap through this year, with the rate of exports to Asia from Europe playing a key role in shaping price trends for ingot, according to industry sources

Demand for ferrous scrap rises in North America is surging and competition in the region for scrap and iron metallics is hotting up

What’s the market sentiment for December? Read on for a summary of the results of our US ferrous scrap market survey for December, or click here to download your copy of the full US Scrap Trends Outlook for December 2023. The US ferrous scrap market is hotting up in winter months Significantly depressed scrap flows […]

Despite this, in their discussion on manganese ore and manganese alloys, experts including Asia Minerals Limited (AML) director Gautam Kumar, Project Blue founder Jack Beddar and WoodMac research director Kevin Fowkes weighed in on the various methods for reducing carbon emissions and the challenges they pose for ferro-alloys producers. “The problem is the most hazardous […]