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Final decision of open consultation on coking coal indices, coke assessment
Fastmarkets invited feedback from the industry on the pricing methodology for its coking coal indices and coke assessment, via an open consultation process between February 20 and March 31. This consultation was done as part of our published annual methodology review process.
April 2, 2024
·
By Bella Cheng
Insights
Proposal to adjust Fastmarkets’ foundry pig iron assessment
Fastmarkets is proposing to adjust its price assessment for MB-FEN-0004 Pig iron foundry grade, Brazil, fob New Orleans, $/tonne
March 5, 2024
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By Amy Hinton
Insights
China’s ferrous market abandons ‘Golden March and Silver April’ expectation amid poor outlook and limited demand
Market participants seem to have abandoned expectations of a “Golden March and Silver April” in China’s ferrous market due to a slow restart of construction, as well as maintenance of steelmaking facilities planned for March, sources told Fastmarkets
March 4, 2024
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By Jessica Zong, Alice Li, Bella Cheng, Shu Yi Zheng, Zihuan Pan, Jessica Long, the Fastmarkets team
Insights
Iron ore pellet feed premium capped by rising supply and uncertain demand outlook
Trading activity for pellet feed imported into China increased in the week to Friday January 19, with more tenders from Australia. The pellet feed premium, however, continued to face downward pressure from uncertain demand outlook among market participants, sources told Fastmarkets
February 6, 2024
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By Alice Li
Insights
High stainless steel output in China led to jump in imports of raw materials in 2023
High stainless steel production in China in 2023 generated lofty imports of raw materials, including chrome ore, ferro-chrome, nickel pig iron (NPI) and ferro-nickel
January 25, 2024
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By Jessica Zong, Tina Tong, Dylan Duan
Insights
China to see resurgence of low-grade iron ore | 2024 preview
These changes are driven by the need to adapt to an uncertain market environment and a sluggish economy, especially with pessimistic steel demand from China's real estate sector
January 11, 2024
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By Alice Li, Norman Fong, Shu Yi Zheng
Insights
Green ferro-alloys to create new opportunities for China | 2024 preview
Learn more about how Chinese ferro-alloy smelters are planning to strengthen green production efforts in 2024
January 10, 2024
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By Jessica Long, Tina Tong, the Fastmarkets team
Insights
Steel and ferro-alloys in the new year: 10 key themes | 2024 preview
The steel industry has long been a symbol of global economic might. But as we peer into 2024, the landscape appears more nuanced than ever
December 22, 2023
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By the Fastmarkets team
Insights
UAE set for further jump in steel scrap intake with AGSI capacity boost
The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand
December 5, 2023
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By Lee Allen
Insights
Three reasons why Chinese steelmakers are trapped in a prisoner’s dilemma
While daily crude steel production stood at 2 million tonnes in mid-October, a 1.25% decrease from the previous year according to data published by China’s Iron and Steel Association (CISA), overall production has remained relatively firm following a strong first half of 2023. With no clear indications of a rebound in downstream steel prices in […]
November 7, 2023
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By Norman Fong
Insights
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