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Brazilian steel end users criticize import duties increase request, warning of possible high costs
Brazilian capital goods, construction and steel packaging industry groups are against a request from steel mills for the country to raise its steel import duties to 25%, already predicting rising costs in each sector if an increase is greenlit
October 24, 2023
·
By Gabriela Brumatti
Insights
Green steel, decarbonization drive, CBAM: key takeaways from Eurometal’s Nordics meeting
Key talking points from the Nordics regional meeting of steel distributors’ association Eurometal, held in Copenhagen, Denmark, on Thursday October 5
October 12, 2023
·
By Julia Bolotova
Insights
Proposal to discontinue steel scrap punchings and plate assessments for Cleveland, Pittsburgh
Fastmarkets is proposing to discontinue its broker buying, FOB, price assessments for punchings and plate grade ferrous scrap in the Cleveland and Pittsburgh markets.
October 10, 2023
·
By Amy Hinton
Insights
Proposal to adjust US alternative irons methodology
Fastmarkets is proposing to adjust the methodology for its FOB NOLA alternative irons prices to include bids, offers and assessments of the market as well deals in its weekly pricing session.
October 10, 2023
·
By Amy Hinton
Insights
Decision to adjust Atlanta ferrous scrap dealer selling assessments
Fastmarkets has adjusted its dealer selling price assessments for ferrous scrap in Atlanta, effective Tuesday October 10.
October 10, 2023
·
By Amy Hinton
Insights
Currency volatility looms large over alloys, steel markets: LME Week
Volatility in key currencies has been at the forefront of the minds of many steel and ferro-alloys producers, traders and buyers in 2023
October 9, 2023
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By the Fastmarkets team, Cem Turken, Janie Davies, Serife Durmus, Claire Patel-Campbell, Holly Chant
Insights
Shadow of volatility, questions over concs production hang over molybdenum markets: LME Week
The future is clouded for molybdenum markets into the end of 2023 and beyond, sources have suggested, as uncertainties persist around concentrates production and consumption, with the potential for knock-on effects on molybdic oxide and ferro-molybdenum. As LME Week approaches, Fastmarkets take a deep dive into production dynamics
October 9, 2023
·
By Claire Patel-Campbell
Insights
Rising freight costs causing headaches for metal firms again, but for how long? LME Week
Amid recent headlines about volatile bunker prices, rampant port congestion and a jump in ocean freight costs, metal market participants might be forgiven for thinking they have returned to 2021
October 5, 2023
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By the Fastmarkets team, Lee Allen, Holly Chant
Insights
US Scrap Trends Outlook: October
Bears out of hibernation ahead of October ferrous scrap trade
October 2, 2023
·
By Amy Hinton
Insights
Delayed publication of EU, UK stainless steel scrap prices
The publication of Fastmarkets’ EU, UK stainless steel scrap prices was delayed because of a technical error on Friday September 29.
September 29, 2023
·
By Sean Barry
Insights
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