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Fastmarkets amends specifications for weekly price assessment for steel hot-rolled coil import, cfr Saudi Arabia
After a consultation period, Fastmarkets has amended the thickness specifications for the weekly price assessment for steel hot-rolled coil import, cfr Saudi Arabia, $/tonne
February 21, 2022
·
By Serife Durmus
Insights
US steel import licenses up in Jan vs Dec
The United States’ steel import licenses in January increased modestly month on month and significantly year on year, according to government data
February 16, 2022
·
By Abby Verret
Insights
International Zinc Association 2022 to focus on zinc smelters’ output cuts
Negotiations of yearly zinc concentrate treatment charges (TC) contracts for 2022 high on agenda of annual conference in La Quinta, California
February 14, 2022
·
By the Fastmarkets team
Insights
Fastmarkets seeks feedback on Manila steel billet price assessment for Iosco audit
Fastmarkets invites feedback on its Manila steel billet import price assessment as part of an annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies
February 14, 2022
·
By Lee Allen
Insights
Optimism builds in US OCTG, line pipe markets
Despite an ongoing price correction in the larger steel hot-rolled coil market in the United States, optimism is building in the oil country tubular goods (OCTG) and line pipe sectors, sources told Fastmarkets
February 10, 2022
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By Mark Burgess
Insights
Correction to Phila scrap price
Fastmarkets has corrected its consumer buying prices for steel scrap No1 bundles, delivered mill Philadelphia and steel scrap No1 busheling, delivered mill Philadelphia based on further pricing data submitted for the domestic ferrous scrap monthly trade in February
February 9, 2022
·
By Sean Barry
Insights
Rebar futures slide after China announces ‘supervisory’ role in iron ore market
A sudden downturn in rebar futures on the SHFE put pressure on spot prices on Wednesday February 9, after a slump in iron ore futures was sparked by news that the Chinese authorities plan to strictly supervise speculation about the iron ore market
February 9, 2022
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By Jessica Zong
Insights
Traditional blast furnace-based steelmakers need to adapt to remain relevant – Gunung Capital
Steelmakers will need to adapt quickly to the burgeoning decarbonization movement in Asia to remain relevant, Gunung Capital managing partner Kelvin Fu told Fastmarkets in an interview
February 8, 2022
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By Alex Theo
Insights
India’s 2022-23 budget up 4.6%, steel industry to benefit from infrastructure spending
The Indian government has announced a new budget for 2022-23 of 39.45 trillion rupees ($526.98 billion), up by 4.6% from the revised estimate for 2021-22
February 7, 2022
·
By Vlada Novokreshchenova
Insights
Sinton caps off southern ‘green steel’ shift
Fastmarkets charts the steady and recently rapid rise of southern steelmaking, and its possible impact on ferrous scrap markets and pricing
February 1, 2022
·
By Bill Beck
Insights
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