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    • Lack of direct sanctions against Russian aluminium fails to halt rapid advance of premiums in Europe
      The European aluminium industry fretted over the availability of Russian material the last time sanctions were applied in 2018, but with premiums already pushing to near all-time highs following Russia's invasion of Ukraine, it's clear the market's reaction is very different this time around.
      March 17, 2022
       · 
      By Imogen Dudman
      Insights
    • Europe steel sections prices jump on soaring HRC costs, low availability
      The price of steel hollow sections in the European domestic market jumped sharply again this week amid soaring costs and limited availability of hot-rolled coil (HRC) feedstock, sources told Fastmarkets on Wednesday March 16
      March 16, 2022
       · 
      By Ross Yeo
      Insights
    • Europe to prohibit imports of iron, steel from Russia
      The European Commission announced its fourth package of restrictive measures against trade with Russia on Friday March 11, in response to that country’s invasion of Ukraine
      March 15, 2022
       · 
      By Serife Durmus
      Insights
    • European P1020 duty paid premiums rally, up 13% since the beginning of March
      Tight availability of primary aluminium in Europe continues to push premiums higher, with Fastmarkets’ duty paid Rotterdam premium hitting a fresh all-time high
      March 15, 2022
       · 
      Insights
    • European, US aluminium PFA premiums hit new all-time highs
      Primary foundry alloy (PFA) premiums reached new all-time highs in both Europe and the United States in the month to Monday March 14, following increased supply concerns in both regions related to the Russian invasion of Ukraine
      March 15, 2022
       · 
      By Orla O'Sullivan, Imogen Dudman
      Insights
    • Stack of Aluminum ingots.
      US Midwest aluminium premium nears possible ‘tipping point’ of 40 cents per lb
      Despite the belief in some quarters that the benchmark aluminium premium in the United States had finally peaked, the P1020 premium rose to yet another all-time high on Friday March 11, approaching 40 cents per lb
      March 15, 2022
       · 
      By Orla O'Sullivan
      Insights
    • Russian HRC could be sold secretly via China
      There is an increasing likelihood that Russian hot-rolled coil might be sold through Chinese channels in the near term due to the mounting sanctions being imposed on Russian oligarchs and businesses, a trader in Asia told Fastmarkets on Friday March 11.
      March 11, 2022
       · 
      By Paul Lim
      Insights
    • US-UK trade deal removes Section 232 tariffs
      Western economies’ need to future-proof battery value chains back in spotlight
      Russia’s belligerence against Ukraine has highlighted again the theme of national security and energy independence for the EU and the United States, in light of the steps that both are taking toward a future-proof energy transition
      March 11, 2022
       · 
      By the Fastmarkets team
      Insights
    • Export prices for Chinese steel plate increase on war-fueled active buying
      Export prices for Chinese heavy plate increased in the week to Tuesday March 8 amid active trading, which was partly fueled by fears over tightening supply amid the ongoing Russia-Ukraine war
      March 10, 2022
       · 
      By Min Li
      Insights
    • Russian steel suppliers search for export opportunities to bypass sanctions, sources say
      Steelmakers in Russia have been searching for export opportunities with countries that do not support Western sanctions, sources told Fastmarkets on Wednesday March 9
      March 10, 2022
       · 
      By Marina Shulga
      Insights
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