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Launch of China domestic green ferro-manganese prices
Fastmarkets launched assessments for MB-FEM-0008 green ferroalloy domestic, ferro-manganese max 7% C, 65% Mn min, differential to FeMn assessment, in-whs China and MB-FEM-0009 green ferroalloy domestic, ferro-manganese max 7% C, 65% Mn min, weekly inferred price, in-whs China on Friday November 1.
November 1, 2024
·
By Tina Tong
Insights
Polish long steel prices published early due to public holiday on November 1
Fastmarkets’ weekly price assessments for Polish long steel were published on Thursday October 31, one day ahead of schedule due to a public holiday in Poland on November 1.
October 31, 2024
·
By Darina Kahramanova
Insights
New western softwood pallets struggle against alternative species and used market
In this edition of the pallet pricing newsletter, we assess the impact of the holiday season, extreme weather and housing starts on the pallet industry.
October 31, 2024
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By Ian Templeton, Antonio Gallotta, Jennifer Coskren, Joe Pruski
Insights
China’s next strategic move: Overseas investments in high-grade iron ore
Jinnan Iron & Steel Group is the latest company to join the push to expand China's steelmaking footprint in the Middle East and is working with Brazil's Vale to establish an iron ore concentration plant at the Sohar Port and Freezone in Oman, Fastmarkets understands.
October 31, 2024
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By Alice Li
Insights
Geo-economic tensions fuel electrical steel race between China, India
China and India are ramping up electrical steel production through new joint ventures and acquisitions to meet rising global demand and sustainability goals.
October 31, 2024
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By Suresh Nair, Sam Li Xiaoyu, the Fastmarkets team
Insights
Concerns loom over weak market fundamentals amid launch of new Chinese state-owned recycling company
A new Chinese state-owned enterprise (SOE) called China Resources Recycling Group (CRRG) has been established to build a national platform for recycling and reusing resources, according to an announcement from Chinese officials on October 18. While details of the company's specific plans remain scarce, market participants remain concerned about weak market fundamentals, sources told Fastmarkets..
October 31, 2024
·
By Carman Chew
Insights
UK chancellor promises ‘no higher taxes at petrol pump’ next year in Autumn Budget
UK Chancellor of the Exchequer Rachel Reeves has confirmed that fuel duty will not rise in 2025, keeping the previous 5 pence-per-liter discount in place.
October 31, 2024
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By Alexandra Chapman
Insights
Pilbara Minerals lowers FY25 production guidance as Ngungaju plant placed on care and maintenance
Australian lithium producer Pilbara Minerals will be placing its Ngungaju plant on care and maintenance from December 2024, the company announced on Tuesday October 29.
October 30, 2024
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By Callum Perry
Insights
Five challenges facing paper packaging procurement officers
How packaging buyers in the food and beverage sector overcame challenges in cost, compliance and sustainability in 2024
October 30, 2024
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By the Fastmarkets team
Insights
Glencore production results reveal falling zinc, nickel production
Quarterly figures released by global miner Glencore on Wednesday October 30 showed that zinc concentrate output was dropping in a tight market while overall nickel output was down despite an increase in briquettes.
October 30, 2024
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By James McKeigue, Natasha Porter, the Fastmarkets team
Insights
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