Fastmarkets has launched two price assessments for aluminium extrusion scrap for the European domestic market.

China’s non-grain oriented electrical steel prices rose in the two weeks to Friday October 11, on price hikes by Chinese mills and amid India's anti-dumping probe into Chinese imports, sources said.

The publication of Fastmarkets’ European hot-rolled coil indices was delayed on Monday October 14 due to a reporter’s error. Fastmarkets’ pricing database has been updated.

India’s corn consumption could spike in 2025 amid expectations that the government may hike its ethanol mandate and force increased use of the grain, trade sources told Fastmarkets in the week to Friday October 11

The publication of Fastmarkets’ MB-AL-0343 Aluminium P1020A spot premium, cif main Japanese ports (MJP) assessment for October 9 was delayed because of a technical error. Fastmarkets’ pricing database has been updated.

Fastmarkets is launching reduced carbon emissions flat steel prices for China’s domestic market, starting from Friday October 11.

The adoption of decarbonization technologies and greener practices in Asia will be pivotal to the global steel industry achieving is emissions reductions targets, according to Christopher Lilholm, head of global key account at Norwegian risk management business DNV.

The aluminium producer Hydro has been focusing its research and development (R&D) efforts in the US on increasing its recycling-based extrusion ingot production, Hydro Aluminium Metals USA president Duncan Pitchford told Fastmarkets.

Leading Chinese steelmakers will raise prices for their products by up to 600 yuan ($85) per tonne for domestic sales in November, following a significant rally in Shanghai steel futures prices and an increase in demand, sources told Fastmarkets on Thursday October 10.

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