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Correction to UK domestic 316 stainless steel scrap assessment on June 14
Fastmarkets has corrected its MB-STS-0259 stainless steel scrap 316 solids domestic, delivered merchants UK, £/tonne price assessment, which was published incorrectly on Friday June 14.
June 20, 2024
·
By Ross Yeo
Insights
Investigation into automotive model certification expected to dampen aluminium demand in Japan
Market sentiment remain mixed on whether the investigation will impact aluminium prices and production
June 20, 2024
·
By Chay Chye Leng
Insights
China pushes for lower energy consumption and carbon emissions with steel production cuts
Chinese domestic authorities are in discussions to implement tighter targets on crude steel production across the country, in a bid to reduce energy consumption and carbon emissions, Fastmarkets understands
June 20, 2024
·
By Norman Fong, Jessica Zong, Zihuan Pan, Jessica Long, Alice Li, Bella Cheng
Insights
Aluminium premiums being supported in all key regions
Aluminium premiums in all key regions remained well-supported in the week to Tuesday June 18, amid ongoing reports of tight availability, while market participants in Europe and Asia are focusing on ongoing negotiations for Japanese third-quarter supplies
June 19, 2024
·
Insights
Containerboard prices rise in Mexico despite market negativity in June
Discover how Mexico's containerboard prices are defying market expectations and starting to rise, offering insights into the global packaging industry's dynamics. What could this mean for the industry?
June 19, 2024
·
By Marina Faleiros
Insights
Beleaguered Chinese UCO exports could fade as China SAF mandate hopes rise
News that Chinese investors are pumping billions of dollars of investment into the production of sustainable aviation fuel (SAF) could re-write the dynamics around exports of used cooking oil (UCO), trade sources told Fastmarkets on Friday May 17
June 19, 2024
·
By Jane Li, Timothy Worledge, Sathia Varqa
Insights
How will Saudia Arabia’s ‘Vision 2030’ boost nickel demand and unlock investment in supply?
The Kingdom of Saudi Arabia’s (KSA) ambitious plan to diversify away from oil and into metals will increase local nickel consumption and fund international mining projects, given recent massive investments in nickel-intense industries
June 19, 2024
·
By James McKeigue
Insights
Slipping steel spot prices dent US mills’ Q2 guidance
Declining steel prices will likely dent US mills’ earnings across the board for the second quarter, Fastmarkets has learned from recent company guidance releases
June 18, 2024
·
By Daniel Hilliard
Insights
Mexico’s Deacero to add to green steel portfolio with new plant
The June construction startup of a new steel plant in Deacero's complex in Ramos Arizpe, in the northeastern Mexican state of Coahuila, will position the company to meet future demand for lower-carbon steel nationally and abroad, a Fastmarkets analyst said on Monday June 17
June 18, 2024
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By Renzo Pipoli
Insights
Proposal to amend name of US all-in aluminium price
Fastmarkets proposes to amend the name of the MB-AL-0231 Aluminium P1020A all-in price, delivered Midwest US, US cents/lb to clarify that the price is based on the London Metal Exchange cash aluminium price.
June 17, 2024
·
By Yasemin Esmen
Insights
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