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Domestic, imported OCC prices stabilize in Mexico in April; demand has been improving in recent weeks
Prices for old corrugated containers (OCC) in Mexico were unchanged in April, with imported grades remaining stable month over month for the first time this year, Fastmarkets has learned. Prices for imported OCC held at $120-130 per ton. The firm pricing follows $10-per-ton increases in March and January as well as a $15-per-ton rise in February. […]
April 12, 2024
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By Megan Workman, Sandy Oliveira
Insights
Australia’s Hancock Prospecting buys stake in US rare earth miner MP Materials
Prospecting's recent acquisition of a 5.3% stake in MP Materials has ignited widespread curiosity about its potential impact on the rare earths market
April 12, 2024
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By Caroline Messecar
Insights
Amendment to South Korea steel scrap import spot price assessments
Fastmarkets will amend the frequency of its price assessments for MB-STE-0879 Steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea on Friday April 12.
April 12, 2024
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By pricing@fastmarkets.com
Insights
Annual Review of PIX Paper Price Indices Methodology – Final Decision
Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document […]
April 12, 2024
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By the Fastmarkets team
Insights
Tin price nears $32,000 per tonne on demand for technology, renewables
The price of tin on the London Metal Exchange has reached highs in April 2024 not seen since 2022, with investors betting on the metal having a significant role in the expansion of renewable energy and for technical purposes, while supply remains uncertain
April 12, 2024
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By James McKeigue
Insights
Correction to copper scrap No1 copper buying price on April 9
Fastmarkets has corrected its MB-CU-0302 copper scrap No1 copper, buying price, delivered to brass mill US, US cents/lb, which was published incorrectly on Tuesday April 9.
April 10, 2024
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By Fastmarkets AMM staff
Insights
Turkey restricts steel exports to Israel amid continued Gaza conflict
Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.
April 10, 2024
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By Lee Allen, Amy Hinton
Insights
Nickel premiums flat in Europe, China, amid quiet market conditions
Nickel premiums stayed flat around the world amid quiet trading in the week to Tuesday April 9.
April 10, 2024
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By Dylan Duan, James McKeigue
Insights
Base metal stocks in Shanghai bonded warehouses mixed in March; aluminium up 150%
Stocks of base metals in Shanghai bonded warehouses showed mixed fortunes in March, Fastmarkets has learned
April 10, 2024
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By Sally Zhang, Ruby Liu, Dylan Duan, Shiyue Zhao
Insights
Random Lengths concludes industry consultation, seeks additional input on pair of items
Fastmarkets has collected feedback from the industry on pricing methodologies for Random Lengths and Random Lengths International as part of its annual methodology review.
April 9, 2024
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By Joe Pruski
Insights
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