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Amendment to cobalt metal standard and alloy grades
After a consultation period, Fastmarkets has amended the MB-CO-0004 cobalt alloy grade and MB-CO-0005 cobalt standard grade prices.
March 8, 2024
·
By Alexander Cook, Jon Stibbs
Insights
Proposal to amend frequency of South Korea steel scrap import price assessments
Fastmarkets proposes to amend the pricing frequency of its 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 to once a month from the current weekly basis.
March 8, 2024
·
By pricing@fastmarkets.com
Insights
Domestic testliner and fluting prices keep heading north in the GCC area
Constrained international shipments contribute to higher prices Prices for locally produced containerboard continued to rise in the Gulf Cooperation Council (GCC) countries in February, after our indices registered increases of approximately $20 per tonne in January. In the largest market, Saudi Arabia, many contracts are inked for the quarter, and price contributors already reported increases […]
March 8, 2024
·
By Eva Nyman
Insights
US Department of Commerce’s preliminary finding bullish for US billet premium
In a move set to reshape the aluminium market, the US Department of Commerce's preliminary findings reveal unfair subsidies by China, Indonesia, Mexico, and Turkey, sparking predictions of tightened supply and rising premiums
March 8, 2024
·
By Yasemin Esmen
Insights
LME states position on low-carbon nickel premiums as calls grow for new pricing mechanisms
The London Metal Exchange has reaffirmed its position on low-carbon nickel pricing, highlighting challenges concerning market scale and definitions, it said in a notice issued to its members on Tuesday March 5
March 6, 2024
·
By Callum Perry
Insights
China’s 5% growth target for 2024 fails to satisfy ferrous market expectation
The Chinese government has set a 5% target for growth of the country’s gross domestic product (GDP) in 2024, compared with the increase of 5.2% in 2023, according to a Government Work Report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing
March 6, 2024
·
By the Fastmarkets team
Insights
Why food and beverage buyers are choosing sustainable secondary packaging
With rising costs, food and beverages (F&B) companies are seeking more transparency to understand the nuances of packaging procurement. In this article we explore some of the factors shaping F&B sustainable and strategic packaging decisions.
March 6, 2024
·
By the Fastmarkets team
Insights
PRICING NOTICE: Annual Review of PIX Recovered Paper Indices Methodology – Open Consultation
This consultation, which is open until April 3, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) Principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. Please find […]
March 6, 2024
·
By the Fastmarkets team
Insights
Four key takeaways from Fastmarkets’ Asian Ferro-alloys Conference 2024
Fastmarkets Asian Ferro-alloys Conference 2024 (AFA) took place in Hong Kong, China, on February 26-28, with discussions on the latest developments and the potential for the global market. Here we outline our four key takeaways from the event
March 6, 2024
·
By the Fastmarkets team, Jessica Long, Tina Tong
Insights
Proposal to adjust Fastmarkets’ foundry pig iron assessment
Fastmarkets is proposing to adjust its price assessment for MB-FEN-0004 Pig iron foundry grade, Brazil, fob New Orleans, $/tonne
March 5, 2024
·
By Amy Hinton
Insights
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