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Wave of M&A starting as containerboard producers struggle with weak demand
After two difficult years, we anticipate demand for containerboard and corrugated board in Europe will start to recover this year. However, sluggish growth in the European economy will likely continue to be sluggish and consumer spending remains uncertain in the near term. Challenges will increase as containerboard capacity grows faster than demand during the next […]
March 11, 2024
·
By Tero Eerikainen
Insights
Recovery of global aluminium demand depends on interest rates in the US and Europe
Recovery in global aluminium demand depends on interest rates, mainly in the United States and Europe, while the global scenario remains challenging
March 11, 2024
·
By Leticia Simionato
Insights
China ferro-alloys sectors show muted response to 2024 economy targets
The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets
March 11, 2024
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By Jessica Long, Tina Tong
Insights
Construction industry outlook: Raw materials price trends in 2024
What is the outlook for key raw materials in the construction industry in 2024, including steel, scrap, aluminium and lumber?
March 11, 2024
·
By the Fastmarkets team
Insights
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
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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
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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
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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
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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
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