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China’s iron phosphate prices resume descent amid continuous oversupply and weak demand
Battery-grade iron phosphate prices in China turned lower again in the week to Friday January 5, with oversupply and weak demand forcing some sellers to lower prices aggressively to boost sales
January 8, 2024
·
By Zihao Li
Insights
What the sale of US Steel augurs for the American steel industry
The biggest steel story of the decade broke over a lazy summer Sunday in August 2023 – US Steel, the legacy steel producer that was synonymous with American steelmaking for decades, announced it had received “multiple unsolicited proposals” for the acquisition of its assets, and that the Pittsburgh-based steelmaker had started a “strategic review” of its options
January 8, 2024
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By the Fastmarkets team, Rijuta Dey, Alesha Alkaff
Insights
Suzano Cerrado project: Cost benchmarking boosts competitivity with costs under $100 p/tonne
Ribas do Rio Pardo, MS, Jan 2, 2024 (PPI Latin America) – Brazilian company Suzano, the world’s largest bleached eucalyptus kraft (BEK) pulp producer, is approaching the final stages of its Cerrado project, a new greenfield mill in Ribas do Rio Pardo city, Mato Grosso do Sul state, designed to produce 2.55 million tonnes per year […]
January 5, 2024
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By Marina Faleiros
Insights
Aluminium P1020 premiums in Rotterdam rise 10% into new year after months of decline
The market is now regaining momentum, with traders expecting further premium jumps once consumer activity picks up post-holidays
January 5, 2024
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By Imogen Dudman
Insights
European aluminium premiums trend upwards as other markets stabilize throughout holiday period
This increase was most notable in Rotterdam and Italy, reaching their highest levels since October 2023, underscoring the market's sensitivity to global events
January 5, 2024
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By Ruby Liu, Imogen Dudman, Chay Chye Leng, Laura Roberts
Insights
Global steel markets: Three things that will change and three that won’t | 2024 preview
The landscape surrounding the steel markets is set to shift in 2024, but will some things really change? We explore three potential twists that could reshape the steel market, alongside three things that probably won't budge
January 2, 2024
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By Janie Davies, Jessica Zong, Paul Lim, Zihuan Pan, Nabilah Awang, Daniel Hilliard
Insights
Asia’s green steel opportunities, evolving trade patterns the focus in Year of Dragon | 2024 preview
While navigating the Asian steel markets in 2024, market participants will come up against both supply chain bright spots and demand uncertainty characterized by a sluggish Chinese property sector and green steel pressures
January 2, 2024
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By Jessica Zong, Paul Lim, Jessica Long, Zihuan Pan, Olivia Zhang, Tina Tong, Nabilah Awang, Bella Cheng
Insights
Proposal to discontinue the PIX NBSK Pulp US index in NORTH AMERICA – Final Decision
Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. The feedback received included comments both for and against the proposal. Those ones against were mostly general, but no respondent said that the index is actively commercially used by them. Considering the responses, Fastmarkets FOEX has arrived at a […]
December 28, 2023
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By the Fastmarkets team
Insights
Discontinuing the PIX Pellet Nordic index – Final Decision
As previously proposed and following a consultation, Fastmarkets FOEX has decided to discontinue the PIX Pellet Nordic index. Fastmarkets FOEX will publish the last index on May 21, 2024.
December 27, 2023
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By the Fastmarkets team
Insights
Steel and ferro-alloys in the new year: 10 key themes | 2024 preview
The steel industry has long been a symbol of global economic might. But as we peer into 2024, the landscape appears more nuanced than ever
December 22, 2023
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By the Fastmarkets team
Insights
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