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PRICING NOTICE: Launch of iron ore 67.5% Fe pellet feed indices
Fastmarkets launches two daily indices to reflect the spot price of high-grade 67.5% Fe pellet feed products sold on a CFR China basis on Wednesday February 1 After a consultation period, Fastmarkets has launched a daily iron ore 67.5% Fe pellet feed premium index to track the fixed premium quoted above Fastmarkets 65% Fe Brazil-origin […]
February 1, 2023
·
By Jane Fan
Insights
GM deal the poster child for the US’ Inflation Reduction Act | Hotter on metals
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
February 1, 2023
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By Andrea Hotter
Insights
Jervois delays ramp-up to capacity at US cobalt mine to Q2
Australia-based cobalt and nickel supplier Jervois Global has delayed the start of commercial production of cobalt concentrate at its mine in the US state of Idaho, it said in a quarterly update on Monday January 30
February 1, 2023
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By Alexander Cook
Insights
Electrolysis could be key to net-zero steel future: SSNA
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
February 1, 2023
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By Grace Asenov
Insights
US Scrap Trends Outlook: February
Low supply, strong demand to spur scrap prices higher in Feb, market says
February 1, 2023
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By Sean Barry
Insights
Turkish mills already up to 10 US ferrous scrap cargo purchases in 2023
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
February 1, 2023
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By Amy Hinton
Insights
Tight supply, robust demand for high-purity aluminium keeps differential high
The current shortage of some higher purity grades of aluminium, such as P0610, and the robust demand for units should maintain the higher differential to prices for P1020-grade aluminium, market sources told Fastmarkets on Monday January 30
February 1, 2023
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By Carrie Bone, Imogen Dudman
Insights
Open consultation on methodology for Log Lines – final decision
Fastmarkets RISI invited feedback from the industry on the pricing methodology for Log Lines, via an open consultation process between Dec. 15, 2022, and Jan. 23, 2023.
February 1, 2023
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Insights
Correction to Fastmarkets’ premium hard coking coal, hard coking coal CFR prices
Fastmarkets has corrected its MB-COA-0005 premium hard coking coal, cfr Jingtang and MB-COA-0002 hard coking coal, cfr Jingtang indices, which were published incorrectly on Tuesday January 31 due to a technical error.
February 1, 2023
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By Olivia Zhang
Insights
Extension of consultation period on launch of Southeast Asia HBI price
After market feedback, Fastmarkets is extending the consultation period for its proposal to launch a cfr Southeast Asia hot-briquetted iron (HBI) price.
February 1, 2023
·
By Paul Lim
Insights
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