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    • US steel market expects no impact from WTO ruling against Section 232 tariffs
      The US steel industry has mostly dismissed the recent World Trade Organization ruling against Section 232 tariffs on steel and aluminium imports and does not expect it to have much, if any, impact on the market
      December 15, 2022
       · 
      By Abby Verret
      Insights
    • Lower carbon a ‘tie-breaker’ in US rebar market: Stickler
      Steelmakers offering lower-carbon steel reinforcing bar (rebar) have a competitive advantage over traditional rebar producers, even if customers are unwilling to pay a premium for it in a price-sensitive market, according to David Stickler, senior managing partner of Global Principal Partners
      December 14, 2022
       · 
      By Rijuta Dey
      Insights
    • Cleveland-Cliffs hikes flat steel prices; market unsure if increase will stick
      Cleveland-Cliffs has increased its flat steel spot market base prices for the second time in just over two weeks, and participants think the market can absorb some of this increase, but not necessarily in full
      December 14, 2022
       · 
      By Abby Verret
      Insights
    • Extension of consultation period for proposed launch of European secondary aluminium billet premium
      Fastmarkets is extending the consultation period for its proposal to launch an assessment of the secondary aluminium billet premium, delivered duty paid Europe, for a further two weeks, following initial feedback on the proposed specifications.
      December 14, 2022
       · 
      By Carrie Bone
      Insights
    • Scrap shortages the main challenge for Turkish steelmakers in year ahead – MEIS 2022
      Turkish steelmakers are facing multiple challenges, with a squeeze in scrap availability the main problem, along with high energy costs, a weak lira and low export demand, speakers at the 2022 Middle East Iron & Steel (MEIS) conference in Dubai said on Tuesday, December 13
      December 14, 2022
       · 
      By Ross Yeo
      Insights
    • China’s EV market bucks downward auto output
      Production and sales of automobiles in China continued to fall in November from the previous month and from last year, buckling under pressure from Covid-19 but demand for electric vehicles (EVs) withstands pressure
      December 14, 2022
       · 
      By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju, Jinfan Yang
      Insights
    • Customer notice: Permissioning for three NYMEX futures prices to switch to COMEX
      Fastmarkets will move the permissioning of three futures contracts from NYMEX to COMEX as of January 16, 2023 to reflect changes at the exchange level.
      December 14, 2022
       · 
      By pricing@fastmarkets.com
      Insights
    • Some Asian newsprint prices fall over Q4 with further declines expected next year
      An in-depth look at what has caused the newsprint paper price drop in Asia with a focus on trade between China, Russia and India
      December 13, 2022
       · 
      By Jessica Zimbalatti
      Insights
    • US HRC index consolidates around $34/cwt
      Hot-rolled coil prices in the United States hovered around $34 per hundredweight ($680 per short ton) while domestic mills continued offering hot band at the newly stabilized price
      December 13, 2022
       · 
      By Rijuta Dey
      Insights
    • Proposal to amend Fastmarkets’ 66% Fe iron ore concentrate index specs and launch standalone premium index
      Fastmarkets proposes to amend the index specifications of its 66% Fe iron ore concentrate index, increase the frequency from weekly to daily, and to launch a standalone premium index to more closely reflect and provide more transparency for the spot prices of iron ore concentrate products.
      December 13, 2022
       · 
      By Jane Fan
      Insights
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