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Global firms SMS, LOTTE cooperate on new EV-focused US aluminium plant
German equipment provider SMS Group will provide a logistics and storage system for a forthcoming $238.7 million aluminium foil plant being built in the US by South Korea’s LOTTE Group to meet demand for the material’s use in electric vehicles (EVs)
December 2, 2022
·
By Orla O'Sullivan
Insights
Corrections to daily US, Northern Europe steel scrap indices
Fastmarkets has corrected its price indices for US- and Northern Europe-origin steel scrap, CFR Turkey, which were published incorrectly on Thursday December 1 due to a technical error.
December 1, 2022
·
By Elina Virchenko
Insights
Discontinuation of Fastmarkets’ price assessment for Venezuela HBI exports
Fastmarkets has today discontinued its price assessment for hot-briquetted iron export, fob main port Venezuela (MB-FE-0002).
December 1, 2022
·
By Marina Shulga
Insights
Launch of DR-grade iron ore pellet premium weekly indicator
After a consultation period, Fastmarkets has launched a weekly indicator for direct-reduction (DR)-grade iron ore pellet premiums, known as the iron ore DR-grade pellet premium indicator, $ per tonne.
December 1, 2022
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By Ross Yeo
Insights
Correction to Pittsburgh bundles, busheling averages
Fastmarkets has corrected the average calculation of its prime scrap prices in Pittsburgh.
November 30, 2022
·
Insights
Early publication of titanium scrap and ferro-titanium prices
The publication of Fastmarkets’ titanium scrap and ferro-titanium prices on November 30, 2022 took place earlier than scheduled due to an editor error in the approval process.
November 30, 2022
·
By Janie Davies
Insights
European Aluminium sets up independent taskforce to probe certain Turkish imports, sources say
Industry association European Aluminium has put together an independent taskforce to investigate certain aluminium imports to the region from Turkey, according to documents seen by Fastmarkets
November 30, 2022
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By Imogen Dudman
Insights
Containerboard prices drop in Mexico with cheaper OCC
There may be further room in the containerboard market for price cuts, but demand could help stabilize prices
November 30, 2022
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By Marina Faleiros
Insights
Pipe, mechanical tube prices continue to soften
Prices for standard pipe and mechanical tube in the United States continued to fall in November, but market participants are hoping that a recent uptick in hot-rolled coil prices will signal an end to the downturn
November 30, 2022
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By Mark Burgess
Insights
North American kraft paper prices unaffected by swing containerboard capacity and slower demand
Unbleached kraft bag and sack paper prices stay unchanged this month
November 29, 2022
·
By Gregory Rudder
Insights
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