Procurement and supply chain managers face new challenges as wooden pallet prices surge. Understand the key drivers behind this volatility to improve budget planning and supplier negotiations.

The amendment follows the decision made on May 14, after a consultation period for the proposed changes which took place between April 3 and May 11. The changes were first proposed in a pricing note published on April 3.  The purpose of the changes is to align the publication times to the activity in the […]

The price will be published weekly on Friday 5-6pm Shanghai time, instead of 7pm Shanghai time previously. The amendment aims to better reflect the prices of technology and energy metals (TEM) in the Chinese market and ensure that subscribers receive timely and accurate pricing information. The amendment was first announced in a pricing notice published […]

South Korea has stepped up its efforts to support its steel sector, amid escalating tensions in the Middle East and tariff pressures elsewhere, by including the sector in a $54 billion support package for key industries in the country, Fastmarkets understands.

Recent Middle Eastern tensions and a sharp drop in traffic through the Strait of Hormuz could present a major opportunity for Russian pulp producers.

The proposal follows Fastmarkets’ observations that the commodity sees inactive spot liquidity and low volatility in prices. The proposed new specifications for the prices are as follows, with the amendments in italics: MB-NI-0246 Nickel sulfate, cif Japan and Korea, $/tonneQuality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% […]

The four assessments will cover continental Europe and the UK, for tissue jumbo rolls made from wood pulp and recycled pulp in a basis weight range of 14.5-18.0g per square meter. The decision follows a one-month consultation period that ended on Saturday May 16. The proposed specifications are as follows: FP-TS-0009 Tissue, wood pulp jumbo rolls for […]

Fastmarkets is clarifying the publishing schedule for two Saudi Arabia steel price assessments following confirmation of the dates of the Eid al-Adha holiday.  The two price assessments affected are as follows: MB-STE-0909 – Steel reinforcing bar (rebar), domestic, delivered Saudi Arabia, riyals/tonne MB-STE-0940 – Steel billet, import, cfr Saudi Arabia, $/tonne The domestic rebar price assessment […]

Alex Kershaw unpacks the recent volatility in global scrap steel markets and what is driving price movements across key regions. From the US and Europe to Turkey and China, the discussion explores how rising energy and freight costs are lifting prices despite weak steel demand.

In this short episode of Fast Forward, Alex Kershaw, senior analyst for steel, raw materials and ferrous scrap at Fastmarkets, unpacks the recent volatility in global scrap steel markets and what is driving price movements across key regions.