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Fastmarkets launches prevailing spodumene contract price, amends existing spot assessment
Fastmarkets today launches a prevailing contract price assessment for spodumene min 6% Li2O on a cif China basis.
March 24, 2022
·
By Zihao Li
Insights
US ferrous scrap export market quiet
The United States' ferrous scrap export market has quieted, with no deals reported since Monday March 14
March 23, 2022
·
By Lisa Gordon
Insights
Pig iron shortage from lost Ukraine-Russia volumes may be partly covered by other sources
A shortage in the global pig iron market caused by the absence of Ukraine, as well as Russia’s limited ability to sell, can only partially be covered by suppliers from other regions, sources told Fastmarkets on Tuesday March 22
March 23, 2022
·
By Marina Shulga
Insights
Voestalpine to switch to green steel production via EAFs by 2027
Austrian steelmaking group Voestalpine intends to replace coal-fuelled blast furnaces with climate-friendly electric-arc furnaces (EAFs) powered by green electricity at its sites in Linz and Donawitz by 2027, the company said in a press release on Wednesday March 23
March 23, 2022
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By Elina Virchenko
Insights
Mexican ferrous scrap prices extend upward momentum
Mexican steel scrap prices have increased again for almost every grade in the steelmaking regions of Monterrey and Bajio, with buyers continuing to try to secure supply
March 23, 2022
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By Felipe Peroni
Insights
Quotas to replace 232 tariffs vs UK: Commerce
The United States and United Kingdom have reached a deal that will replace the Section 232 tariffs applied to US imports of steel and aluminium products from that country with a quota system, the US Department of Commerce announced on Tuesday March 22
March 23, 2022
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By Lisa Gordon
Insights
Fastmarkets LME Nickel March Average skewed by suspension of market: subscriber notice
The Fastmarkets LME Nickel March Average has been skewed by the suspension of the market followed by the disrupted Officials published for the 8-21st March and the 23rd March. Please see the LME Notice 22/064 Nickel Market Update Resumption of Trading, paragraph 24 in regard to Averages methodology in the event of a disrupted Official. […]
March 23, 2022
·
Insights
Delayed publication of India shredded steel scrap import index
The publication of Fastmarkets’ twice-weekly index for India shredded steel scrap imports was delayed on Tuesday March 22 because of an internal error.
March 22, 2022
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By Ross Yeo
Insights
HRC index spikes as pig iron soars in US
Another rally in hot band prices is under way in the United States, not long after the coronavirus pandemic and Section 232 tariffs pushed the hot-rolled coil index to break new records in 2020 and 2021
March 22, 2022
·
By Rijuta Dey
Insights
DHL and Neste in huge 5-year offtake deal for sustainable aviation fuel
Biofuels producer, Neste, will supply 320,000 tonnes of aviation biofuel to the logistics company in one of the biggest offtake deals to date
March 22, 2022
·
By John McGarrity
Insights
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