Fastmarkets RISI invited feedback from the industry on the pricing methodology for North American Graphic Paper, via an open consultation process between Mar. 26 and Apr. 26, 2021. This consultation was done as part of our published annual methodology review process. No feedback was received during the consultation period. This consultation, sought to ensure that […]

Appetites for steel scrap exports were broadly subdued in the week to Friday June 4, with the exception of imports into India and Pakistan.

Turkish steel producers ended the week with no deep-sea scrap bookings amid limited finished steel demand, market participants told Fastmarkets on Friday June 4.

Nornickel resumed operations at its Taimyrsky nickel and copper mine in Siberia on June 1, the world’s second biggest nickel producer said on Friday June 4.

Seaborne coking coal prices stayed largely stable in the cfr market and inched up in the fob market on Friday June 4, with major mills in the cfr market done restocking premium cargoes while market sentiment in the fob market turned bullish on market expectations of a facilities overhaul in July for major Australian miners, Fastmarkets heard.

After assessing market feedback, Fastmarkets is extending the consultation period for its proposal to launch a weekly price assessment for ferro-silicon, 75% Si min, cif Japan basis.

An accident at Kaohsiung port, Taiwan, in which a tower crane collapsed on Thursday June 3 will likely have minimal impact on discharge rates for containerized ferrous scrap in the coming days, market sources told Fastmarkets.

Base metals prices on the London Metal Exchange have attracted dip-buying this morning, Friday June 4, after weakness on Thursday when prices fell across the board by an average of 2.2%.

Mammoth steel-scrap margins and high-grade premiums prevalent in recent months are likely to persist in the short term but should fall away by the end of the year, panelists at the ferrous session of this week’s Bureau of International Recycling (BIR) Convention said.

Turkish steel producers extended their silence in the deep-sea scrap import markets amid weakening demand for finished long steel products, sources told Fastmarkets on Thursday June 3.