Due to a processing error, the publication of some of Fastmarkets’ minor metals price assessments were delayed on Wednesday May 5.

Turkish steel mills resumed their deep-sea scrap purchases for June shipments with another sharp increase in prices, market participants told Fastmarkets on Thursday May 5.

Fastmarkets is proposing to launch a monthly assessment of the discount for No1 copper material, candy/berry, on a cif China basis.

Fastmarkets will, on Friday May 7, launch a new weekly price index for the premium that high-quality 65% Fe blast furnace grade iron ore pellet commands on a spot basis above the 65% Fe Fines index.

Fastmarkets is adjusting the impurity ranges for its 65% Fe iron ore blast furnace pellet index from Friday May 7.

Liberty Steel Group is reshuffling its board to bring in four additional roles including a chief restructuring officer, the company said on Wednesday May 5.

Fastmarkets is proposing to extend the delivery window for its price assessments of aluminium 6063 extrusion billet premiums in Europe.

Random Lengths International will move forward with its proposal to retire seven price assessments of Brazilian plywood exported to the U.S. The prices are published in both U.S. dollars per 1,000 square feet and in U.S. dollars per cubic meter, f.o.b. truck, U.S. Gulf and East Coast ports. We have determined that buyers and sellers […]

The Turkish deep-sea scrap import market went quiet after the sharp increase in prices following China’s cancellation of export tax rebates on some steel products, market participants said on Tuesday May 4.

With Chinese markets closed, volume traded on the London Metal Exchange has been light this morning, Tuesday May 4, with 2,368 lots traded as of 6.14am. But the base metals were holding up in high ground with gains averaging 0.7%, led by a 1.1% rise in copper to $9,916.50 per tonne.