Fastmarkets will discontinue its assessment of the MB-CU-0410 copper rod premium, ddp Midwest US, US cents per lb, from November 6. After a consultation period, which ended on Wednesday October 8, Fastmarkets will discontinue the premium due to low market liquidity and a lack of demand. Fastmarkets received only neutral or indifferent feedback during the consultation […]

Major Indian secondary lead manufacturer Pondy Oxides & Chemicals Limited (POCL) has reaffirmed its commitment to the green transition by making a strategic investment in US-headquartered ACE Green Recycling.

Due to “a lapse in federal funding,” US Census Bureau trade data will not be updated until after the government shutdown is resolved, the US Census Bureau website said on Tuesday October 7. Fastmarkets typically publishes ferrous, non-ferrous scrap and raw material data after it is released, within the first 10 days of each calendar […]

The following prices will be published on Wednesday October 8 instead of their scheduled pricing day of October 9. This accommodates the change of Egypt’s Armed Forces Day public holiday from October 6 to October 9. These prices would normally be priced the next working day, but will instead be priced on the preceding day […]

The publication of Fastmarkets’ steel slab import, cfr Southeast Asia/East Asia, assessment for Monday October 6 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following assessment was published late: MB-STE-0140, steel slab import, cfr Southeast Asia/East Asia, $/tonne [LINK] This price are a part of the Fastmarkets steel package. […]

Fastmarkets proposes to launch a price index for West Coast steel hot-rolled coil, following ample feedback from the market suggesting we could provide additional clarity to the steel market with prices focused in that region. The hot-rolled coil market dynamics in the West Coast region are unique compared with those in the Midwest and South […]

The publication of the affected prices was delayed for 58 minutes. The following indices were published late:MB-MNO-0001 Manganese ore high grade index, cif Tianjin, $ per dmtuMB-MNO-0002 Manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, $/dmtuMB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $/dmtu These prices are a part of the Fastmarkets Ores & […]

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey.

Chinese cobalt refiners are preparing to use cobalt metal as feedstock for sulfate and tetroxide production, as tightening supply and price rallies on cobalt hydroxide from the Democratic Republic of Congo (DRC) have made smelters look for alternatives, market sources told Fastmarkets.

China has unveiled a two-year work plan to stabilize its giant steel sector, setting out measures to curb overcapacity, shore up profitability and accelerate a long-term transition toward greener and more technologically advanced production.