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VIETNAM STEEL SCRAP: Booming global prices support import market
Surging scrap and steel markets around the world are providing much support to ferrous scrap import prices in Vietnam, sources told Fastmarkets in the week to Friday December 18.
December 18, 2020
·
By Paul Lim
Insights
PRICING NOTICE: Amendment to manganese ore 44% Mn index specifications
Fastmarkets has amended the specifications for its manganese ore 44% Mn, cif Tianjin, $/dmtu index.
December 18, 2020
·
By Jon Stibbs
Insights
Coverage Note – Launch of recycled pulp assessment CIF China and change in destinations for several RCP assessments
Following an open consultation to seek feedback from the industry last month, Fastmarkets RISI has decided to launch two new recycled brown pulp price assessments for China from January 2021. At the same time, Fastmarkets RISI will discontinue assessments for recovered paper (RCP) imports to China and shift to non-China Asia for double-sorted old corrugated […]
December 18, 2020
·
Insights
US hot-rolled coil index continues creep toward $50/cwt
Hot-rolled coil prices in the United States continued to climb toward $50 per hundredweight ($1,000 per short ton), with little spot availability and relatively long lead times maintaining record-high prices, according to market participants.
December 18, 2020
·
By Grace Asenov
Insights
FAO calls for $40m funding to fight latest locust outbreaks
The Food and Agriculture Organization of the United Nations (FAO) has warned of a repeat of last year’s costly...
December 17, 2020
·
By Tom Houghton
Insights
Rio Tinto names Jakob Stausholm as new CEO
Jakob Stausholm will become the new chief executive officer of mining major Rio Tinto at the start of next year, the company announced on Thursday December 17.
December 17, 2020
·
Insights
US hot-rolled coil index nears $50/cwt as quiet price hikes stick
Hot-rolled coil prices in the United States continued to test 12-year highs following a wave of quietly announced but successful mill increases, market participants said.
December 17, 2020
·
Insights
Argentina crush strikes could ‘last until next week’: union
Argentine oilseed workers are expected to continue the strike actions that are currently hitting activity at most of the...
December 16, 2020
·
By Juan Pedro Tomas
Insights
PRICING NOTICE: Fastmarkets holiday pricing schedule for 2020
The Fastmarkets holiday pricing schedule is below.
December 16, 2020
·
Insights
Egypt rebar consumption up by almost 50%, sparking fears of potential shortages in months ahead
Rebar consumption in Egypt was up by almost 50% month on month in November due to a resurgence in restocking activity and after the easing of building restrictions led to a slight uptick in demand.
December 16, 2020
·
By Serife Durmus
Insights
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