Companhia Siderúrgica Nacional (CSN) is preparing for a November restart of blast furnace No2 at its Presidente Vargas mill in the city of Volta Redonda in southeast Brazil, sources said this week.

Steel producers in Turkey returned to the deep-sea scrap markets on achieving lower prices in the week ended Friday October 2, while the Asian markets were largely stable amid reduced availability and holiday absences in the territory.

Fastmarkets will change the thickness of its steel heavy plate, 20-60mm, import, cfr main port India, $/tonne price assessment to 10-40mm after a month-long consultation.

Base metals prices on the London Metal Exchange were for the most part weaker this morning, Friday October 2, but our focus is on the broader markets because US President Donald Trump has tested positive for Covid-19, which in itself is a major development, but is also going to have ramifications on the run-up to the presidential election on November 3.

Producers that can make more than 85% of North American containerboard announced $50/ton price increases for linerboard and corrugating medium, effective Nov. 1 or 2. North America’s second biggest boxmaker WestRock announced the containerboard increase along with a 9% increase for its boxes and an 11% increase for its sheets, effective Nov. 1. The containerboard […]

Prices for cargoes of steel scrap imported to Vietnam held largely stable in the week to Friday October 2 following a reduction in volumes offered by Japan.

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

Rising steel prices over the coming months are likely to prop up prices for ferrous scrap in Japan, the Japan Iron and Steel Recycling Institute (Jisri) said on Thursday October 1.

Fastmarkets MB is inviting feedback on its audited non-ferrous price assessments and indices, as part of its annual methodology review, in compliance with IOSCO principles for price reporting agencies (PRAs).

Base metals prices on the London Metal Exchange and pre-market western equity index futures were for the most part firmer this morning, Thursday October 1, albeit in quiet conditions with China, Hong Kong and South Korea closed for holidays and technical problems meaning the Tokyo Stock Exchange could not open.