Fastmarkets has amended the specifications for its three pig-iron price assessments in the United States and Brazil to reflect the existing market conditions.

Fastmarkets proposes to discontinue its aluminium premium assessments for Antwerp duty-paid and unpaid and Vlissingen duty-paid and unpaid.

The demand for oil country tubular goods (OCTG) and linepipes in the Middle East region is expected to remain strong in the next five years supported by the development of oil and gas drilling and infrastructure, James Ley, principal consultant of Fastmarkets MB research, said at the 22nd Middle East Iron and Steel Conference in Dubai, on December 10-12.

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Thursday December 27.

Base metals prices on the Shanghai Futures Exchange were mostly up during Asian morning trading on Thursday December 27, with the complex buoyed by improved risk sentiment following a rally in US equities.

The latest news and price moves to start the Asian day on Thursday December 27.

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Wednesday December 26.

Base metals prices on the Shanghai Futures Exchange were on divergent paths during Asian morning trading on Wednesday December 26, with aluminum registering the largest gain on news of further capacity cuts in China.

Fastmarkets AMM will discontinue its US domestic mesh-quality wire rod price assessment, following a market consultation that began on October 11.

Fastmarkets will amend the frequency and specifications of its wire rod prices, following a market consultation that began on October 11.