Fastmarkets has corrected its MB-IRO-0188 - Iron ore 67.5% Fe pellet feed cfr Qingdao and MB-IRO-0013 - Iron ore 65% Fe concentrate cfr Qingdao indices, which were published incorrectly on Wednesday March 19 due to a technical calculation error.

These inferred net price indices would be calculated based on the PIX Pulp Europe (gross) price indices and Fastmarkets’ assessment of typical rebates offered to customers. The basic specifications for the new inferred net price indicators would be as for the PIX Pulp Europe gross price indices. The consultation period for this proposed launch starts […]

Full details of the prices covered by this consultation can be found here. Specifically, Fastmarkets requested comments on whether the current discount levels for European pulp have grown too high and invited open-ended feedback on potential remedies moving forward. Feedback from the industry was mixed, with a number of potential remedies suggested by the industry including […]

Forecasting is not an absolute exact science, but it provides a general expectation of future growth scenarios based on assumptions. Accessing two, five and 15-year forecasts by region and grade enables parties to plan around market changes. At Fastmarkets, our macroeconomic forecasts serve as a foundation for various forestry product forecasts, such as pulp, packaging, […]

The adjustment, which follows a consultation which ended on Tuesday March 18, will enable Fastmarkets to track a broader range of data by incorporating major ports, including Hay Point Coal Terminal, Abbot Point Coal Terminal, Gladstone Port and Port Kembla, alongside the current Dalrymple Bay Coal Terminal. To ensure consistency of the assessments, normalization of ports […]

French shipping giant CMA CGM Group’s plan to invest $20 billion in maritime transportation, logistics and supply chains in the US over the next four years signals the start of a turnaround for US shipbuilding and will increase demand for steel plate by as much as an estimated $2 billion over the term of the investment, according to market participants.

Timber prices continue to remain subdued by our estimates. Log demand and prices have declined in most major North American producing regions as the US housing market throttled back and mills were temporarily shut or reduced shifts. Timber prices are influenced by many factors, one of which is lumber prices. In the US, roughly 70% […]

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Market participants are reporting significant disruption in shipping containers of metal scrap

This is a follow-up pricing notice to yesterday’s notice about the delay. The following prices were affected by this:MB-AL-0256 Aluminium fixing price for LME trade, rand/tonne MB-CU-0338 Copper fixing price for LME trade, rand/tonne MB-PB-0064 Lead fixing price for LME trade, rand/tonne MB-NI-0093 Nickel fixing price for LME trade, rand/tonne MB-SN-0005 Tin rand fixing price for LME trade, rand/tonne MB-ZN-0072 Zinc rand […]