Fastmarkets proposes to amend the publication time of its Bangladesh steel scrap import price assessments to 4pm UK time from 5-6pm Singapore time currently.
The publication of Fastmarkets’ price assessments of both aluminium scrap LM24 pressure diecasting ingot and aluminium scrap LM6/LM25 gravity diecasting ingot, delivered consumer UK, as well as other UK aluminium scrap grades for Wednesday November 1 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers
While demand for stainless scrap remains very weak in the United States, scrap prices for the 300-series grades jumped this week on continued tight supply and a spike in London Metal Exchange nickel prices, with the nickel cash contract at its highest since May