Fastmarkets’ Shanghai-London arbitrage calculations for base metals were published incorrectly on Wednesday September 28 due to a reporter error,

Following market feedback on the discrepancy between machine shop turnings and other ferrous scrap grades in the Houston dealer selling market, Fastmarkets proposes a realignment of the remaining grades in Houston, effective from the October 2022 monthly settlement.

Fastmarkets is proposing a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.

Fastmarkets is proposing a comprehensive update of its stainless steel scrap prices to bring them in line with its global price reporting agency standards.

Fastmarkets is extending the consultation period for its proposal to change the publication frequency of nickel sulfate prices cif China, Japan and Korea to weekly from monthly.

Fastmarkets is proposing to launch a mixed-hydroxide-precipitate, cif China, Japan and South Korea price assessment to track the market dynamics of this emerging nickel sulfate feedstock.

Fastmarkets is revising its base metals publication schedule for September 19 following a decision by the London Metal Exchange to partially suspend ring-trading on the day, out of respect for the state funeral of HM Queen Elizabeth II.

Fastmarkets’ UK offices will be closed on Monday September 19 for a public holiday in observance of the funeral of Her Majesty Queen Elizabeth II.

Fastmarkets has updated its consumer buying price for steel scrap No1 heavy melt and cut structural/plate, 5’ max, delivered mill Cleveland, following the arrival of late information for the domestic ferrous scrap monthly trade in September.

Fastmarkets proposes to amend the frequency of its price assessment for steel billet, import, cfr China, $/tonne to once per week in response to low liquidity.