Following a consultation period and market feedback, Fastmarkets has realigned its consumer buying prices for No1 bundles and No1 busheling scrap in Alabama, effective from the September 2022 monthly settlement.

Fastmarkets’ calculation of its steel scrap HMS 1&2 (80:20), export index, fob Los Angeles was published incorrectly on Wednesday August 31 due to a reporting error.

The publication of Fastmarkets' battery grade lithium hydroxide and lithium carbonate cif China, Japan & Korea spot prices was delayed on Thursday September 1, due to a reporting team error.

Fastmarkets has discontinued its price assessment for steel heavy plate, 8-50mm, export, fob Black Sea, CIS (MB-STE-0013), due to a substantial reduction in market activity.

Fastmarkets will change the frequency of certain Latin American steel export price assessments to monthly from weekly due to reduced liquidity observed in the market, effective Friday September 2.

Fastmarkets published its assessments of No1 and No2 copper material discounts later than scheduled due to a reporter error.

Fastmarkets proposes to discontinue converted price assessments for the following markets:

Fastmarkets will launch a manganese sulfate 32% Mn min, battery grade, ex-works mainland China price assessment on Thursday September 1.

Fastmarkets used the London Metal Exchange base metals prices at 08:59 GMT for the arbitrage calculations on Thursday August 25, because there was no data available at 08:00 GMT due to a system error.

The publication of Fastmarkets’ steel billet, import, cfr China price assessment for Tuesday August 23 was delayed this week and was instead published on Wednesday August 24.