Fastmarkets proposes to discontinue its steel heavy plate, 8-50mm, export, fob Black Sea, CIS price assessment (MB-STE-0013) due to substantially reduced market activity.

Fastmarkets is increasing the frequency of its primary foundry alloy (PFA) silicon 7 ingot premiums in Europe from monthly to twice a month.

The Shanghai Futures Exchange copper price used in Fastmarkets’ base metals arbitrage calculation on Friday July 15 has been amended due to an unprecedented market change.

Fastmarkets advises that some monthly regional ferrous scrap markets have not settled for July. Fastmarkets typically settles these markets on or before the 10th of the month.

Following a consultation period and market feedback, Fastmarkets has realigned its consumer buying price for ferrous scrap turnings in Detroit, effective the July 2022 monthly settlement.

Fastmarkets published its Commonwealth of Independent States export billet index later than scheduled on Friday July 8, due to a reporter error.

Fastmarkets will roll over its steel price assessments next week in countries that will observe the upcoming Eid al-Adha holiday.

Fastmarkets has amended the specifications and publishing time of its price assessment for Bauxite fob Brazil following an extended consultation

Fastmarkets AMM will be closed on Monday July 4 in observance of the Independence Day holiday.

Following a 30-day consultation period, Fastmarkets has amended the minimum accepted tonnage for data collection of United States ferro-molybdenum and molybdic oxide from 10 tonnes to five tonnes.