Japan’s government has announced plans to make carbon trading, a system of carbon dioxide (CO2) emissions quotas, mandatory for high-emission firms from the 2026 fiscal year, which could have far-reaching consequences for Asian steelmakers, sources told Fastmarkets in the week to Friday November 29.

To view and download the schedules please visit: https://www.fastmarkets.com/methodology/forest-products. For questions and comments please contact pricing@fastmarkets.com.

In late September, the People’s Bank of China (PBOC) announced a cut in the existing mortgage rate by an average of 50 basis points.

This consultation was done as part of our published annual methodology review process. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International […]

October strikes have threatened US supply to Asia, pushing up demand for European materials.

The publication of Fastmarkets’ India import aluminium scrap price assessments for Wednesday October 2 were delayed because of the Gandhi Jayanti public holiday in India. Fastmarkets’ pricing database has been updated.

The economy is expected to grow gradually, driven by strong exports, investments in emerging industries and stimulus packages.

The date for the publication of the assessment was incorrectly shown to be September 19, 2024 due to technical reasons in accordance with our internal practices. The error has been corrected and Fastmarkets’ database has been updated to reflect the correction. FP-PLP-0053 Northern Bleached Softwood Kraft, imports from N.America and Scandinavia is part of the Fastmarkets […]

Fastmarkets has corrected its MB-ALU-0018 alumina index inferred, fob India, $/tonne; MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne; and MB-ALU-0020 alumina index inferred, fob Vietnam, $/tonne, which were published incorrectly from September 2 to September 9.

This consultation, which is open until September 13, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]