Fastmarkets is proposing to extend the delivery window for its price assessments of aluminium 6063 extrusion billet premiums in Europe.

The Turkish deep-sea scrap import market went quiet after the sharp increase in prices following China’s cancellation of export tax rebates on some steel products, market participants said on Tuesday May 4.

Global grain merchant Bunge has reported net income of $831 million in the first quarter of 2021, a recovery from a $184 million loss in the same quarter of last year...

The publication of Fastmarkets’ European aluminium scrap and secondary prices assessments for Friday April 30 have been delayed because of a technical issue.

France’s winter cereal condition ratings continued to fall over the week as the EU’s biggest producer and exporter deals...

Fastmarkets, the global commodity price reporting agency, and NOREXECO ASA, the international pulp and paper exchange, today announced that the exchange will launch two new cash-settled China pulp futures contracts on June 1 based on Fastmarkets RISI’s NBSK CIF China assessment and Fastmarkets FOEX’ PIX China BHKP Net index.

Fastmarkets has corrected its weekly price assessment for European high-carbon ferro-chrome (60-70% Cr), which was published incorrectly on Tuesday April 27 due to a reporter error.

European buyers of steel coil are encountering difficulties obtaining credit insurance and opening credit lines for purchases because of the rapid price rises and extended lead times in recent months, sources told Fastmarkets this week.

The base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday April 23, as were the wider markets while US President Joe Biden prepares to announce his plans on tax.

Domestic demand in the United States for hot-rolled coil is "phenomenal" and is expected to remain that way for the rest of 2021 and into 2022, Steel Dynamics Inc (SDI) president and chief executive officer Mark Millett said during the company's earnings call.