Fastmarkets has launched five core carbon principle (CCP) carbon credit price assessments, covering landfill gas and cookstove projects, on Tuesday April 28.

Fastmarkets is inviting feedback from the industry on the pricing methodology for its Middle East PIX Packaging GCC indices as part of its announced annual methodology review process.

Fastmarkets invited feedback from the industry on the pricing methodology for its MB-STE-0939 steel scrap HMS 1&2 index, domestic composite, delivered Saudi Arabia assessment, as part of its annual methodology review process.

Steel markets in Gulf Cooperation Council (GCC) countries are facing a growing supply crisis for steel and raw materials after the month-long regional conflict paralyzed shipping.

The Nordic sawn timber industry faces a crisis. A combination of factors, including rising log costs following the halt of Russian imports, sluggish demand for end-products, and tightening EU environmental regulations, is severely squeezing profit margins.

Fastmarkets invited feedback from the industry on the pricing methodology for its steel hot-rolled coil import, cfr Jebel Ali, UAE price, as part of its annual methodology review process.

Fastmarkets invited feedback from the industry on the pricing methodology for its steel reinforcing bar (rebar), domestic, delivered Saudi Arabia price, as part of its annual methodology review process.

The ongoing conflict in the Middle East has had a pronounced impact on the packaging industry across the GCC region, sending March containerboard prices and demand soaring. With shipping routes disrupted and fuel costs climbing, packaging producers are facing considerable logistical hurdles. As import delays persist, Saudi Arabia has seen a surge in containerboard demand, with orders increasingly redirected to local mills. Meanwhile, UAE fuel prices have jumped by 72%, though Saudi prices have remained stable despite volatility in global oil markets.

Fastmarkets has suspended the publication of 10 of its CFR Jebel Ali steel pipe prices, effective April 7.

Logistics disruptions, sharply higher freight costs and limited raw materials supply are among the main impacts from the ongoing conflict between the US, Israel and Iran on the Middle East's steel market, Asam Hussain, the chief executive officer of Arabian Gulf Steel Industries (AGSI), told Fastmarkets on Wednesday April 1.