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Decision to adjust 400-series stainless steel scrap consumer buying prices [correction, update]
Fastmarkets adjusted its assessments for the stainless steel scrap 430 bundles, solids, consumer buying price, delivered mill Pittsburgh and the stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh effective Monday February 12.
February 22, 2024
·
By Amy Hinton
Insights
NA domestic liner prices narrowly increase $40, marking first rise in two years; box demand still mixed
Linerboard prices have seen a slight rise amid the unpredictable market shifts in North America. We discuss some of the potential implications in our recent article
February 19, 2024
·
By Gregory Rudder
Insights
US packaging paper demand dropped by 2% while unbleached capacity rose by 9% in 2023
The pace of demand for paper packaging in the US slowed in 2023 due to end-user destocking and prices for unbleached paper dropped by $40-50 compared to 2022
February 8, 2024
·
By Gregory Rudder
Insights
North American liner price rises impact demand outlook for boxmakers
In a marketplace with more than enough supply and unsettled demand, pricing for linerboard held unchanged for January, as major integrated mills lined up their Jan. 1 invoices for higher pricing of $70/ton on linerboard and $100-110/ton for corrugating medium in North America’s open market. Based on Fastmarkets’ PPI Pulp & Paper Week pricing survey, roughly one-third […]
January 30, 2024
·
By Gregory Rudder
Insights
Smelter closure to wipe nearly 30% of US aluminum capacity
In a letter to its employees seen by Fastmarkets on Wednesday January 24, the independently owned Magnitude 7 Metals LLC aluminium smelter in Marston, Missouri said it would curtail its operations over the course of the next three to five days, and that "most employees will no longer be required after January 28"
January 25, 2024
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By Yasemin Esmen
Insights
European aluminium premiums trend upwards as other markets stabilize throughout holiday period
This increase was most notable in Rotterdam and Italy, reaching their highest levels since October 2023, underscoring the market's sensitivity to global events
January 5, 2024
·
By Ruby Liu, Imogen Dudman, Chay Chye Leng, Laura Roberts
Insights
US senate proposes tax credit for rare earth magnets with bipartisan backing
Legislation to implement a US production tax credit for rare earth magnets made domestically has been introduced in the US Senate with bipartisan backing, the proposing senators announced on Friday December 15
December 18, 2023
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By Solomon Cefai
Insights
US select committee recommends creation of critical mineral reserve to protect domestic industry
This recommendation, along with others like promoting domestic battery recycling and research funding for alternative battery chemistries, is part of a larger strategy to enhance US resilience in strategic areas
December 14, 2023
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By Justin Yang, Alexander Cook, Solomon Cefai, Caroline Messecar
Insights
Kraft linerboard and recycled linerboard prices sink by $20 in North America’s open market
The linerboarprice drops are a result of discount deals emerging in the North American linerboard market
November 27, 2023
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By Gregory Rudder
Insights
US housing starts and permits edge higher in October when compared to September this year
Multifamily housing starts show some sign of life in late 2023, but the overall picture shows a different trend when compared to single-family
November 23, 2023
·
By Joe Pruski
Insights
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