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EU, US fail to reach agreement on Global Arrangement on Sustainable Steel and Aluminium
Talks between the European Union and the United States began in October 2021, where both parties announced the Global Arrangement on Sustainable Steel and Aluminium (GASSA), a partnership in which both parties would negotiate an arrangement to combat global overcapacity and climate change. The discussions would include discouraging trade in high-carbon steel and aluminum that […]
November 7, 2023
·
By Alesha Alkaff
Insights
US Midwest low-carbon aluminium differentials at zero; interest grows
Fastmarkets assessed its new aluminium low-carbon differential P1020A, US Midwest at zero on Friday November 3. The assessment for the aluminium low-carbon differential for value-added product, US Midwest, also was at zero on Friday. Fastmarkets aims to bring transparency to the market with its new low-carbon aluminium differentials. “We are getting lots of questions about carbon […]
November 6, 2023
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By Yasemin Esmen
Insights
Demand remains firm for tropical hardwoods in North American markets
Despite a modest slowdown in new orders, the demand for tropical hardwoods remains robust in North American markets, particularly in high-end projects and exterior applications, with supply issues varying across different species and specifications.
November 1, 2023
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By the Fastmarkets team
Insights
Canada’s SRC rare-earth plant nears completion
Fastmarkets interviews Jeremy Harrison, Saskatchewan’s trade and export minister, about why the province is investing in rare earths processing
October 26, 2023
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By Caroline Messecar
Insights
Steel industry weighs the costs as CBAM transition period begins
Steel market participants gathered at the Nordics regional meeting of steel distributors’ association Eurometal in Copenhagen, Denmark on Thursday October 5, where key discussion topics were how the EU’s Carbon Border Adjustment Mechanism (CBAM) will operate and the risks importers face once it reaches final implementation
October 13, 2023
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By Julia Bolotova
Insights
Fastmarkets webinar recap: southern yellow pine and lumber futures
Fastmarkets hosted an insightful webinar on the future of southern yellow pine and its potential impact on the North American lumber industry. For those who missed it, here's a breakdown of the key takeaways
October 12, 2023
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By the Fastmarkets team
Insights
PIX recovered paper Germany price indices move up in September
This development represented buyers’ efforts to keep the gap between domestic and export prices from getting too wide, but the hikes ultimately did little to narrow the gap
October 11, 2023
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By the Fastmarkets team
Insights
Pulp prices rise in Europe during September, but market remains fragile
Despite the precarious condition of the European pulp market, there have been some price increases for bleached eucalyptus kraft (BEK) pulp and northern bleached softwood kraft (NBSK) pulp
October 11, 2023
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By Steven Sachoff
Insights
Indian infrastructural initiatives mark country as rising hotbed of ferrous scrap demand
With increasing volumes of shredded scrap being exported from the US West Coast, Fastmarkets is launching a shredded scrap export index to balance its ferrous scrap exports offering from the US East and West Coasts
October 11, 2023
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By Amy Hinton
Insights
China copper premium rises after holiday; US premium faces pressure: LME week
China’s premium for copper cathode imports increased after the country’s golden week holiday from September 29 to October, supported amid favorable import conditions, while the premium in the US copper market came under pressure due to excess supply, sources said
October 11, 2023
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By Sally Zhang, Orla O'Sullivan
Insights
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