Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.

Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.

Domestic prices for tallow in Brazil rose to their highest levels on Thursday August 28 since Fastmarkets started the assessment in October 2024.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our September survey.

The two prices were discontinued in 2022 due to a lack of activity and sources in this market.  After a consultation period, from August 4 to September 1, Fastmarkets has decided to relaunch these two white recovered paper markets.  The relaunch aims to strengthen Fastmarkets’ coverage of the tissue jumbo rolls market in Brazil, given […]

This proposal follows the transition of the settlement of the Chicago Mercantile Exchange No1 busheling contract to Fastmarkets’ assessment of the Chicago No1 busheling price on December 16, 2024. The index has remained active in the interim to support existing contracts that are settled against that calculated number. The specifications for the affected index are […]

The list of incorrect and corrected prices for AG-SYB-0082 Crush Margin US Soy M1 c$/bu can be found here. Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Grains and Oils, Fats and Biofuels packages. For more information or to provide feedback on this correction notice or if you would like […]

Fastmarkets has added these assessments in response to customer demand for more information along the forward curve. AG-SYB-0032: Soyoil cfr India $/mtQuality: 1% FFA max 1.25%, 0.1% max moistureQuantity: 10,000-20,000 tonnesLocation: CFR, West Coast IndiaTiming: Shipment is the next loading month from the assessment day for the first 15 days of the month, with the […]

Fastmarkets proposes to amend the specifications of its iron ore 62% Fe fines, fot Qingdao indices to align with the specifications for mid-grade sinter fines in China’s portside market.

Aluminium producers in other countries are increasingly viewing Brazil as an alternative market because of the growing difficulties in accessing the markets in the US because of that country’s import tariffs, market participants said in the week to Thursday August 28.