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Holiday Notice: Good Friday

Fastmarkets’ United States offices will be closed on Friday April 15 in observance of Good Friday. There will be no separate AMM Daily Newsletter or AMM Scrap Settlements newsletter dated Tuesday April 19, although automated newsletters will still be available via the Fastmarkets Dashboard.

April 11, 2022
Aluminium Pricing notice Steel

Pricing
The New York Mercantile Exchange and London Metal Exchange are closed on April 15 and the LME is also closed on Monday April 18.

Schedule changes
Steel prices in the Americas normally published on Fridays – including weekly plate and Latin American steel assessments – will instead be published on April 18 and Thursday April 14 respectively.

Nonferrous prices, including the Midwest aluminium premium, will instead be updated on April 14. Scrap prices usually due on the day, including the bi-monthly city scrap prices, will instead be published on April 18. There will be no daily hot-rolled coil index or daily busheling indicator for April 15.

To see all of Fastmarkets’ pricing methodologies and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Correction to aluminium 6063 extrusion billet premium, in-whs dp Rotterdam, on October 11
Fastmarkets has corrected its assessment of the MB-AL-0002 aluminium 6063 extrusion billet premium, in-warehouse dp Rotterdam, which was published incorrectly on Friday October 11.
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Chinese steelmakers raise November steel prices on SHFE rally, improved demand
Leading Chinese steelmakers will raise prices for their products by up to 600 yuan ($85) per tonne for domestic sales in November, following a significant rally in Shanghai steel futures prices and an increase in demand, sources told Fastmarkets on Thursday October 10.
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Final decision on open consultation on methodology for Asia Graphic Paper
This consultation was done as part of our published annual methodology review process. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International […]
October 11, 2024
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TSR and Novelis sign supply deal for ‘sustainable P1020 substitute’ high-grade aluminium scrap
Scrap processor TSR will supply aluminium flat-roller Novelis with high-grade European aluminium scrap that can serve as a “sustainable P1020 substitute,” a TSR executive told Fastmarkets on Thursday October 10.
October 10, 2024
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By Ross Yeo
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Western reindustrialization could ‘unlock’ green demand: LME Week
The Western world’s industrial strength is beginning to drop, but Jakob Stausholm, chief executive officer of Rio Tinto, said at a London Metal Exchange seminar that there was “plenty of demand to be unlocked from reindustrialization.”
October 9, 2024
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By Laura Roberts
Correction to Turkey import steel scrap, deal-weighted rolling average on October 7
Fastmarkets has corrected MB-STE-0894 steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonne, which was published incorrectly on Monday October 7.
October 8, 2024
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By Ross Yeo