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.

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
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The publication of Fastmarkets’ lithium, iron ore and Chinese ferrous prices for Monday April 22 were delayed because of technical issues.
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.
China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.
Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.