IN CASE YOU MISSED IT: 5 key stories from February 10

Here are five Fastmarkets MB stories you might have missed on Monday February 10 that are worth another look.

February 11, 2020

The United States Department of Commerce on February 10 issued affirmative final determinations in its anti-dumping and countervailing duty investigations into imports of carbon and alloy steel threaded rod from China and India.

LME Week Asia 2020 could be in doubt due to the coronavirus outbreak, with Hong Kong Exchanges & Clearing evaluating all their events taking place over the next few months.

Seaborne prices of both low- and high-grade manganese ore in China recorded strong gains in the week ended Friday February 7 alongside rising portside ore and alloy prices.

China’s export price for ferro-vanadium increased in the week ended Thursday February 6, after sentiment was buoyed by higher purchase prices from mills amid the current tight supply caused by the coronavirus outbreak.

Swiss miner-trader Glencore has signed a five-year deal - from 2020 until 2024 - to supply South Korean battery manufacturer Samsung SDI with 21,000 tonnes of cobalt contained in hydroxide, Glencore said on February 10.

What to read next

Fastmarkets invites feedback on its audited non-ferrous methodologies, as part of the annual review process.

The consultation, which is open until October 28, 2022, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for alumina, aluminium, cobalt, copper, lithium and manganese ore, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

September 30, 2022

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Open consultation on Fastmarkets’ non-ferrous materials methodology

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials, as part of its announced annual methodology review process.

September 30, 2022

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Clarification on treatment of Russian brands in Fastmarkets’ methodologies

Fastmarkets wishes to clarify in this pricing notice its current methodological approach to Russian brands in its metals and mining pricing assessment process after Russia’s unprovoked invasion of Ukraine.

September 30, 2022

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Correction to base metals arbitrage calculations for September 28

Fastmarkets’ Shanghai-London arbitrage calculations for base metals were published incorrectly on Wednesday September 28 due to a reporter error,

September 29, 2022

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Green Question

Why steel companies should be more concerned about Scope 3

Is the ‘green’ advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?

September 28, 2022

stack of metal pipes

Is Europe still attractive for aluminium imports despite falling premiums?

Spot demand for aluminium is softening and Rotterdam premiums now, at the end of September 2022, are at a nine-month low, so market participants are considering whether Europe remains an attractive destination for imports

September 27, 2022

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