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Steel groups debate effectiveness of US Section 232 tariffs

The heads of several steel industry associations in the United States remained divided on the effectiveness of the Section 232 tariffs on US steel imports but found some common ground on the subject of the yet to be signed US-Mexico-Canada Agreement (USMCA).

January 23, 2019
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By Generic people page

Insights
PRICING NOTICE: Discontinuation of four tin ingot premium assessments in Rotterdam, Singapore, Shanghai

Fastmarkets MB has today discontinued four weekly tin spot premium assessments in Rotterdam, Singapore and Shanghai due to a lack of spot liquidity.

January 22, 2019
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By Generic people page

Insights
METALS MORNING VIEW 22/01: Metals prices suffer after global growth outlook lowered

Once again the upside initiatives in three-month base metals prices on the London Metal Exchange have run into overhead resistance, with the complex down by an average of 0.4% this morning, Tuesday January 22.

January 22, 2019
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By Generic people page

Insights
LIVE FUTURES REPORT 22/01: Macro concerns pressure SHFE base metals prices; tin most resilient

Base metals prices on the Shanghai Futures Exchange were predominantly down during Asian morning trading on Tuesday January 22, with the complex reversing the previous day’s gains. Tin, as was the case on Monday, bucked the trend – but this time to the upside.

January 22, 2019
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By Karen Ng

Insights
PRICING NOTICE: Correction to US daily HRC index 16/01

Due to an editing error, Fastmarkets' daily US Midwest hot-rolled coil index was published incorrectly on Wednesday January 16.

January 21, 2019
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By Generic people page

Insights
China’s ‘looser’ aluminium winter cuts has limited effect after 7.4% increase in total output in 2018

China produced 35.8 million tonnes of aluminium in 2018, up 7.4% year on year, according to data released by China’s Statistics Bureau on Monday January 21, suggesting the annual winter production cuts did little to slow output in the country.

January 21, 2019
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By Generic people page

Insights
METALS MORNING VIEW 21/01: Metals prices hold up well despite China’s weak GDP

Despite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly.

January 21, 2019
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By Generic people page

Insights
LIVE FUTURES REPORT 21/01: US-China trade optimism continues to buoy SHFE base metals prices

Base metals prices, barring those for tin, on the Shanghai Futures Exchange were up during Asian morning trading on Monday January 21, with residual optimism over trade talks between China and the United States helping to offset some weak Chinese data earlier this morning.

January 21, 2019
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By Karen Ng

Insights
IN CASE YOU MISSED IT: 5 key stories from January 18

Here are five Fastmarkets MB stories you might have missed on Friday January 18 that are worth another look.

January 21, 2019
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By Generic people page

Insights
Legislation to delay US Section 232 automotive tariffs reintroduced

Legislation that would delay the imposition of additional Section 232 tariffs on automobiles and automotive parts imported by the United States has been reintroduced by two US Senators.

January 19, 2019
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By Generic people page

Insights

Top stories across markets

PRICING NOTICE: Launch of two indices for cfr China ferrous scrap prices

Fastmarkets today launches two daily indices for cfr China ferrous scrap prices, reported on a US-dollar-per-tonne basis.

August 16, 2021

By: Tianran Zhao

PRICING NOTICE: Proposal to amend frequency of China import steel billet price

Fastmarkets proposes to increase the frequency of its China import steel billet price from once to twice each week because of continued price volatility in the market.

August 16, 2021

By: Lee Allen

MJP aluminium spot premium slips on fall in demand, lower deals

Aluminium premiums in Japan dropped by an average of $2.50 per tonne to $175-190 per tonne on Friday August 13, from $180-190 per tonne on August 10, with low buying interest weakening demand in recent weeks.

August 16, 2021

By: the Fastmarkets team

Commodity prices to stay high, ‘stabilizing’ measures to continue, says China’s NBS

Global commodity prices are expected to stay high in the short term and China will continue to take measures to ensure supplies and stabilize prices, China’s National Bureau of Statistics said on Monday August 16.

August 16, 2021

By: Sally Zhang

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