Austrian aluminium producer AMAG and German automotive manufacturer Audi have developed a recycled aluminium material for vehicle wheels to be put into series production, it was announced on Wednesday, August 3.
Fresh infrastructure projects in Bangladesh will drive significant steel demand and make doing business in the country easier in the coming years, Tapan Sengupta, the deputy managing director of steelmaker Bangladesh Steel Re-Rolling Mills (BSRM) told Fastmarkets in an exclusive interview
Fastmarkets has corrected the first line in its pricing rationale for MB-CU-0403 copper grade A cathode premium, cif Shanghai, which was published incorrectly on Tuesday August 2 due to a reporter error.
Fastmarkets proposes to add a note to the specifications for the weekly all-in assessment price for steel hot-dipped galvanized coil to clarify the included zinc coating extras and publish a non-market adjustment to reflect this extra.
Following a consultation period and market feedback, Fastmarkets will realign its consumer buying prices for No1 bundles and No1 busheling scrap in Detroit, effective from the August 2022 monthly settlement.
Steel scrap prices in both Turkey and the major Asian markets were under pressure in the week to Friday July 29. Most participants in these markets were expecting more of a downtrend to come in scrap prices amid weak sales of steel products
Electric-arc furnace (EAF) steel production is on the rise as China strives to meet decarbonization targets
The publication of Fastmarkets’ Shanghai minor metal price assessments for Friday July 29 were delayed due to an editor error in the peer review process.
Prices for steel hollow sections in Northern and Southern Europe were flat in the week ended Wednesday July 27 amid minimal market activity
Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets