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Fastmarkets has expanded its suite of Middle Eastern scrap prices with the launch of an index for domestic shredded scrap in the United Arab Emirates on Tuesday April 22. The new price will complement Fastmarkets’ existing price index for sheared HMS 1&2 scrap, delivered UAE, which was launched in October 2023. Fastmarkets’ newest ferrous scrap price […]
The price was correctly published as scheduled on Thursday April 17. The erroneously published price has since been retracted and regular publication will resume on Friday April 25. For more information on Fastmarkets’ holiday pricing schedule, please visit: https://www.fastmarkets.com/methodology/price-schedules/. This price is part of the Fastmarkets steel package. For more information or to provide feedback on this correction […]
Full details of the prices covered by this consultation can be found here. 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 Organization […]
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. Full details of the prices covered by this consultation can be found here. This consultation, sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]
The MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents/lb rationale mistakenly quoted the London Metal Exchange cash/three month spread to be trading at a $0.15 per tonne contango at the time of assessment on Wednesday. That is now corrected to read that it was trading at a $37 per tonne contango at the time of assessment. […]
Fastmarkets received an array of feedback regarding the proposed changes following the publication of the initial consultation on February 24 and the subsequent extension to the consultation on March 26 to April 9. After carefully reviewing the feedback received, Fastmarkets has decided to proceed with the inclusion of Greatpower cut cathodes, Hanrui cut cathodes, Lygend cut cathodes, and […]
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