Metal Bulletin is part of Fastmarkets

The publication of Fastmarkets’ nickel and cobalt mixed hydroxide precipitate (MHP) payable indicators on a CIF China, Japan and South Korea basis on Thursday April 2 was delayed because a reporter error. Fastmarkets’ pricing database has been updated.

Logistics disruptions, sharply higher freight costs and limited raw materials supply are among the main impacts from the ongoing conflict between the US, Israel and Iran on the Middle East’s steel market, Asam Hussain, the chief executive officer of Arabian Gulf Steel Industries (AGSI), told Fastmarkets on Wednesday April 1.

Fastmarkets proposes to amend the publication times and holiday pricing schedule for a number of its base metal assessments for the Asian market, with the proposed changes to come into effect from Monday May 18.

The publication of Fastmarkets’ European low-carbon aluminium differential assessments for Thursday April 2 were delayed because of a procedural error. Fastmarkets’ pricing database has been updated.

Fastmarkets has corrected its MB-AL-0379 Aluminium 6063 extrusion billet premium, ddp Italy (Brescia region), inferred low-carbon, and Aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), inferred low-carbon midpoint assessments, which were published incorrectly on Friday April 2, due to a procedural error.

Fastmarkets has corrected its price and rationale for MB-STE-0028 steel hot-rolled coil index domestic, exw Northern Europe and the assessments for MB-STE-0905 green steel base price HRC exw Northern Europe, daily inferred and MB-STE-0912 flat steel reduced carbon emissions, daily inferred, exw Northern Europe, which were published incorrectly on Wednesday April 1.