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The annual consultation sought to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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. The current methodology […]
Until now, aluminium has been hard to move, not hard to find. Global aluminium supply had remained technically intact, even as output was curtailed in parts of the Gulf, inventory buffers were drawn down or repositioned, and shipping through the Strait of Hormuz was severely disrupted.
Fastmarkets proposes to amend the publication times for a number of its technology and energy metals (TEM) price assessments for the Chinese market, with the proposed changes to come into effect from Monday May 18. The prices, currently published in UK working hours, will be published in China working hours after the change to more […]
Global aluminium producers face heightened uncertainty over power supplies, with oil and gas prices elevated by the closure of the Strait of Hormuz, through which around 20% of global oil and liquefied natural gas (LNG) flows, sources told Fastmarkets.
The publication of four Fastmarkets’ price assessments for boric acid were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price assessments were affected:MB-BOR-0012 Boric acid, technical grade, granular, fca US West CoastMB-BOR-0013 Boric acid, technical grade, granular, cif ChinaMB-BOR-0014, Boric acid, technical grade, granular, ddp EuropeMB-BOR-0015 Boric acid, technical grade, granular, cif […]
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our April survey.
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