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Fastmarkets has adjusted the base brands of its MB-MNO-0001 manganese ore high grade index, cif Tianjin, and its MB-MNO-0005 manganese ore high grade port index, fot Tianjin, as of Saturday November 1, to better reflect the bulk of ore traded in today’s market, and is clarifying how the index is formed.
Fastmarkets has corrected its MB-ALU-0003 alumina inferred index, fob Brazil, which was published incorrectly on Thursday October 30 due to a technical error. MB-ALU-0010 Alumina index inferred, fob Brazil was published in error as $340.40 per dry metric tonne. It has been corrected to $341.49 per dmt. MB-ALU-0003 Alumina index adjustment to fob Australia index, Brazil was […]
Fastmarkets has amended the base specification of its index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao, to align with the specifications for high-grade sinter fines in the CFR Qingdao market.
The US prime steel scrap contracts market is undergoing a major reset as mills and suppliers renegotiate terms amid falling prices and shifting leverage. Oversupply and waning premiums are reshaping how future scrap deals are structured across North America.
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