Metals and mining

Fastmarkets will discontinue its consumer buying assessment for steel scrap rail crops 2ft max, delivered mill Chicago, effective July 1 amid a sustained lack of liquidity for that grade in that market.

Fastmarkets has, in line with our annual methodology review process, concluded a consultation that opened on May 4, 2023, inviting feedback on our methodology for our US Midwest ferrous scrap indices.

Fastmarkets is proposing to reinstate one quarterly US titanium price based on market feedback and is reopening a consultation for four other US titanium prices that were discontinued.

Fastmarkets invited feedback from the industry on the pricing methodology for its index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey (MB-STE-0416), and its index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey (MB-STE-0417), via an open consultation process between May 4 and June 5, 2023.

Fastmarkets invited feedback from the industry on the pricing methodology for pig iron import, cfr Gulf of Mexico, US, $/tonne (MB-IRO-0004), via an open consultation process between May 4 and June 5, 2023.

In contrast to the apparent widespread belief that war would lead to a surge in scrap collections in Ukraine, volumes actually fell in 2022 and are likely to fall again in 2023, according to the head of Ukranian commodities think-tank, GMK Center

Join over 400 executives from across the aluminium supply chain for three days of analysis and insights into raw materials, primary and secondary aluminium markets.

As part of Singapore International Ferrous Week, SGX Commodities is organising Singapore Iron Ore Forum with Fastmarkets and S&P Global Commodity Insights working as knowledge partners. The Singapore Iron Ore Forum is your opportunity to connect with the market and gain insights from Asia’s leading iron ore experts to help you prepare for the challenges and opportunities that lie ahead.

It’s been another extraordinary year for coal. Decreasing prices – after the record highs of 2022 – are spurring demand from the Asian countries that depend on coal to power their economic growth. Meanwhile the impact of covid and the energy crisis continue to play out among the key players in the Asian coal market; what will China and India’s increase in domestic coal production mean for Indonesia? How can the two biggest importers balance ambitious renewable targets with their burgeoning need for power? How will Europe’s energy strategy impact the Asian coal market? Is decarbonisation and the energy transition back in the spotlight after an 18-month hiatus? Coaltrans Asia addresses the key issues shaping the coal value chain. We’ll have industry leading experts, ministerial-level insights and high-level perspectives for coal producers, energy companies and key industries. Join us at the 28th edition of Asia’s biggest and longest-running coal event, offering an unparalleled opportunity in a fast-changing landscape to connect with industry leaders, forge relationships, and negotiate and trade in person.