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South Korea has stepped up its efforts to support its steel sector, amid escalating tensions in the Middle East and tariff pressures elsewhere, by including the sector in a $54 billion support package for key industries in the country, Fastmarkets understands.
Recent Middle Eastern tensions and a sharp drop in traffic through the Strait of Hormuz could present a major opportunity for Russian pulp producers.
Military risks continue to increase pressure on Ukraine’s vegetable oil sector in the 2025/26 season, with the most significant losses concentrated in export infrastructure and logistics, while the effect on overall sunflower oil production remains limited due to substantial excess processing capacity, market participants and local analysts at APK-Inform said.
Fastmarkets changed the timestamp for its daily used cooking oil flexi-tank, fob China and used cooking oil, bulk, fob China price assessments from 4:30pm London time to 4:30pm Singapore time effective Wednesday May 20, 2026, as a result of an open consultation.
The proposal follows Fastmarkets’ observations that the commodity sees inactive spot liquidity and low volatility in prices. The proposed new specifications for the prices are as follows, with the amendments in italics: MB-NI-0246 Nickel sulfate, cif Japan and Korea, $/tonneQuality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% […]
Fastmarkets’ daily steel hot-rolled coil index, fob mill US Midwest for Tuesday May 19 was published earlier than scheduled due to an error. Fastmarkets’ pricing database has been updated.
The following prices were affected: MB-STE-0416 Steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, $ per tonne MB-STE-0417 Steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, $ per tonne MB-STE-0894 Steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonne MB-STE-0100 Steel scrap, […]
Front-loading cleared roughly €780 million in CBAM liabilities before the definitive phase began. The pattern is unlikely to be a one-off as free allowances step down toward zero in 2034.
The four assessments will cover continental Europe and the UK, for tissue jumbo rolls made from wood pulp and recycled pulp in a basis weight range of 14.5-18.0g per square meter. The decision follows a one-month consultation period that ended on Saturday May 16. The proposed specifications are as follows: FP-TS-0009 Tissue, wood pulp jumbo rolls for […]
Fastmarkets is clarifying the publishing schedule for two Saudi Arabia steel price assessments following confirmation of the dates of the Eid al-Adha holiday. The two price assessments affected are as follows: MB-STE-0909 – Steel reinforcing bar (rebar), domestic, delivered Saudi Arabia, riyals/tonne MB-STE-0940 – Steel billet, import, cfr Saudi Arabia, $/tonne The domestic rebar price assessment […]
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