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Fastmarkets is launching a price assessment for MB-STE-0913 steel billet, import, CFR Indonesia on Tuesday March 19.

Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday March 18.

The publication of Fastmarkets’ US base metals prices were published early during the week of March 11-15 following the daylight saving time change in the US on March 10.

Nippon Steel’s proposed $14.9-billion purchase of US Steel (USS) could face additional challenges, with US President Joe Biden publicly cementing his opposition to the already heavily criticized deal

Raw material prices have come under the pressure of falling steel demand around the world since the second half of 2023, and market participants expect the trend to extend into 2024

The United States steel industry lauded the most recent legislation introduced in Congress to clamp down on the surge of Mexican steel imports, which represents a bipartisan bid to the Biden Administration to hold Mexico accountable for the surge in steel imports, sources told Fastmarkets on Tuesday March 12.

China’s domestic fluorspar prices reacted immediately to the announcement this week that China is set to conduct a country-wide safety inspection and rectification of fluorspar mining from March to August this year

Fastmarkets has corrected its fob Australia premium hard coking coal index, which was published incorrectly on Monday March 18 due to a technical error.

The project also creates a traceability system for all diesel cycle fuels to help ensuring the quality of the fuels

Warmer sentiment for lithium and nickel prices in Asian markets was not able to attract more buying interest for black mass from South Korean buyers in the week ended Wednesday March 13, due to continued thin margins at recyclers, according to market sources

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