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Decision to adjust Cincinnati, Pittsburgh No1 bundles assessments: update

Following a 30-day consultation period, Fastmarkets has decided to realign its prices for No1 bundles in Cincinnati and Pittsburgh, including No1 industrial bundles in the latter market, effective with the May 2023 settlement.

May 8, 2023
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By Amy Hinton

Insights
Decision to adjust Pittsburgh, Cincinnati busheling assessments: update

Fastmarkets has realigned its prices for No1 busheling in the Pittsburgh and Cincinnati markets effective with the May 2023 settlement.

May 8, 2023
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By Amy Hinton

Insights
Decision to amend Mexican ferrous scrap price publication time

Fastmarkets decided to change the publication time of the weekly assessment of Mexican ferrous scrap prices on Tuesdays to “between 2pm and 3pm New York time” from “by 2pm New York time."

May 8, 2023
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By Felipe Peroni

Insights
Extension of consultation period on launch of South Korean black mass payable indicators

After assessing a high volume of market feedback, Fastmarkets is extending by one week the consultation period for its proposal to launch black mass payables indicators in the South Korean market.

May 5, 2023
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By Lee Allen

Insights
Tissue producer Cascades to shut two paper machines and converting plants

The fourth-largest tissue maker in North America will remove around 100,000 tons/yr of tissue capacity starting July 2023

May 5, 2023
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By Megan Workman

Insights
Open consultation on US CRC, HDG, steel plate methodologies

Fastmarkets is inviting feedback from the industry on the pricing methodologies for its FOB US mill price assessments for steel cold-rolled coil, hot-dipped galvanized coil and cut-to-length plate, as part of its annual methodology review process.

May 5, 2023
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By Grace Asenov

Insights
LME nickel stocks at multi-year low

London Metal Exchange (LME) warehouse nickel stocks have reached their lowest point since 2007 on Wednesday May 3, following gradual withdrawals in recent weeks

May 5, 2023
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By Callum Perry

Insights
Proposal to discontinue Cleveland, Pittsburgh machine shop turnings assessments

Fastmarkets proposes to discontinue its consumer buying prices for machine shop turnings in the Cleveland and Pittsburgh markets due to a lack of liquidity.

May 4, 2023
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By Amy Hinton

Insights
Open consultation on methodology for Taiwan steel scrap price assessment

Fastmarkets is inviting feedback from the industry on the pricing methodology for its steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan price assessment, as part of its annual methodology review process.

May 4, 2023
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By Ross Yeo

Insights
Open consultation on methodology for Northern Europe, US HRC indices

Fastmarkets is inviting feedback from the industry on the pricing methodologies for its Northern Europe domestic HRC Index (MB-STE-0028 ) and steel hot-rolled coil index, fob mill US, $/cwt (MB-STE-0184) as part of its annual methodology review process.

May 4, 2023
·
By Ross Yeo

Insights

Top stories across markets

Solid State Battery for EV Electric Vehicle, new research and development batteries with solid electrolyte energy storage for automotive car industry, cathode

Rising futures prices drive Chinese battery makers to increase nickel output amid EV slowdown

A host of Chinese battery manufacturers have been increasing their production of electrolytic nickel to reap gains from strong futures prices because the growth in downstream demand for electric vehicles (EVs) is slowing, Fastmarkets heard on Tuesday May 21

May 22, 2024

By: Yiwen Ju

US looks to decarbonize aluminium industry, spurred by policy and demand

A surge in recycling capacity in the US aluminium industry is coming in the next few years while for now it continues to meet most of its primary aluminium needs from Canada.

May 22, 2024

By: Yasemin Esmen

Fastmarkets ready for US green steel acceleration with much-needed HRC assessments

Read more about how Fastmarkets will provide much-needed price assessments for green steel

May 22, 2024

By: Yolande Peters

Clean, lean US steel sector hunts for green steel premium

The US steel industry’s preponderance of electric-arc furnace (EAF) capacity may be a double-edged sword when it comes to collecting green steel premiums, market sources have told Fastmarkets

May 21, 2024

By: Daniel Hilliard

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