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One year on – after invasion of Ukraine, Russian steel output, exports drop less than expected

Russia’s output of steel products, local demand and export sales all dropped in 2022 due to trading sanctions imposed after its invasion of Ukraine on February 24, 2022 – but the reductions were smaller than the markets expected

February 27, 2023
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By Vlada Novokreshchenova, Elina Virchenko, Marina Shulga

Insights
Correction to cobalt hydroxide index 30% Co min, cif China

Fastmarkets has corrected its cobalt hydroxide index 30% Co min, cif China, which was published incorrectly on Friday February 24 due to an error.

February 24, 2023
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By Justin Yang

Insights
European steel plate market: One year on – effects from Russia’s war in Ukraine

One year since Russia invaded Ukraine on February 24, 2022, Fastmarkets’ roundup of the key challenges facing the European steel plate market arising from the consequent war

February 24, 2023
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By Julia Bolotova

Insights
Western fir sheathing prices rise after extended lull

We give an update on the price increases for North American western fir sheathing

February 24, 2023
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By Gary Zauner

Insights
BHP calls for ‘long overdue’ reform of LME metal delivery rules

Australian mining giant BHP has added to the growing industry pressure on the London Metal Exchange to reform its benchmark nickel price to make it more reflective of the physical market

February 24, 2023
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By Callum Perry

Insights
US Southern Pine exports to Mexico hit 30-year high in 2022

A record-setting surge in Southern Pine exports to Mexico propelled total US softwood lumber shipments to a 30-year high in 2022

February 23, 2023
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By Peter Malliris

Insights
El Niño expected to bring “normal” wheat crop in Australia

The climate event will likely end Australia's period of record-breaking harvests

February 23, 2023
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By Masha Belikova

Insights
Linerboard prices fall another $20 on domestic market in North America

Box contacts are unsure about what March will bring as linerboard prices tumble for four straight months

February 23, 2023
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By Gregory Rudder

Insights
Sappi NA in price protection mode as CFS paper mill inventories shoot up by 43% in January

Demand for CFS paper has slowed as printing and writing paper buyers in North America continue to work through their inventories

February 22, 2023
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By Renata Mercante

Insights
Tirupati ramps up Madagascar graphite flake capacity

Tirupati Graphite has commissioned a new 18,000 tonnes per year unit to bring its overall flake graphite production capacity to 30,000 tpy, the company has reported

February 22, 2023
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By Jon Stibbs

Insights

Top stories across markets

US metal refining company monitors the black mass market with the latest pricing data and insights

We discover how Nth Cycle is using price data and market forecasts to revolutionize the North American metal refining industry.

April 11, 2024

By: the Fastmarkets team

Turkey restricts steel exports to Israel amid continued Gaza conflict

Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.

April 10, 2024

By: Lee Allen

Nickel premiums flat in Europe, China, amid quiet market conditions

Nickel premiums stayed flat around the world amid quiet trading in the week to Tuesday April 9.

April 10, 2024

By: Dylan Duan

E-Vac’s South Carolina rare earth magnet factory to get $112 mln IRA-funded tax credit

E-Vac Magnetics has been awarded $111.9 million in US tax credits to advance the construction of its first US rare earth magnet manufacturing facility in Sumter, South Carolina, it announced on Tuesday April 9

April 10, 2024

By: Solomon Cefai

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