Fastmarkets discontinued its weekly price assessments for AG-TLW-0028 Category 3 bone fat, high grade, 5% ffa, 98%, max 200 ppm polyethylene, ddp Northwest Europe and AG-TLW-0029 Category 3 pure beef tallow, 10% ffa, 99%, ddp Northwest Europe on Friday March 20.

Based on market feedback received and data collected, Fastmarkets has changed the free fatty acids (FFA) content to a maximum of 5% and iodine value (IV) to a minimum of 70 grams of iodine/mercury (hg), to reflect a specification used more commonly in the market. The updated quality specification of the prices are as follows: […]

Fastmarkets has amended the specifications for its CFR Europe flat steel import price assessments to better reflect the most typical sizes of spot market transactions. Following the consultation, which ended on Wednesday December 24, Fastmarkets amended the specifications for its CFR Europe flat steel import price assessments on Wednesday December 31. Based on feedback from market […]

Fastmarkets proposes to discontinue its weekly price assessments for AG-TLW-0028 Category 3 bone fat, high grade, 5% ffa, 98%, max 200 ppm polyethylene, ddp Northwest Europe and AG-TLW-0029 Category 3 pure beef tallow, 10% ffa, 99%, ddp Northwest Europe.

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Fastmarkets will amend the specifications for its CFR Europe flat steel import price assessments to better reflect the most typical sizes of spot market transactions.

The tonnage specifications will be updated to a minimum of 500 tonnes (previously 500-5,000 tonnes), recognizing that higher tonnages are often transacted in the physical market.  Fastmarkets also clarifies that these assessments do not include EU Carbon Border Adjustment Mechanism (CBAM) costs.  The new specifications are as follows with amendments in italic:  MB-STE-0047 – Steel hot-rolled coil import, […]

Fastmarkets has deleted monthly averages for January PIX Indices that were published in error on the Fastmarkets Dashboard on Wednesday January 7. Individual indices published the same day were unaffected and remain valid.

Fastmarkets has launched DDP import steel price assessments for steel hot-rolled, cold-rolled and hot-dip galvanized coil in Northern Europe and in Southern Europe, effective Wednesday November 26, ahead of the launch of the EU’s Carbon Border Adjustment Mechanism (CBAM).

Fastmarkets has amended the publication deadline for its Germany and Italy domestic steel scrap price assessments.