An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Cristina Belda,...Read More
The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt hydroxide p...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More
The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More
Some companies in China's battery materials supply chain have partially recovered operations after the power-cut policies before the National Day Holiday in China (October 1-7), while others await further instruction from local authorities on when production can be fully recovered, sources told Fastmarkets.Before China's National Day Holiday, the production of battery materials in Hunan, Jiangsu a...Read More
Vietnamese ferrous scrap buyers are eschewing bulk Japanese scrap in favor of bulk deep-sea cargoes from the United States and Australia.There was a transaction concluded at $516 per tonne cfr Vietnam for a 27,500-tonne HMS 1&2 (80:20) cargo from Australia by a steel mill in southern Vietnam, and a transaction concluded at $520 per tonne cfr Vietnam for a HMS 1&2 (80:20) cargo from the United Stat...Read More
Import prices for containerized heavy melting scrap in Taiwan have increased this week, particular in the later half, with traders withholding offers amid growing optimism about trends in the spot market.Fastmarkets' daily price assessment for containerized steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan was $465-470 per tonne on Friday October 8, up by $3-7 per tonne from...Read More
The ferro-chrome market is facing growing pressure to decarbonize from downstream, with the need to cut carbon emissions becoming increasingly accepted among producers, traders and consumers.Alloys are not currently included in the Carbon Border Adjustment Mechanism (CBAM) - the European Commission's flagship policy to lower carbon emissions and defend domestic industries such as steel from extern...Read More
Italian importers of flat steel have had trouble bringing in new material because ports are so filled with Indian coil that no space is left for other products, sources have said.The difficulty buyers have had getting imports delivered to all major Italian ports has also caused a rise in sea-delivery and mooring costs, as well as increased delivery times, sources told Fastmarkets from the sideline...Read More
Here are five Fastmarkets stories you might have missed on Thursday October 7 that are worth another look.Steel producer Feralpi Group is to invest ?,?100 million ($115 million) in renewable power at its Italian sites, it announced on Thursday October 7.Vale has resumed activities at its On??a...Read More
Alumina exports from Brazil totaled 586,458 tonnes in September, a 3.32% year-on-year fall from 606,626 tonnes, according to data published by the economy ministry on Wednesday October 5.That decrease was due to lower shipments from the S??o Lu?-s port, in the country's northeastern Maranh??o state. Alumar, an alumina refinery owned by Alcoa, South32, Rio Tinto and Alumina Ltd, is located in Maran...Read More
Trafigura Pte is developing a program that will provide its customers with data on the carbon dioxide (CO2) emissions in its nickel and cobalt supply chains, the physical trading company said.The service will have a particular focus on the company's electric vehicle (EV) customers and will be provided by Circulor, a blockchain-based supply chain traceability and CO2 emissions tracking services pro...Read More
Alumina exports from Brazil totaled 586,458 tonnes in September, a 3.32% year-on-year fall from 606,626 tonnes, according to data published by the economy ministry on Wednesday October 5.That decrease was due to lower shipments from the S??o Lu?-s port, in the country's northeastern Maranh??o state. Alumar, an alumina refinery owned by Alcoa, South32, Rio Tinto and Alumina Ltd, is located in Maran...Read More
Brazil-based multi-metal producer Nexa Resources has resumed activity at its San Gerardo zinc-lead open-pit mine in central Peru after a week-long stoppage caused by community blockades, the company said on Wednesday October 6.In a filing to the Peruvian securities and exchange commission, SMV, Nexa said operations began to reopen early in the week and by Wednesday had returned to full capacity.Ro...Read More
Slovak ferro-alloys producer OFZ Slovakia has cut more than half of its ferro-alloy production with immediate effect due to energy prices that have surged more than six-fold recently, an industry source told Fastmarkets.The company, which produces ferro-silicon and manganese alloys, has shut four out of its seven operating furnaces, including two ferro-silicon furnaces, a silico-manganese furnace...Read More
Here are five Fastmarkets stories you might have missed on Thursday October 7 that are worth another look.Steel producer Feralpi Group is to invest ?,?100 million ($115 million) in renewable power at its Italian sites, it announced on Thursday October 7.Vale has resumed activities at its On??a...Read More
Trafigura Pte is developing a program that will provide its customers with data on the carbon dioxide (CO2) emissions in its nickel and cobalt supply chains, the physical trading company said.The service will have a particular focus on the company's electric vehicle (EV) customers and will be provided by Circulor, a blockchain-based supply chain traceability and CO2 emissions tracking services pro...Read More
Turkish steel producers have continued booking deep-sea scrap cargoes for November shipment on Thursday October 7, aided by improving demand for billet and finished long steel products, market participants told Fastmarkets.A steel mill in the Iskenderun region booked a European cargo, comprising HMS 1&2 (75:25) at $440 per tonne, shredded at $455 and bonus at $460 per tonne cfr. And a steel produc...Read More
British Steel has announced a low-carbon steel making roadmap which outlines how it will achieve its net-zero emissions target, the company announced on Thursday September 7. The company has pledged to invest in a range of technologies to deliver net-zero steel by 2050 and significantly reduce its CO2 intensity by 2030 and 2035, in line with UK commitments to the Paris Agreement.Earlier this...Read More