Polish rebar producers have achieved deals at higher prices so far in June and are targeting further increases for July amid steady demand and higher scrap costs, sources told Fastmarkets on Friday June 11.But sources doubt that new increases will be accepted by the market, given that some construction companies are already starting to delay projects, unable to digest surging costs, sources said."...Read More
The European Commission plans to start an anti-dumping investigation into hot-dipped galvanizing coil from Turkey and Russia, market sources told Fastmarkets on Friday June 11. Multiple market participants said that European steel association Eurofer has lodged a complaint and that the executive arm of the European Union is likely to announce the start of the case soon. Eurofer declined to comment...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More
Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia. Read More
Lithium prices were steady around the world in the week ended Thursday June 10, with both Asian, European and United States markets underpinned by tight availability.Battery-grade lithium hydroxide prices in Asia were steady in active markets with consumers focused on securing materials. The battery-grade lithium carbonate price range in China stayed intact with some cheap technical-grade units di...Read More
The domestic price of steel rebar remained stable in Brazil in June, but market participants were uncertain about the price outlook for the finished steel product, questioning the stability of the global price uptrend and noting lower scrap costs in the country.There were reports of one mill announcing a price increase for the month and others debating whether such rise was feasible, but the major...Read More
Key data from Fastmarkets' pricing sessions in China, the United States and Europe.China The spot ferro-silicon market availability became tighter following the news that a major Malaysian ferro-silicon producer has suspended production due to a Covid 19 outbreak, with supply shifting to China and supplier offers broadly holding steady. Market sentiment was positive after the autonomous...Read More
Fastmarkets' Ferrous Analytics report helps subscribers keep track of hot metal costs and steel production spreads in China, along with key pricing components of the steelmaking raw materials supply chain in Asia. Read More
The market for pig iron exports from Brazil was quiet but firm during the week to Friday June 11.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $620 per tonne on Friday, stable week on week.No new sales were reported from the...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More
Italian domestic steel scrap prices increased substantially in the month to Friday June 11, with mills facing extreme shortages of the steelmaking raw material, sources told Fastmarkets.The southern European country's steelmakers were unable to source the necessary volumes of scrap due to shortages across Europe, particularly for new scrap grades, market sources said.Supplies of new scrap, includi...Read More
Domestic prices for hot-rolled coil were fairly stable in Europe on Friday June 11 despite slower demand and a weakening of import prices, sources told Fastmarkets.The domestic prices were supported by good order books at EU mills. Producers in Northern Europe were heard selling fourth-quarter-rolling material, although Italian mills were still able to offer volumes for shipment at the end of the...Read More
United States-based vanadium producer Largo Resources is aiming to capture 3% of the long-duration energy storage battery market by 2025, which equates to 1,400MWh, the company said on Wednesday June 9.The company is undergoing a "transformational shift" towards vanadium redox flow batteries (VRFB), a type of rechargeable flow battery that employs a vanadium electrolyte liquid solution to store an...Read More
German steelmakers settled their monthly steel scrap contracts for June at substantially higher prices due to the current tight supply, sources told Fastmarkets on Friday June 11.Fastmarkets' monthly price assessment for steel scrap, E8 thin new production steel, domestic, delivered consumer, Germany, was ?,?460-500 ($560-609) per tonne on June 11, up by ?,?50-80 per tonne from ?,?410-420 per tonn...Read More
The domestic price of steel rebar remained stable in Brazil in June, but market participants were uncertain about the price outlook for the finished steel product, questioning the stability of the global price uptrend and noting lower scrap costs in the country.There were reports of one mill announcing a price increase for the month and others debating whether such rise was feasible, but the major...Read More
An overview of the aerospace materials markets and the latest price moves.Charlotte Radford and Michael Greenfield in...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More
Spot copper-concentrate processing charges remained stable in the week to June 11 amid sluggish market conditions, Fastmarkets heard.Major Chinese smelters were carrying out maintenance so spot buying interest was low, which kept Fastmarkets copper concentrate treatment charge/refining charge (TC/RC) index, cif Asia Pacific largely unchanged. A few spot parcels of...Read More
Zinc showed the biggest increase, at 1.6%, at the close on Friday June 11, while all other prices on the London Metal Exchange ended a week of consolidation on firmer footing.Zinc's three-month price rose to $3,044.50 per tonne, rising from a $2,995 per tonne on Thursday, and up by 1.5% since the start of the week. Similarly, lead's price was up 1.4% on Friday to $2,205.50 per tonne, giving i...Read More