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Nov 19, 2018
Fastmarkets AMM is amending its Montreal ferrous scrap price assessments to consumer buying prices from dealer selling prices effective with November settlements following positive market feedback. More »
Nov 20, 2018
Prices for secondary aluminium alloy were flat across the board on Monday November 19, with limited numbers of spot deals leaving prices largely untested amid a slowdown in activity. More »
The Trump administration should remove Section 232 tariffs on Canada and Mexico, without replacing those duties with quotas, 34 business groups said in a joint letter to Robert Lighthizer. More »
Copper prices will recover if the trade war between the US and China does not escalate at next week’s G20 summit, the head of China commodities strategy from Citi Group said last week. More »
Germany's Wieland Group is acquiring distributor Diversified Metals in an effort to expand its distribution and service network in North America, the company announced on Tuesday November 20. More »
Turkish steel mills have continued to hold back from making deep-sea scrap purchases due to fear of product outflow from China, sources said on Tuesday November 20. More »
Crude steel production in the United States totaled 1,924,000 net tons last week. More »
Open interest on the CME Group’s No1 busheling ferrous scrap futures contract increased to 3,729 lots (74,580 gross tons), while further downward pressure was exhibited on prices. More »
Spot copper concentrate treatment and refining charges (TC/RCs) dropped in mid-November, with traders starting to purchase units for the first quarter of 2019 at lower numbers. More »
US hot-rolled coil prices are holding below the $40-per-cwt threshold while industry participants debate whether the market will continue to slide or could see a rebound as lead times stretch into 2019. More »
The latest ferro-alloy prices as reported by Fastmarkets reporters. More »
Fastmarkets AMM proposes to amend the specifications and frequency of its US wire rod price assessments. More »
Fastmarkets AMM proposes to discontinue its domestic US mesh-quality wire rod prices. More »
Fastmarkets AMM’s offices are closed on Thursday November 22 and Friday November 23 in observance of Thanksgiving. More »
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