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Latest news and market analysis

The recent wave of anti-dumping measures approved in Brazil has been met with some concern in China — the country most affected by the Brazilian government’s decisions in this case — but despite the negative impact, Chinese participants see the moves as just another phase of doing business.

Key takeaways: The indices for locally produced brown testliner and fluting showed minor drops in February. Fastmarkets calculated its monthly PIX Testliner GCC index at $462.20 per tonne on March 3, down by $0.18 per tonne (0.04%) from $462.38 on February 3. Fastmarkets calculated its PIX Fluting GCC index at $438.15 per tonne on March […]

The war between Israel, the United States and Iran is already affecting the flow of agricultural commodities from South America to Iran, particularly feed, with some soymeal cargoes said to have been washed out, market sources told Fastmarkets in the week to Thursday March 5.

The publication of Fastmarkets’ assessments for MB-IRO-0002 Pig iron export, fob main port Black Sea, CIS, $/tonne; MB-IRO-0014 Pig iron import, cfr Italy, $/tonne; and MB-FE-0004 Hot-briquetted iron, cfr Italian ports, $/tonne were delayed on Thursday March 5 because of a reporter error. Fastmarkets’ pricing database has been updated.

Brazilian BEK prices remained influenced by seasonal demand patterns, currency movements and buyer inventory strategies, as early signs of the Middle East conflict impact on pulp markets emerged through logistics and cost considerations.

Fastmarkets is increasing the frequency of its Brazilian domestic steel price assessments to a biweekly basis to bring them into closer alignment with current trading patterns and market dynamics. Under the change, Fastmarkets would publish these prices twice a month, on the second and fourth Friday of the month, at 2-3 pm New York time. […]

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