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The metals and mining market is going through a period of fundamental change. The industry is racing to meet decarbonization targets; all while supply chains are being tested to their limits. Production capacity is changing as new supply comes online. The ongoing war in Ukraine and other market forces have created unprecedented price volatility and imbalances in supply and demand.
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Fastmarkets’ MB-CO-0005 Cobalt standard grade, in-whs Rotterdam and MB-CO-0004 Cobalt alloy grade, in-whs Rotterdam price assessments were published ahead of schedule because of an approver error. The prices were published at 2:57pm London time instead of the scheduled time of 3:00pm. The data submission window had already closed, so data collection and price assessments were […]
Fastmarkets would like to clarify and reiterate several methodological items of its alloy-grade (MB-CO-0004) and standard-grade (MB-CO-0005) cobalt metal in-whs Rotterdam assessments.
This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com
Toyota’s $3.6 billion investment to build a new assembly line in San Antonio, Texas, will shift demand for US steel and auto parts from Mexico to the US, according to market analysts.
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our July survey.
Fastmarkets has corrected the rationale for its MB-AL-0020 aluminium P1020A premium, ddp Midwest US, US cents/lb assessment, which was published incorrectly on Tuesday July 7.
With steel reinforcing bar (rebar) producer Hybar’s first mill in Osceola, Arkansas, in operation for only nine months, the company announced last week that it had raised $1.1 billion to build a second rebar expansion mill next to the existing one.
Fastmarkets has corrected the rationale for MB-COA-0003 Premium hard coking coal, fob eastern Australian ports, $/wmt, which was published incorrectly on Tuesday July 7 due to a typographical error.
The publication of Fastmarkets' flat steel reduced carbon emissions, daily inferred price for Tuesday July 7, 2026 was delayed due to a procedure lapse. Fastmarkets' pricing database has been updated.
Fastmarkets launched three world-first regional price indices in a major expansion to its Saudi Arabian ferrous scrap market coverage, on Tuesday July 7.
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