American Metal Market is part of Fastmarkets

MB-STE-0926 Green steel, differential to steel reinforcing bar (rebar) domestic, delivered Northern Europe, €/tonne was initially incorrectly input within the range of €30-40 per tonne. The correct differential is €20-40 per tonne. MB-STE-0925 Green steel base price, reinforcing bar (rebar) domestic, delivered Northern Europe, inferred, €/tonne was incorrectly input at €685-720 per tonne. The correct inferred price is €675-720 […]

Ford Motor Company will offset $1 billion of an expected $2.5 billion exposure from tariffs and remains “on track and within our original full-year guidance range of $7 billion-8.5 billion” in operating earnings for 2025, Jim Farley, president and chief executive officer, said during the automaker’s first-quarter earnings call on Monday March 5.

The price assessments concerned were: MB-STE-0185 steel cold-rolled coil, fob mill US, $ per cwt MB-STE-0186 steel hot-dipped galvanized coil (cold-rolled base), fob mill US, $ per cwt MB-STE-0172 steel cut-to-length plate carbon grade, fob mill US, $ per cwt This consultation was done as part of our published annual methodology review process. No feedback […]

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our May survey.

Fastmarkets invited feedback from the industry on the pricing methodology for its ferro-chrome 50% Cr import, cif main Chinese ports, $ per lb contained Cr price assessment, via an open consultation process between April 7 and May 5, 2025. This consultation was done as part of our published annual methodology review process. No feedback was […]

The MB-SN-0011 rationale mistakenly read “The tin grade A min 99.85% ingot premium, ddp Midwest US, was $1,550-1,660/t on Tuesday May 6, unchanged week on week.” This has been corrected to read “The tin grade A min 99.85% ingot premium, ddp Midwest US, was $1,550-1,660/t on Tuesday May 6, unchanged since March 4.” Fastmarkets’ pricing database has […]