American Metal Market is part of Fastmarkets

Fastmarkets has launched MB-NI-0257, high-grade nickel matte payable indicator, 65-75% nickel contained, cif China, % of official exchange price on Friday May 30.

The following price was affected: MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents/lb.  This price is a part of the Fastmarkets Base Metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter to this price, please […]

A US court has struck down key reciprocal tariffs imposed by President Donald Trump, ruling that the International Emergency Economic Powers Act (IEEPA) does not grant unlimited tariff authority. While markets reacted positively, Section 232 duties on steel and aluminium remain in effect, prompting continued uncertainty and a likely appeal by the Trump administration.

President Trump’s endorsement of the $14 billion US Steel and Nippon Steel partnership sparks hopes for innovation and economic growth in manufacturing, but labor unions raise concerns about job security and workplace conditions, leaving stakeholders eager to see how it unfolds.

A consultation period for the frequency change started on May 12. This period has now been extended in order to receive feedback regarding the methodology adjustment. The prices in question are:• MB-STE-0100 Steel scrap, HMS 1&2 (80:20 mix), export, fob main port UK, $ per tonne• MB-STE-0099 Steel scrap shredded, export, fob main port UK, $ per tonne• […]

After a one-month consultation period, Fastmarkets has amended the frequency of its price assessments for MB-MAG-0005 Magnesia, dead burned, 97.5% MgO, lump, fob China, MB-MAG-0002 Magnesia, dead burned, 90% MgO, lump, fob China, MB-MAG-0009 Magnesia, fused, 97% MgO, Ca:Si 2:1, lump, fob China, and MB-MAG-0007 Magnesia, fused, 98% MgO, lump, fob China, to monthly from […]