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Following an initial consultation under the ongoing review of Fastmarkets’ iron ore 62% Fe fines index name and specifications, Fastmarkets is proposing changes to the name and specifications of the Fastmarkets value-in-use adjustment values. The new specifications would be as follows, with amendments in italics: MB-IRO-0018 Iron ore 61% fines, % Fe VIU, cfr Qingdao, $/tonneIron Value In Use adjustments […]
Following the conclusion of a consultation period, Fastmarkets has introduced a new monthly price assessment to reflect 99.4% min grade chromium commonly sourced from European producers, which is traded at a premium to the broader 99% grade. This material had previously been included in the MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam, $/tonne. This launch […]
Chinese exports of long steel and steel billet increased sharply in the first quarter of 2025, preventing their prices from dropping more deeply amid a slow demand recovery in the domestic market, market participants said.
The rationales have been updated to include the following information: Owing to a UK public holiday on May 5, the Lithium carbonate cif China, Japan & Korea price and Lithium hydroxide cif China, Japan & Korea price will next be published on May 6. This is in accordance with Fastmarkets’ pricing schedule. These prices are part […]
The global metallurgical coke market is undergoing a dramatic transformation in 2025, shaped by declining demand in key markets, rising trade protectionism, and a growing push for decarbonization.
Fastmarkets invited feedback from the industry on the pricing methodology for its steel hot-rolled coil index, domestic, exw Northern Europe, € per tonne (MB-STE-0028) and steel hot-rolled coil index, fob mill US Midwest, $ per cwt (MB-STE-0184), via an open consultation process between March 24 and April 24, 2025.
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