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US steel mills were operating in April 2026 at their highest capacity utilization rate since 2024, but because many domestic producers have gone long on contracts this year, buyers continued to report difficulty in securing tonnages of steel hot-rolled coil on the spot market.
The US domestic Galvalume price increased by $30 per ton in April despite soft end demand. The coated price boosted solely based on continuing strength in the hot-rolled coil market, sources said.
Fastmarkets has launched three new critical minerals prices on Friday May 1 to improve transparency in the US market. The additional prices are: MB-BI-0004 – Bismuth 99.99%, ddp US, $/lbMB-IN-0005 – Indium 99.99%, ddp US, $/kgMB-GA-0003 – Gallium 99.99%, ddp US $/kg The launch of the bismuth and indium price assessments follow a consultation period […]
Fastmarkets has corrected its assessment for MB-STE-0047 Steel hot-rolled coil import, cfr main port Southern Europe, €/tonne published on Wednesday April 29.
Capital is flowing back into junior mining, but selectively. Investment is increasingly favouring development‑stage assets with clearer paths to production, supported by government funding and strategic partnerships. While demand for critical minerals underpins the cycle, early‑stage explorers continue to struggle for capital as investors prioritise discipline, ESG alignment and near‑term cash flow.
Fastmarkets’ April 2026 revision to its global crude steel production forecast underscores how policy actions, geopolitical disruptions and cost pressures are reshaping the near-term steel supply outlook.
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