American Metal Market is part of Fastmarkets

Read more about how we expect a modest increase in 2025 levels of global crude steel production over 2024.

Fastmarkets proposes to discontinue its assessments for MB-STE-0829, Russia welded ERW linepipe API 5L X65 US$/tonne; MB-STE-0830, Russia welded LSAW linepipe API 5L X65 US$/tonne; MB-STE-0810, Russia Round billet seamless (fob) Rub/tonne; MB-STE-0811, Russia seamless OCTG casing J/K 55 (btc connection) distrbutor FCA Rub/tonne; and MB-STE-0812, Russia seamless Linepipe API 5L X65 distrbutor FCA Rub/tonne.

There has been a freefall in copper concentrates treatment and refining charges (TC/RCs) this year amid tighter supply in the market. In 2025, supply tightness is projected to keep copper concentrates TC/RCs low on average for the whole year, sources told Fastmarkets.

The new year is likely to show a modest pick-up in overall North American automotive production that will, in turn, boost demand for key steel product sectors, such as cold-rolled coil, galvanized sheet and special bar quality steel, according to industry analysts and market participants.

President Joe Biden has followed up on his threat to block the $15 billion acquisition of US Steel by Japan’s Nippon Steel.In a statement released early on Friday January 3, President Biden cited national security concerns for his decision, despite US Steel’s own objections and an inconclusive Committee on Foreign Investment in the United States […]

After a month-long consultation period, Fastmarkets has amended the frequency of these US base metals, following mostly positive feedback from market participants and internal data analysis.  The main pricing day will continue to be Tuesdays at 3-4pm London time, but these tin, lead and nickel premiums will be assessed once a month instead of fortnightly […]