American Metal Market is part of Fastmarkets

In order to better reflect the material traded in the market, Fastmarkets proposes to reduce the range of specified widths to 1,500-2,500mm from 1,000-2,500mm. The publication day of the assessment will also be changed from Friday to Thursday. The proposed new specifications are listed below, with the suggested amendments in italics: MB-STE-0896 Steel slab import, cfr […]

Due to the Labor Day public holiday in Turkey on Thursday May 1, these prices will be published instead on May 2, in accordance with Fastmarkets’ policy. This change was not initially noted on Fastmarkets’ 2025 pricing schedule. The pricing schedule has now been updated. The affected prices are: MB-STE-0119 steel reinforcing bar (rebar), export, fob […]

Trump’s first 100 days in his second term have reignited debates over the impact of tariffs on the US steel industry. While the administration claims tariffs protect American jobs and boost the economy, experts point to rising costs and uncertainties affecting businesses. From higher steel prices to strained trade relations, the effects are already being felt, leaving many questioning the future of US steel and related markets.

The lower end of the range was originally incorrectly published due to a procedure lapse. The price was originally published at $28-32 per lb. The bismuth 99.99% Bi min, in-whs Rotterdam assessment has since been corrected to $25-32 per lb. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets […]

China’s shipbuilding sector remains strong despite proposed US tariffs, leading the industry for the 15th consecutive year in 2024 with 55.7% of global completions and 74.1% of new orders. Chinese shipyards benefit from low labor costs, efficient supply chains and competitive steel prices, offering vessels at significantly lower costs than US equivalents. High demand for materials and next-gen vessels further reinforces China’s dominance in global shipbuilding.

The publication of the following assessment was delayed: MB-AL-0052 Aluminum 6063 extrusion billet premium, delivered 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 […]