American Metal Market is part of Fastmarkets

The publication of Fastmarkets’ assessment of laterite ore with 1.6% nickel content, Indonesia domestic trade, delivered for Monday June 15, 2026 was delayed due to the unavailability of the latest Indonesian government mineral reference prices (HMA). Fastmarkets’ pricing database will be updated upon the release of the latest HMA.

Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for MB-NI-0244 nickel sulfate min 21%, max 22.5%; cobalt 10ppm max, exw China.

Fastmarkets has corrected the rationale for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, which was published incorrectly on Friday June 5 due to incorrect source data.

Lack of standardisation, certifications and market practises is creating growing uncertainty across green steel markets, with implications for pricing, procurement and credibility.

A United Auto Workers (UAW) strike at the American Axle factory in Three Rivers, Michigan, that began on Monday June 1 could lead to reduced demand for automotive steel if not resolved quickly, but analysts disagree on whether it will ultimately have a significant impact.

The MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $ per dmtu was published in error as $4.75 per dry metric tonne unit. It has been corrected to $4.74 per dmtu. The rationale for the same index on the same date was also updated to reflect this change. It erroneously stated that “Fastmarkets’ manganese ore semi-carbonate […]