American Metal Market is part of Fastmarkets

Liontown Resources has revived its previously deferred expansion study at its Kathleen Valley mine and is weighing near-term orders for long-lead equipment, its chief executive officer said – the clearest signal yet that growth planning is returning to the agenda as lithium market conditions stabilize.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our March survey.

The demand for GOES grew alongside the rapid expansion of industries such as power transmission, energy storage, AI data centers, and electric vehicle charging stations. China’s steel mills have increased production of GOES in response to growing demand. China’s production of GOES reached 3.37 million tonnes in 2025, up by 14.3% from 2.95 million tonnes […]

This consultation, which starts on March 5 and ends on April 2, seeks to ensure that our methodologies continue to reflect the physical ferrous metals markets, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication […]

Fastmarkets is changing the units of its Mexico non-ferrous scrap price assessments to improve clarity and to align with prevailing commercial practices, per feedback from market participants. The majority of submissions, transactions and references for these markets use kilogram-based prices, particularly across key regions such as Monterrey and Bajío. Converting these assessments to a peso […]

Fastmarkets has moved the frequency of the price assessments of MB-ILM-0004 Ilmenite concentrate, 47-49% TiO2, cif China, $/tonne, MB-RUT-0002 Rutile 95% TiO2 min, bagged, fob Australia, $/tonne and MB-RUT-0001 Rutile 95% TiO2 min, large volumes for pigment, fob Australia, $/tonne to monthly from fortnightly, effective March 5.