American Metal Market is part of Fastmarkets

China has unveiled a two-year work plan to stabilize its giant steel sector, setting out measures to curb overcapacity, shore up profitability and accelerate a long-term transition toward greener and more technologically advanced production.

Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

Fastmarkets proposes to include additional EU Carbon Border Adjustment Mechanism (CBAM) costs in its benchmark aluminium P1020A premium fca dp premium assessments for Italy (MB-AL-0316), and Spain (MB-AL-0319) from January 1, 2026, when the definitive period of the EU’s CBAM is set to begin. The MB-AL-0316 aluminium P1020A premium fca dp Italy and MB-AL-0319 aluminium P1020A premium fca dp […]

The central Mexican market, or the Bajío region, is a main hub for steel market activity in Mexico because of its proximity to ports on the Atlantic and Pacific coasts and because of the many participants in the region (one blast furnace, 12 electric-arc furnaces, four rolling mills and over 10 big traders). This market […]

LME zinc stocks have fallen to their lowest levels since April 2023 but traders suggest the withdrawals are driven more by warehouse activity and speculation than genuine demand. Meanwhile, Europe’s sluggish consumption contrasts with swelling inventories in China.

Fastmarkets has launched the monthly price assessment for steel billet, import, cfr Saudi Arabia, to reflect the increasing volume of billet imports into Saudi Arabia, where steel demand was expected to improve due to large infrastructure projects such as the football World Cup 2034 and Saudi Expo 2030. Currently, Saudi Arabia has capacity for about 14.5 […]