American Metal Market is part of Fastmarkets

Following a recent proposal to amend the specifications of the MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao index – specifically, the increase in the silica base specification from 2.2% to 2.7% – Fastmarkets will introduce the high-grade iron ore, 0.5% Si VIU, cfr Qingdao index.This new index is designed to support the market’s transition and provide participants […]

Following an initial consultation with the market, and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing the changes to the name and specifications of the index for iron ore 62% Fe fines, fot Qingdao (MB-IRO-00011), and iron ore 62% Fe fines, fot Qingdao, $/tonne conversion (MB-IRO-00022), […]

Discover how the US-Japan trade deal is reshaping the auto and steel industries, with insights on tariffs, production shifts, and market competition

Market reactions to the soon-to-be-implemented US copper tariff are driving short-term volatility and supply imbalances while fuelling long-term efforts to expand domestic production, recycling and infrastructure.

US export controls on recycled copper would have unintended consequences that could weaken the country’s domestic recycling and manufacturing ecosystems, the president of the Recycled Materials Association (ReMA) said.

Fastmarkets’ SBQ price assessments and monthly forecast provide much-needed clarity and a benchmark for buyers in the steel industry to use for planning and negotiation.