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The metals and mining market is going through a period of fundamental change. The industry is racing to meet decarbonization targets; all while supply chains are being tested to their limits. Production capacity is changing as new supply comes online. The ongoing war in Ukraine and other market forces have created unprecedented price volatility and imbalances in supply and demand.
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Steel energy tube and pipe prices will continue rising amid the US war with Iran and a lack of imported material, Cody Schlueter, president and owner of Port Pipe and Tube, told Fastmarkets in an exclusive interview on May 4.
Fastmarkets advises that, as of Monday May 11, certain monthly North American ferrous scrap markets are yet to settle.
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Monday May 11, 2026.
The following prices were affected: MB-STE-0093 Steel scrap auto bundle scrap domestic, delivered Turkey, lira/tonneMB-STE-0094 Steel scrap melting scrap from shipbreaking domestic, delivered Turkey, $/tonne These prices are part of the Fastmarkets scrap package. For more information or to provide feedback on the delayed publication of these prices, or if you would like to provide price information […]
The publication of Fastmarkets’ price assessments for steel hot-rolled coil export, fob Black Sea, CIS and steel cold-rolled coil export, fob Black Sea, CIS for Monday May 11 was delayed due to a reporter error. Fastmarkets pricing database has been updated.
The Canadian government announced on Tuesday May 4 a new financing program worth C$1.5 billion ($1.1 billion) to help mitigate the effect of US metals tariffs and support several of Canada’s tariffed industries.
The publication of Fastmarkets’ MB-GER-0006 Germanium dioxide, in-whs China assessment for May 8, 2026, was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The price was published with a delay on Monday May 11. The following price was affected: MB-GER-0006 Germanium dioxide, in-whs China, yuan/kg This price is part of the Fastmarkets […]
Fastmarkets has corrected its price assessment for MB-ZIR-0014 zircon, premium grade, 66.5% ZrO2 min, bulk, cif China, published on Thursday May 7. The assessment was incorrectly published at $1,600-1,700 per tonne due to reporter error. The correct assessment should have been $1,600-1,670 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price […]
Fastmarkets’ publication of the MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton is delayed by late settlement as of Friday May 8.
Fastmarkets advises that, as of Friday May 8, certain monthly North American ferrous scrap markets are yet to settle.
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