Iron ore 61% fines, % Fe VIU, cfr Qingdao, $/dmt

The annual consultation sought to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The current methodology […]

Global aluminium producers face heightened uncertainty over power supplies, with oil and gas prices elevated by the closure of the Strait of Hormuz, through which around 20% of global oil and liquefied natural gas (LNG) flows, sources told Fastmarkets.

Fastmarkets is extending its proposal to discontinue eight assessments for seamless and welded tube and pipe in Europe and Asia. The proposal is due to subdued activity and a lack of available data in Europe and parts of Asia. Fastmarkets proposes to discontinue the following prices: MB-STE-0825 Europe welded Spiral DSAW linepipe API 5L X65 fob […]