Pig iron import, cfr Italy, $/tonne

Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited ferrous scrap materials, via an open consultation process between April 4 and May 6, 2024. This consultation was done as part of our published annual methodology review process.

The viability of e-fuels as an alternative to electric power is debated due to their high cost and unclear role in decarbonization efforts

The copper market is facing a historical moment with Chinese smelters now paying premiums for raw material copper concentrate while selling their finished product at a discount, but participants point to easing concentrate demand in the second quarter as supportive for the market