A sudden downturn in rebar futures on the SHFE put pressure on spot prices on Wednesday February 9, after a slump in iron ore futures was sparked by news that the Chinese authorities plan to strictly supervise speculation about the iron ore market

Steelmakers will need to adapt quickly to the burgeoning decarbonization movement in Asia to remain relevant, Gunung Capital managing partner Kelvin Fu told Fastmarkets in an interview

Fastmarkets has corrected the pricing rational for MB-IRO-0144 Iron ore 62% Fe low-alumina fines, cfr Qingdao, which was published incorrectly on Thursday February 3 due to an input error

Five associations representing carbon-intensive industries in Europe have joined forces to demand changes to the scope of the European Union’s Carbon Border Adjustment Mechanism (CBAM). Signed on Wednesday, January 25, one of the five signatories to the joint statement, the European steel association Eurofer, released the statement to the public domain on January 27. The […]

After the Chinese Lunar New Year holiday, the seaborne iron ore market will be affected by the macro-economic environment, seasonally low supplies and ongoing or additional steel production cuts in northern China, sources told Fastmarkets this week. Positive monetary policy boost Market sentiment has been particularly sensitive, in the short term, to official Chinese government […]

Following a three-month consultation, Fastmarkets has amended the base specifications of its 62% Fe iron ore index to more closely reflect the chemical composition of mainstream mid-grade ore produced in Australia’s Pilbara region

We are on track to reach twenty-times the size of the physical pulp market now on the SHFE alone. Matt Graves, SVP, Fastmarkets

Iron ore prices continue to fall in line with production restrictions imposed by the Chinese government. When will it all end?

The collapse of the iron ore market and market turbulence over Chinese property developer Evergrande Group are adding to the economic woes caused by the Delta variant of Covid-19 for much of this year.

Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announce the successful completion of an independent assurance review of 34 key metals benchmarks.