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Correction to the rationale for steel hot-rolled coil index, fob mill US Midwest: pricing notice
Fastmarkets has corrected the rationale for its MB-STE-0184 steel hot-rolled coil index, fob mill US Midwest, which was published incorrectly on Tuesday September 2 due to the inclusion of an incorrect date. The rationale for MB-STE-0184 steel hot-rolled coil index, fob mill US Midwest, had erroneously stated that the index was calculated at $41.50 per cwt on […]
September 4, 2025
·
By Rachel McGuire
Insights
First Quantum Minerals copper production to reach 1.5 mln tpy by 2035, CEO says
Tristan Pascall, chief executive officer of Vancouver-based First Quantum Minerals, gave an exclusive interview with Fastmarkets on Friday August 29, in which he explains why Africa is the best place to build large copper mines, and gave his opinion of the outlook for the nickel, gold and copper sectors.
September 4, 2025
·
By James McKeigue
Insights
US DLA extends cobalt alloy grade acquisition
Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.
September 3, 2025
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By Alexander Cook
Insights
Copper shortage is forcing faster aluminium adoption, Norsk Hydro says
Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.
September 3, 2025
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By Julienne Raboca, Sayaka Kurata
Insights
Animal fats price updates: Gulf fats trade is mixed and Brazilian tallow prices at all time high
Domestic prices for tallow in Brazil rose to their highest levels on Thursday August 28 since Fastmarkets started the assessment in October 2024.
September 3, 2025
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By Sarah Schneider, Veronika Prykhodko, Gabriel Nascimento, the Fastmarkets team
Insights
Correction to Asia palm oil prices February-June 2024
The following prices were affected: AG-PLM-0008 crude palm oil, domestic, Malaysia, ringgit per tonne AG-PLM-0009 crude palm oil, fob Malaysia, $ per tonneAG-PLM-0010 refined bleached deodorised (RBD) palm olein, fob Malaysia, $ per tonne AG-PLM-0013 crude palm oil, cfr west coast India, $ per tonne AG-PLM-0014 crude palm oil, cfr east coast India, $ per […]
September 3, 2025
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By Fastmarkets pricing team
Insights
Recycling metal drives Saudi Arabia’s industrial transformation
Recycling metal is taking on an ever-larger role at the heart of Saudi Arabia's rapid industrial transformation, recycling giant Al Qaryan Group's Ferrous Commercial Director Ahmed Khadr told Fastmarkets in an exclusive interview in August.
September 3, 2025
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By Lee Allen
Insights
US scrap trends outlook: September 2025
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our September survey.
September 3, 2025
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By the Fastmarkets team
Insights
Proposal to discontinue US Midwest ferrous scrap No1 busheling index
This proposal follows the transition of the settlement of the Chicago Mercantile Exchange No1 busheling contract to Fastmarkets’ assessment of the Chicago No1 busheling price on December 16, 2024. The index has remained active in the interim to support existing contracts that are settled against that calculated number. The specifications for the affected index are […]
September 2, 2025
·
By Fastmarkets pricing team
Insights
Global cash markets: Wheat and corn fall, soybean slows
Fastmarkets’ weekly recap of the main movements in global cash markets. Global wheat prices drop on lackluster demand and Chinese soybean buying falters.
September 2, 2025
·
By the Fastmarkets team
Insights
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