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First US nickel refinery Westwin Elements enters $1.4 billion offtake agreements with Traxys
Westwin Elements, America’s first nickel refinery, has secured $1.4 billion in long-term deals with Traxys, boosting the domestic critical minerals supply chain and reducing import reliance.
August 5, 2025
·
By David Bartle
Insights
US scrap trends outlook: August 2025
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our August survey.
August 5, 2025
·
By the Fastmarkets team
Insights
Clarification of Fastmarkets’ wood products price names
Fastmarkets is standardizing the names of its forest products prices for recovered paper, pulp, paper packaging, graphic paper, nonwovens, timber, biomass and softwood products. Principally to ensure consistent and clearly define the markets. Fastmarkets is in the process of standardizing price nomenclature for forest products. This initiative does not alter the existing methodology for price […]
August 4, 2025
·
Insights
Brazilian tallow prices hold firm despite 50% US tariff and exports disruption
A tight supply scenario kept Brazilian domestic animal fats prices firm in the week to Thursday July 31, despite the recent disruption of tallow flows following the 50% US tariff against Brazil announced on July 9. Export prices were unchanged amid ongoing uncertainties.
August 4, 2025
·
By Taís Laporta
Insights
Delayed publication of base metals arbitrage assessments
The publication of Fastmarkets’ price assessments of the base metals arbitrage for copper, aluminium, zinc and nickel for Friday August 1 were delayed due to reporter error. Fastmarkets’ pricing database has been updated.
August 1, 2025
·
By Zachary Tia
Insights
Mexican primary aluminium market faces low activity amid tariff caution
The Mexican aluminium market is experiencing low spot activity and pricing pressure amid ongoing tariff uncertainty and heavy reliance on US trade. Market participants are watching closely for potential trade deals that could reshape the current landscape.
August 1, 2025
·
By Leticia Simionato
Insights
Clarification of methodology for battery-grade lithium hydroxide: pricing notice
To increase the transparency of our methodology, Fastmarkets clarifies that qualities of these two battery-grade lithium hydroxide assessments are both coarse. You can find the updated methodology for lithium hydroxide here: https://www.fastmarkets.com/uploads/2025/05/fm-mb-lithium.pdf To provide feedback on this clarification for the battery-grade lithium hydroxide methodology please contact Zihao Li by email at: pricing@fastmarkets.com. Please add the […]
August 1, 2025
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By Zihao Li
Insights
Delayed publication of alumina index adjustment to fob Australia index, Brazil
The publication of Fastmarkets’ MB-ALU-0003 alumina index adjustment to fob Australia index, Brazil for Thursday July 31 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
July 31, 2025
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By Abdi Salad
Insights
US 50% tariffs on Brazil exclude pulp, refined copper, scrap but hit tallow and beef
Key takeaways: US 50% tariffs on Brazil exclude pulp, other major exporting sectors US President Donald Trump has signed an executive order implementing an additional 40% tariff on Brazil, raising the total tariff to 50%, the White House said in a statement published on Wednesday July 30. The new tariffs will take effect in seven […]
July 31, 2025
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By Jorge Barbosa, Sandy Oliveira, Marina Faleiros, Marcela Caetano, Leticia Pakulski, Taís Laporta, Gabriel Nascimento, Rae Boyadjis, Amy Hinton, Carman Chew
Insights
Launch of stainless steel EU domestic cold-rolled sheet, 2mm, grade 316 price
After a consultation period, Fastmarkets has launched this grade 316 stainless steel cold-rolled sheet price to expand Fastmarkets’ coverage of the flat stainless steel market in Europe alongside the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe. Fastmarkets did not receive any direct responses to this consultation, but […]
July 31, 2025
·
By Zdravko Cherkezov
Insights
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