The publication of several Fastmarkets copper concentrates indices and coefficients was delayed by 53 minutes on Friday October 3 because of a reporter error. Fastmarkets’ pricing database has been updated. The affected prices were:MB-CU-0508 Copper concentrates TC implied smelters purchase, $/tonneMB-CU-0509 Copper concentrates TC implied traders purchase, $/tonneMB-CU-0510 Copper concentrates RC implied smelters purchase, US cents per lbMB-CU-0511 Copper […]

Fastmarkets proposes to launch a price index for West Coast steel hot-rolled coil, following ample feedback from the market suggesting we could provide additional clarity to the steel market with prices focused in that region. The hot-rolled coil market dynamics in the West Coast region are unique compared with those in the Midwest and South […]

The publication of the affected prices was delayed for 58 minutes. The following indices were published late:MB-MNO-0001 Manganese ore high grade index, cif Tianjin, $ per dmtuMB-MNO-0002 Manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, $/dmtuMB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $/dmtu These prices are a part of the Fastmarkets Ores & […]

Vitol is expanding its presence in copper trading with senior hires and a cautious, long-term strategy. The move highlights the growing role of metals in energy traders’ portfolios as markets shift post-Ukraine conflict.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey.

Chinese cobalt refiners are preparing to use cobalt metal as feedstock for sulfate and tetroxide production, as tightening supply and price rallies on cobalt hydroxide from the Democratic Republic of Congo (DRC) have made smelters look for alternatives, market sources told Fastmarkets.

US and European wheat futures declined on Friday September 26 on expectations of ample global supplies as the Northern Hemisphere harvest nears its end, and on the prospects of healthy harvests in Southern Hemisphere producers Australia and Argentina.

Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

Fastmarkets’ pricing database has been updated. The affected prices were:MB-STE-0416 Steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, $ per tonneMB-STE-0417 Steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, $ per tonneMB-STE-0894 Steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonneMB-STE-0100 Steel scrap, HMS 1&2 (80:20 […]

These monthly prices were published on September 11 and have now been cancelled. Fastmarkets’ pricing database has been updated to reflect this change. The next publication will be on October 2, when the market will be assessed as normal. Fastmarkets’ pricing database has been updated to reflect this change. The following prices were published early:MB-ZIR-0014 Zircon, […]