The publication of Fastmarkets’ assessments of Shanghai bonded aluminium, zinc and nickel stocks for April 30 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The data effective for April 30 was published on May 7 as a result. The following assessments were affected:Shanghai aluminium bonded stocksShanghai zinc bonded stocksShanghai nickel […]

Soybean futures on the Chicago Mercantile Exchange fell for the second consecutive session on Wednesday April 30, pressured by selling in the soyoil market and plummeting crude prices.

The European Union’s Carbon Border Adjustment Mechanism will be implemented in seven months’ time but the region’s steel industry was still not fully prepared for the gradual changes the system will involve, Fastmarkets heard on Thursday May 8 at the Made in Steel trade fair in Milan, Italy.

US futures moved into positive territory on Wednesday April 30, on bargain buying following double-digit declines observed on Tuesday April 29.

The rationale for MB-LI-0012 spodumene min 6% Li2O, spot price, cif China, had erroneously stated that “Spodumene prices declined this session, amid continued weakness in lithium carbonate prices on the Guangzhou Futures Exchange (GFEX).” This has been corrected to “Spodumene prices declined this session, due to weakness in lithium markets and ongoing bearish sentiment.” The published price […]

Following the consultation which concluded on Thursday May 8, the frequency of the price will change from weekly to monthly, with the first assessment on a monthly frequency on Friday May 30, to better reflect the evolving dynamics in China’s antimony market. The new specifications are as follows, with the amendment in italics: MB-SB-0003 Antimony MMTA standard grade II, ddp […]

The price assessment tracks the weekly spot price of electrolytic manganese flake in the fob China market. The proposal was to change the publication frequency from weekly to monthly, following a review of market liquidity and internal data. After a consultation period, Fastmarkets has determined that current circumstances do not make the amendment to MB-MN-0007 Manganese 99.7% […]

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

The UK government published a draft primary legislation for its carbon border adjustment mechanism (CBAM) on Thursday April 24, with aluminium, iron and other steel goods all set to come under the policy.

Fastmarkets invited feedback from the industry on the pricing methodology for its ferro-chrome 50% Cr import, cif main Chinese ports, $ per lb contained Cr price assessment, via an open consultation process between April 7 and May 5, 2025. This consultation was done as part of our published annual methodology review process. No feedback was […]