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 […]

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 […]

The price was initially published as $115.73 per tonne. This has since been corrected to $117.26 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets steel raw materials package. For more information or to provide feedback on this correction notice or if you would like to provide […]

Following a recent proposal to amend the specifications of the MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao index – specifically, the increase in the silica base specification from 2.2% to 2.7% – Fastmarkets will introduce the high-grade iron ore, 0.5% Si VIU, cfr Qingdao index. This new index is designed to support the market’s transition and provide […]

The Russian grain harvest had reached 33.75 million tonnes from 10.32 million hectares as of Monday July 21, according to official government data. Harvest progress had advanced to 21.5% of the planned 47.92 million ha, a rise of 7 percentage points in one week from 14.5%.

Black Sea wheat prices have surged in recent weeks due to tight supply and rising domestic demand, with market dynamics and harvest progress hinting at potential further shifts in the weeks ahead.

Black Sea wheat prices have surged in recent weeks due to tight supply and rising domestic demand, with market dynamics and harvest progress hinting at potential further shifts in the weeks ahead.

Following an initial consultation with the market, and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing the changes to the name and specifications of the index for iron ore 62% Fe fines, fot Qingdao (MB-IRO-00011), and iron ore 62% Fe fines, fot Qingdao, $/tonne conversion (MB-IRO-00022), […]

China's black mass import rules, effective August 1, may reshape global battery recycling by tightening high-grade material supply and altering trade patterns, benefiting some suppliers while challenging others.

Market reactions to the soon-to-be-implemented US copper tariff are driving short-term volatility and supply imbalances while fuelling long-term efforts to expand domestic production, recycling and infrastructure.