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Open consultation on IOSCO-audited secondary aluminium price assessments
The consultation, which is open until Monday April 14, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for secondary aluminium, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications […]
March 12, 2025
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By Ross Yeo
Insights
Changing biofuel policy spurs renewable diesel dumping allegations against US from Canada’s Tidewater
The Canada Border Services Agency (CBSA) announced on Thursday, March 6, that it is opening an investigation to determine if the US is unfairly subsidizing and dumping renewable diesel in Canada; changing US biofuel policy seems to be a contributing factor in this investigation. The Blender’s Tax Credit (BTC), which expired on December 31, provided […]
March 12, 2025
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By Robert Lane
Insights
Delayed publication of Fastmarkets’ Steel scrap No1 busheling, delivered mill Chicago assessment on Tuesday March 11
Fastmarkets’ publication of the MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton is delayed by late settlement as of Tuesday March 11.
March 11, 2025
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By Amy Hinton
Insights
Further delay to domestic North American ferrous scrap settlement for March
Fastmarkets typically settles these markets on or before the 10th of the month, but will be delaying publication due to delays in settlements. The markets not settled by Tuesday include: To provide feedback on this notice, please contact Amy Hinton by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Amy Hinton, re: scrap prices.” Please […]
March 11, 2025
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By Amy Hinton
Insights
Fastmarkets announces aluminium pricing suite to bring transparency to Mexico’s growing market
Find out how these new additions are enhancing transparency in an ever-evolving market
March 11, 2025
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By Yolande Peters
Insights
Trump doubles tariffs on Canadian steel and aluminium to 50% amid trade clash
President Trump has threatened to double tariffs on Canadian steel and aluminium to 50%, potentially escalating tensions in US-Canada trade relations. If implemented, this move could have significant economic consequences and may prompt retaliatory actions from Canada. The article examines the potential implications of this tariff hike and its impact on the steel and aluminium industries, as well as the broader trade dynamics between the two nations.
March 11, 2025
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By Robert England
Insights
Launch of three aluminium import premiums for Mexico
Fastmarkets is launching assessments of the MB-AL-0407 aluminium P1020A premium, cif Mexico, and the MB-AL-0406 aluminium 6063 extrusion billet premium, cif Mexico, on Tuesday March 11, and will also launch an assessment of the MB-AL-0408 aluminium low-carbon differential P1020A, cif Mexico, on Tuesday March 25. After a consultation period, Fastmarkets is launching assessments of the three […]
March 11, 2025
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By Leticia Simionato
Insights
March-April rains needed in Turkey amid increasing drought fears, TMO says
Turkey has reason to be cautious and should hope for rain in March and April if grain production is to be maintained in the country, an international conference in Dubai heard on Thursday, February 20. The warning came from the general manager of the Turkish Grain Board (TMO), Ahmet Güldal, speaking at the Intercontinental Commodity […]
March 11, 2025
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By the Fastmarkets team, Masha Belikova, Karim El-Afany
Insights
Decision to amend settlement date of US stainless scrap consumer assessments
The decision to amend the date of publication follows overwhelmingly positive feedback during the 30-day consultation period, which began on February 7 and ended on March 7, 2025. Previously, the five stainless scrap price assessments were settled on the 10th of each calendar month in line with the publication deadline for the US ferrous scrap settlement, […]
March 10, 2025
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By Amy Hinton
Insights
Delayed publication of Fastmarkets’ Steel scrap No1 busheling, delivered mill Chicago assessment on Monday, March 10
This price is part of the Fastmarkets Scrap package. For more information on Fastmarkets North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
March 10, 2025
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By Amy Hinton
Insights
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