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

The global iron ore market is at a turning point as quality becomes a critical focus. While steelmakers race toward cleaner production methods that require higher-grade ore, the supply side tells a different story. Declining grades and rising impurities are forcing market participants to reassess traditional benchmarks and adopt new pricing methodologies that reflect the realities of today’s traded material.

Discover how the Middle East Iron and Steel Conference 2025 addresses industry challenges, trade flows, and resource technologies.

Fastmarkets has launched AG-CRN-0131 Corn fob Brazil Northern Arc $/mt and AG-CRN-0132 Corn fob Brazil Northern Arc Premium c$/bu on Monday November 3.

Learn how US policymakers are focusing on rare earth magnets and recycling to build a sustainable supply chain.

Fastmarkets has adjusted the base brands of its MB-MNO-0001 manganese ore high grade index, cif Tianjin, and its MB-MNO-0005 manganese ore high grade port index, fot Tianjin, as of Saturday November 1, to better reflect the bulk of ore traded in today’s market, and is clarifying how the index is formed.

Fastmarkets has corrected its MB-ALU-0003 alumina inferred index, fob Brazil, which was published incorrectly on Thursday October 30 due to a technical error. MB-ALU-0010 Alumina index inferred, fob Brazil was published in error as $340.40 per dry metric tonne. It has been corrected to $341.49 per dmt. MB-ALU-0003 Alumina index adjustment to fob Australia index, Brazil was […]

Fastmarkets has amended the base specification of its index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao, to align with the specifications for high-grade sinter fines in the CFR Qingdao market.

As global smelting margins weaken, a quiet revival is taking shape in the United States as new copper smelting and refining projects gather momentum. Policy shifts, strategic incentives and the push for industrial resilience are driving investment that could close America’s long-standing processing gap and reshape its role in the global copper market.

The differential, dated October 31, is based on the simple mathematical average of the Fastmarkets’ high-grade iron ore silica value-in-use (MB-IRO-0192) as the sole input for the October 3-31 period inclusive, and is effective for use on and after November 3. The one-time differential is $(0.21) per tonne. It is intended to represent Fastmarkets’ reasonable assessment of the […]