“Biodiesel margins [in the US] are in the gutter,” a biodiesel producer told Fastmarkets on Monday April 14. Gross margins on Friday April 11 were firmly negative for biodiesel production and negative to breakeven for renewable diesel production, sources said.

Fastmarkets invited feedback from the industry on the pricing methodology for iron ore indices, via an open consultation process between March 10 to April 7 2025.This consultation was done as part of our published annual methodology review process. A full list of all the prices covered can be found in the original consultation. Fastmarkets received feedback […]

Tariffs are creating a short-term period of volatility, but are not shifting conviction on the long-term fundamentals of the copper market, the chief executive officer of Rio Tinto Copper has said

The consultation closed on April 7, with no new comment or feedback received suggesting that any material change is required to the existing methodology. The consultation sought to ensure that our methodology continued to reflect the physical coking coal and coke markets that the indices covered, in compliance with the principles of the International Organization […]

China is a key leader in lithium-ion battery recycling, implementing new national standards designed to strengthen supply chain security, improve efficiency and address increasing market demand by July 2025.

Extreme volatility in the stock market, and accompanying widespread concern about the broader economy distracted framing lumber traders all week. Constant shifts in news emanating from the White House about tariffs kept traders on edge. Many traders, particularly in Canada, spent much of the week at the Montreal Wood Convention. Buyers replenished cautiously and conservatively […]

The trade logs were missing a reference to a deal heard second-hand at $3.90 per dmtu during the session. The trade logs for manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, and manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, have both been updated to read:“Deals were heard second hand at $3.90-4.05 per dmtu.” […]

Fastmarkets has corrected the rationale for its price assessment for MB-FEO-0001 ferro-molybdenum 65% Mo min, in-whs Rotterdam, $ per kg Mo, which was published incorrectly on Friday April 11. The rationale referred to the range widening in both directions, when prices came down during the session. An updated line in the rationale for MB-FEO-0001 Ferro-molybdenum 65% […]

How tariffs, economic uncertainty and innovation are shaping the future of US copper production

Read special correspondent Andrea Hotter's coverage from CESCO Week 2025 and learn more about the growing demand for copper