Global aluminium producers face heightened uncertainty over power supplies, with oil and gas prices elevated by the closure of the Strait of Hormuz, through which around 20% of global oil and liquefied natural gas (LNG) flows, sources told Fastmarkets.

The publication of four Fastmarkets’ price assessments for boric acid were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price assessments were affected:MB-BOR-0012 Boric acid, technical grade, granular, fca US West CoastMB-BOR-0013 Boric acid, technical grade, granular, cif ChinaMB-BOR-0014, Boric acid, technical grade, granular, ddp EuropeMB-BOR-0015 Boric acid, technical grade, granular, cif […]

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

Fastmarkets is extending its proposal to discontinue eight assessments for seamless and welded tube and pipe in Europe and Asia. The proposal is due to subdued activity and a lack of available data in Europe and parts of Asia. Fastmarkets proposes to discontinue the following prices: MB-STE-0825 Europe welded Spiral DSAW linepipe API 5L X65 fob […]

An interview with Sir Mick Davis, former CEO of Xstrata, founder and CEO of Vision Blue Resources, on financing in mining with Andrea Hotter for the Fast Forward podcast

This consultation, which is open until April 30, seeks to ensure that our methodologies continue to reflect the physical market, 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 and publication frequency. The price under review is:MB-IRO-0004 […]

Fastmarkets is extending the consultation period for the methodology of several of its black mass payables indicators and prices, and is also proposing changes to the names of CIF South Korea and EWX Europe black mass prices.

Fastmarkets proposes to launch fortnightly bismuth and indium prices on a DDP US basis on Friday May 1. Market participants have expressed support for localized US pricing in response to Section 301 tariffs, export controls and increased US government funding to support domestic and allied supply chains. These assessments would complement Fastmarkets’ existing benchmarks in […]

Fastmarkets has suspended the monthly price assessment for CFR Jebel Ali, UAE, steel sections (light and medium), S235-SS400 amid the escalation of the conflict between the US, Israel and Iran and because relevant pricing data is not immediately available.

Why automotives are pulling ahead while construction lags behind.