Seaborne high-grade iron ore prices erased gains achieved since early March in the week ending Friday March 24, amid a dip in iron ore futures

Demand in the direct-reduced (DR) iron ore pellet market has improved, partly due to a lower premium in the second quarter, sources told Fastmarkets

Wenbo He, secretary of the Party Committee and executive chairman of the China Iron and Steel Association (CISA), spoke about China's green steel plans at the integration conference of green steel, green energy and green finance industries on March 2

Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 bundles in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.

Fastmarkets proposes to change the publication time of the weekly assessments of Mexican ferrous scrap prices on Tuesdays to “between 2pm and 3pm New York time” from “by 2pm New York time.”

Global multi-metal miner and trader Glencore intended to build an “unrivaled” copper business through a proposed takeover of Canadian miner Teck Resources

Fastmarkets has amended the index specifications and publication frequency of its MB-IRO-0013 index for iron ore 66% Fe concentrate, cfr Qingdao, $/tonne and has launched a standalone premium index.

Fastmarkets proposes to amend the base specifications of its iron ore 65% Fe Brazil-origin fines index to more closely align with specifications of Brazilian high-grade fines.

The publication of Fastmarkets' manganese ore seaborne indices for Friday March 31 was delayed due to inputting errors in the data submission process.

As of May 9, 2023, Fastmarkets will improve the foreign exchange (FX) spot rates published on the Fastmarkets Dashboard and in the Scrap Settlement PDF.