Recycling metal is taking on an ever-larger role at the heart of Saudi Arabia's rapid industrial transformation, recycling giant Al Qaryan Group's Ferrous Commercial Director Ahmed Khadr told Fastmarkets in an exclusive interview in August.

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

This proposal follows the transition of the settlement of the Chicago Mercantile Exchange No1 busheling contract to Fastmarkets’ assessment of the Chicago No1 busheling price on December 16, 2024. The index has remained active in the interim to support existing contracts that are settled against that calculated number. The specifications for the affected index are […]

Fastmarkets proposes to amend the specifications of its iron ore 62% Fe fines, fot Qingdao indices to align with the specifications for mid-grade sinter fines in China’s portside market.

Aluminium producers in other countries are increasingly viewing Brazil as an alternative market because of the growing difficulties in accessing the markets in the US because of that country’s import tariffs, market participants said in the week to Thursday August 28.

Critical minerals investment company TechMet Ltd is setting up a new trading arm, TechMet SCM, backed by additional investment from Mercuria Energy Trading.

ArcelorMittal Long Products Canada filed a $2.77 million claim in federal court in Peoria, Illinois against Liberty Steel & Wire Monday August 25 for unpaid purchases of billet shipped to Liberty’s Georgetown, South Carolina facility from September 2023 to the plant’s closing in April 2024.

Vietnam and Brazil were the most impacted by the US Department of Commerce’s final affirmative determination in the anti-dumping duty (AD) and countervailing duty (CVD) investigations of corrosion-resistant steel products (CORE) from ten countries.

The initial confusion is settling in the bulk ferro-alloys markets in Europe following weeks of speculation about the potential for minimum import prices to be imposed as part of a European Commission safeguarding investigation.

Fastmarkets has launched its MB-AL-0425 aluminium 6063 & 6060 extrusion billet premium, ddp São Paulo, on Tuesday August 26. This launch follows positive feedback from the domestic market in Brazil for a regional price reference. Fastmarkets is the first Price Reporting Agency (PRA) to launch this premium in Brazil.  Brazil is among the world’s top […]