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Correction to alumina index, fob Australia, plus derived prices, on August 18
On August 18 the following prices were published incorrectly: MB-ALU-0002 Alumina index, fob Australia, $/tonne was published in error as $369.13 per tonne. This has now been corrected to $369.10 per tonne. MB-ALU-0019 Alumina index inferred, fob Indonesia, $/tonne was published in error as $378.13 per tonne. This has now been corrected to $378.10 per tonne. MB-ALU-0018 Alumina […]
August 19, 2025
·
By Fastmarkets pricing team
Insights
Correction to rationale of aluminium P1020A premium, in-whs dup Rotterdam, $/tonne
Fastmarkets has corrected the rationale for its MB-AL-0346 Aluminium P1020A premium, in-whs dup Rotterdam, $/tonne that was published incorrectly on Tuesday August 19.
August 19, 2025
·
By Fastmarkets pricing team
Insights
Final decision on open consultation on methodology review for Fastmarkets’ iron ore 61% Fe fines index specifications: pricing notice
Based on feedback received, Fastmarkets will maintain the current iron ore 61% Fe fines specifications to preserve consistency in face of evolving mid-grade fines quality. This decision will have no material impact on pricing. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International […]
August 19, 2025
·
By Fastmarkets pricing team
Insights
Ferro-alloys suppliers choose different paths through EC safeguarding uncertainty
The European ferro-alloys market faces uncertainty as the European Commission considers imposing minimum import prices. Suppliers are adjusting sales contracts, pricing strategies and agreements in anticipation of potential safeguard measures.
August 15, 2025
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By Janie Davies
Insights
Copper tech could shrink US supply gap immediately, Jetti CEO says | Hotter Commodities
The US is confronting a copper supply shortfall, but one company believes that it already holds the key to unlocking hundreds of thousands of tonnes of refined copper – right here, right now.
August 15, 2025
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By Andrea Hotter
Insights
Launch of nickel pig iron CIF China price assessment
Fastmarkets launches MB-FEN-0008 nickel pig iron, high-grade NPI content 10-14%, cif China, yuan/nickel unit price on Friday August 15.
August 15, 2025
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By Dylan Duan, Laura Li
Insights
Copper crisis averted, bonded storage a buffer | Hotter Commodities
When the US opted not to impose Section 232 tariffs on copper cathode imports last month, the market breathed a sigh of relief.
August 15, 2025
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By Andrea Hotter
Insights
New steelmakers in Southeast Asia aim for green offshoots amid growing production glut
New steelmakers in Southeast Asia are embracing hydrogen-based DRI, electric arc furnaces and renewable energy to advance green steel production and counter oversupply pressures, reshaping both market competition and raw material demand.
August 15, 2025
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By Paul Lim, Malvick Ong
Insights
The iron ore paradox: Short-term realities and long-term goals
Steel’s future is being forged in a crucible of competing demands. As the global push for greener production gains momentum, today’s market continues to favor low-cost, lower-grade ores. This “iron ore paradox” puts producers, investors and policymakers at a pivotal intersection. While economic realities make lower-grade ores attractive now, the industry can’t ignore the drive to decarbonize steel production.
August 15, 2025
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By the Fastmarkets team
Insights
SGX iron ore 65% Fe futures contract soar to new record on surge in speculative trading, hedging needs
The SGX 65% Fe iron ore futures contract reached record trading volumes as Chinese steelmakers sought high-grade ores amid tighter production restrictions. This surge underscores the growing role of premium-grade iron ore derivatives in global steel and raw materials markets.
August 14, 2025
·
By Norman Fong, Paul Lim
Insights
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