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Correction to alumina index inferred prices on July 15
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
July 15, 2025
·
By Fastmarkets Staff
Insights
US copper scrap industry needs export controls, PMR CEO says | Hotter Commodities
The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
July 15, 2025
·
By Andrea Hotter
Insights
Launch of Indonesia nickel ore prices: pricing notice
Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]
July 15, 2025
·
By Dylan Duan, Laura Li
Insights
US copper scrap markets look to transition to LME vs COMEX
US copper scrap market participants are shifting from COMEX to LME pricing in response to extreme price volatility and a new 50% copper import tariff. The change is influencing discount formulas, export strategies and long-term trading dynamics across the sector.
July 15, 2025
·
By Kirstyn Petras
Insights
Proposal to launch nickel pig iron CIF China price assessment: pricing notice
Nickel pig iron (NPI) is a key feedstock material used for stainless steel production, and the CIF has grown to become one of the mainstream trading methods for the Chinese market. The proposed price assessment will allow Fastmarkets to bring more transparency to the Chinese NPI market. Fastmarkets has been tracking spot and DDP China […]
July 15, 2025
·
By Dylan Duan, Laura Li
Insights
Proposal to discontinue US copper rod premium price assessment: pricing notice
The proposal follows preliminary discussions with the market and internal analysis of price usage, which suggests low market liquidity and a lack of demand. Specifically, Fastmarkets is proposing to discontinue: MB-CU-0410 Copper rod premium, ddp Midwest US, US cents/lbQuality: Purity of 99.95-99.99%. Thicknesses of 8 millimeters or 0.3125 inchesQuantity: Min 25,000 poundsLocation: Delivered US MidwestUnit: US […]
July 15, 2025
·
By Rae Boyadjis
Insights
Decision to amend specifications of US copper cathode premium, all-in price
After a month-long consultation period, Fastmarkets is amending the below specifications, following no negative feedback from market participants and internal data analysis. The following changes will take place: The new specifications are as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME […]
July 14, 2025
·
By Rae Boyadjis
Insights
Delayed publication of manganese ore seaborne prices
The publication of the affected prices was delayed for 50 minutes. The following indices were published late: MB-MNO-0001 Manganese ore high grade index, cif Tianjin, $ per dmtu MB-MNO-0002 Manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, $/dmtu MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $/dmtu These prices are a part of the […]
July 11, 2025
·
By Holly Chant
Insights
Proposal to amend steel reinforcing bar domestic, exw Italy assessment
Fastmarkets proposes to amend the specifications of its weekly price assessment for MB-STE-0037 steel rebar domestic exw Italy to better reflect the material traded in the market.
July 11, 2025
·
By Vlada Novokreshchenova
Insights
Copper rattled by tariffs, clarity yet to come | Hotter Commodities
The global copper market has finally received the widely anticipated news that imports to the US will be tariffed from August 1. The finer details of the tariffs, including their scope, and whether key copper-exporting nations like Chile, Canada and Peru will be exempt, remain unclear.
July 10, 2025
·
By Andrea Hotter
Insights
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