After a consultation period, Fastmarkets has launched this grade 316 stainless steel cold-rolled sheet price to expand Fastmarkets’ coverage of the flat stainless steel market in Europe alongside the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe. Fastmarkets did not receive any direct responses to this consultation, but […]

The price was initially published as $115.73 per tonne. This has since been corrected to $117.26 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets steel raw materials package. For more information or to provide feedback on this correction notice or if you would like to provide […]

Following a recent proposal to amend the specifications of the MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao index – specifically, the increase in the silica base specification from 2.2% to 2.7% – Fastmarkets will introduce the high-grade iron ore, 0.5% Si VIU, cfr Qingdao index. This new index is designed to support the market’s transition and provide […]

Following an initial consultation with the market, and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing the changes to the name and specifications of the index for iron ore 62% Fe fines, fot Qingdao (MB-IRO-00011), and iron ore 62% Fe fines, fot Qingdao, $/tonne conversion (MB-IRO-00022), […]

Discover how the US-Japan trade deal is reshaping the auto and steel industries, with insights on tariffs, production shifts, and market competition

Market reactions to the soon-to-be-implemented US copper tariff are driving short-term volatility and supply imbalances while fuelling long-term efforts to expand domestic production, recycling and infrastructure.

US export controls on recycled copper would have unintended consequences that could weaken the country’s domestic recycling and manufacturing ecosystems, the president of the Recycled Materials Association (ReMA) said.

Fastmarkets’ SBQ price assessments and monthly forecast provide much-needed clarity and a benchmark for buyers in the steel industry to use for planning and negotiation.

American Chambers of Commerce (Amcham) across Latin America are calling for urgent negotiations to prevent the escalation of trade tensions between their countries and the US, following the announcement of sweeping 50% tariffs by President Donald Trump.

Fastmarkets has launched a MB-STE-0935 Steel reinforcing bar (rebar), differential to shredded auto scrap Chicago, fob mill US, $/gross ton to complement its existing suite of steelmaking raw materials to finished product differentials on Wednesday July 23. This strategic launch is designed to offer the market a single reference price denoting the differential between steel […]