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Correction to green steel base price, hot-rolled coil cfr Vietnam, weekly inferred on April 18, 2025
The price was correctly published as scheduled on Thursday April 17. The erroneously published price has since been retracted and regular publication will resume on Friday April 25. For more information on Fastmarkets’ holiday pricing schedule, please visit: https://www.fastmarkets.com/methodology/price-schedules/. This price is part of the Fastmarkets steel package. For more information or to provide feedback on this correction […]
April 22, 2025
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Insights
Final decision on open consultation on methodology for secondary aluminium price assessments
Full details of the prices covered by this consultation can be found here. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]
April 16, 2025
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By Sean Barry
Insights
Final decision on open consultation on methodology for steel scrap price assessments, indices
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. Full details of the prices covered by this consultation can be found here. This consultation, sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]
April 16, 2025
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By Fastmarkets Staff
Insights
Correction to aluminium P1020A premium, ddp Midwest US, rationale on April 16
The MB-AL-0020 Aluminium P1020A premium, ddp Midwest US, US cents/lb rationale mistakenly quoted the London Metal Exchange cash/three month spread to be trading at a $0.15 per tonne contango at the time of assessment on Wednesday. That is now corrected to read that it was trading at a $37 per tonne contango at the time of assessment. […]
April 16, 2025
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By Yasemin Esmen
Insights
Amendment to the cobalt standard grade, in-whs Rotterdam brands
Fastmarkets received an array of feedback regarding the proposed changes following the publication of the initial consultation on February 24 and the subsequent extension to the consultation on March 26 to April 9. After carefully reviewing the feedback received, Fastmarkets has decided to proceed with the inclusion of Greatpower cut cathodes, Hanrui cut cathodes, Lygend cut cathodes, and […]
April 16, 2025
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By Alexander Cook
Insights
Proposal to amend cobalt standard grade, in-whs Rotterdam brands
A recent consultation sought feedback on the inclusion of brands into the cobalt standard grade brand list. The feedback received was mixed in its support of adding a powder brand; as a result, Fastmarkets is reopening part of the previous consultation to seek further feedback and clarity on the proposed change. Due to a limited […]
April 16, 2025
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By Fastmarkets Staff
Insights
Delayed publication of chrome ore South Africa UG2/MG concentrates index, cif China: pricing notice
The publication of Fastmarkets’ MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China on Tuesday April 15 was delayed because of a technical issue. Fastmarkets’ pricing database has been updated. The following price was affected: MB-CHO-0003 Chrome ore South Africa UG2/MG concentrates index, cif China, $/tonne The price is a part of the Fastmarkets ores […]
April 15, 2025
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By Claire Patel-Campbell
Insights
Final decision on open consultation on iron ore indices methodology: pricing notice
Fastmarkets invited feedback from the industry on the pricing methodology for iron ore indices, via an open consultation process between March 10 to April 7 2025.This consultation was done as part of our published annual methodology review process. A full list of all the prices covered can be found in the original consultation. Fastmarkets received feedback […]
April 15, 2025
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By Alice Li
Insights
Tariffs create volatility, but long-term conviction remains, says Rio Tinto Copper CEO | Hotter Commodities
Tariffs are creating a short-term period of volatility, but are not shifting conviction on the long-term fundamentals of the copper market, the chief executive officer of Rio Tinto Copper has said
April 15, 2025
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By Andrea Hotter
Insights
Copper producers ‘keep calm and carry on’ amid chaos | Hotter Commodities
Producers of copper appear to be adopting the public mantra of “keep calm and carry on” while trade tensions escalate. But this belies an underlying mood of concern that not just they, but the wider industry, has assumed
April 15, 2025
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By Andrea Hotter
Insights
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