The Trump administration has introduced reciprocal tariffs, matching about half the rates imposed by US trade partners, with a minimum of 10%, to boost domestic industries and achieve "economic independence." While praised by US steel manufacturers for protecting jobs, the effect on trade relationships with partners like Canada and Mexico remains uncertain.

The publication of Fastmarkets’ Turkish steel scrap import indices was delayed on Wednesday April 2 because of a technical fault. Fastmarkets’ pricing database has been updated. The following prices were affected: MB-STE-0416 Steel scrap HMS 1&2 (80:20 mix) North Europe origin, cfr Turkey, $/tonne MB-STE-0417 Steel scrap HMS 1&2 (80:20 mix) US origin, cfr Turkey, […]

The publication of Fastmarkets’ iron ore DR-grade pellet premium, quarterly contract was delayed due to a reporter’s error. Fastmarkets’ pricing database has been updated. The MB-IRO-0077 Iron ore DR-grade pellet premium, quarterly contract was published on Wednesday April 2 – the second working day of the quarter, while usually it is published on the first […]

In the second of a two-part series, Fastmarkets looks at opportunities for the Asia ferro-alloys sector that could result from US-China trade tensions or against a backdrop of greater trade protection, ahead of the Asia Ferroalloys 2025 Conference

As US-China trade tensions intensify, Fastmarkets outlines the key challenges and opportunities for the Asian ferro-alloys sector ahead of the Asia Ferroalloys 2025 Conference.

The United States is taking steps to strengthen its critical mineral supply. This move focuses on boosting domestic production, improving supply chains, and addressing regulatory challenges. These efforts aim to enhance economic growth and reinforce national security.

This consultation, which is open until April 28, 2025, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can find the […]

The prices were scheduled for publication at 4pm London time, but were published at 4:19pm. The following prices were affected:MB-LI-0028 Lithium carbonate 99% Li2CO3 min, technical and industrial grades, spot price cif China, Japan & Korea, $/kgMB-LI-0032 Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, technical and industrial grades, spot price cif China, Japan & Korea, $/kgMB-LI-0034 Lithium carbonate […]

During the extended consultation, Fastmarkets received comprehensive and wide-ranging feedback from a broad cross-section of the P1020A value chain.The majority of the market feedback received during the consultation was in support of Proposal 1, with most participants preferring its simpler, more coherent mechanism of reflecting CBAM costs than Proposal 2. Proposal 1: Reporters may apply expert […]

Fastmarkets has corrected its MB-AL-0292 Aluminium ingot ADC 12 spot (MJP), cfr Japan, $/tonne price assessment, which was published incorrectly on Wednesday March 26 due to a typographical error. The price was initially published as $2,450-2,480 per tonne. This has since been corrected to $2,400-2,480 per tonne. Fastmarkets’ pricing database has been updated to reflect […]