Fastmarkets invited feedback from the industry on its pricing methodology and product specifications for ferrous metals, as part of its announced annual methodology review process. The consultation, which was open until April 2, sought to ensure that our methodologies continue to reflect the physical ferrous metals markets, in compliance with the International Organization of Securities Commission […]

Steel markets in Gulf Cooperation Council (GCC) countries are facing a growing supply crisis for steel and raw materials after the month-long regional conflict paralyzed shipping.

The Canada HRC hot-rolled price hovered around C$55 ($40) per hundredweight as market participants reacted with dismay to new US policies that affect the way tariffs are calculated on derivative metals products.

Logistics disruptions, sharply higher freight costs and limited raw materials supply are among the main impacts from the ongoing conflict between the US, Israel and Iran on the Middle East's steel market, Asam Hussain, the chief executive officer of Arabian Gulf Steel Industries (AGSI), told Fastmarkets on Wednesday April 1.

The annual consultation sought to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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. The current methodology […]

This consultation, which is open until April 30, 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. The price under review is:MB-IRO-0004 […]

Fastmarkets is inviting feedback from the industry on the methodology for its audited steelmaking raw materials indices, as part of its announced annual methodology review process. The consultation, which is open until Friday March 27, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, […]

The publication of Fastmarkets' Value-In-Use (VIU) indices for February 25 2026 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

The US and Canadian steel industries are “aligned” in trade policies, and the imposition of Section 232 tariffs against Canada is “unjustified,” Canadian Steel Producers Association (CSPA) vice president for trade and industry affairs Francois Desmarais told Fastmarkets in an exclusive interview on Friday February 6.

Fastmarkets has corrected the rationale for its price index for MB-COA-0003 Premium hard coking coal, fob eastern Australian ports, which was published incorrectly on Thursday February 12, owing to a typographical error.