The proposal is driven by the insufficient price inputs under the current market conditions and by market feedback about a lack of liquidity on an outright basis for the NPI contract price. Specifically, Fastmarkets is proposing to discontinue: MB-FEN-0001 Nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, yuan/nickel unit price Quality: Lump. Ni10-15%, Fe 80%, […]

Fastmarkets launches MB-IRO-0193 Iron ore 62% Australia-origin lump ore premium, cfr Qingdao, US cents/dry metric tonne unit (dmtu) on Tuesday October 21.

Brazil faces growing pressure to strengthen its steel import safeguards as global trade imbalances and new EU measures reshape export and import dynamics. Rising inflows from Asia threaten domestic mills, exposing weaknesses in Brazil’s trade defenses.

Barry Zekelman discusses how the domestic steel industry remains a cornerstone of America’s national security, energy independence and technological growth.

Global coking coal market trends are being shaped by weakening steel production, constrained supply growth and evolving trade patterns, with policy shifts and China’s limited exports influencing the steelmaking coal outlook through 2025.

The deadline will be amended from the second Friday of each month to publication by the final Friday of each month. The change is being made to ensure that all key market participants have concluded their monthly prices before the assessment is made. The prices in question are: MB-STE-0167 Steel scrap, E3 old thick scrap, domestic, […]

Charter Steel is strengthening its partnerships with automotive manufacturers and fastener companies through advanced CHQ steel production and domestic sourcing.

China has unveiled a two-year work plan to stabilize its giant steel sector, setting out measures to curb overcapacity, shore up profitability and accelerate a long-term transition toward greener and more technologically advanced production.

Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

Steel imports into Brazil are expected to decline further as Chinese tax changes and weak domestic demand weigh on the market. With interest rates at two-decade highs, both imports and local production are under pressure, though 2026 could bring short-term recovery tied to election-year stimulus.