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Amendment to load port of metallurgical coal spot HCC, PCI price assessments: pricing notice
The adjustment, which follows a consultation which ended on Tuesday March 18, will enable Fastmarkets to track a broader range of data by incorporating major ports, including Hay Point Coal Terminal, Abbot Point Coal Terminal, Gladstone Port and Port Kembla, alongside the current Dalrymple Bay Coal Terminal. To ensure consistency of the assessments, normalization of ports […]
March 18, 2025
·
By Jessie Li
Insights
Delayed publication of CIS, Europe pig iron, Europe HBI assessments
The prices were published at 5:47pm London time, instead of the scheduled time before 4 pm. The following prices were published late: MB-IRO-0002 Pig iron export, fob main port Black Sea, CIS, $/tonneMB-IRO-0014 Pig iron import, cfr Italy, $/tonneMB-FE-0004 Hot-briquetted iron, cfr Italian ports, $/tonne These prices are a part of the Fastmarkets Steel Raw Materials Physical Prices […]
March 13, 2025
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By Julia Bolotova
Insights
Correction to steel scrap heavy scrap domestic, delivered mill China price on March 7
Fastmarkets has corrected its MB-STE-0149 steel scrap heavy scrap domestic, delivered mill China, which was published incorrectly on Friday March 7.
March 7, 2025
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By Carman Chew
Insights
How to read President Trump’s Congressional address: metal edition
US President Donald Trump’s address to Congress on Tuesday March 4 contained key strategic policy objectives that will have a direct impact on global metals markets. Fastmarkets takes a high-level view of the key strategies below: “They tariff us…we will tariff them.” The Trump administration will introduce reciprocal tariffs on all countries that levy duties […]
March 5, 2025
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By Dan Hilliard, Amy Hinton
Insights
Pending tariffs could raise US car prices while potentially ‘fortifying’ the industrial base
Tariffs on steel and aluminum will raise US car prices, increase production costs, and squeeze profit margins. Smaller car companies may struggle to compete, while retaliatory actions could disrupt the global auto market, reshaping manufacturing and trade industry-wide.
March 5, 2025
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By Robert England
Insights
Trump reinstates steel tariffs: global reactions and economic fallout
US President Donald Trump has reinstated the full 25% steel tariffs under Section 232. This decisive move aims to curb surging imports and bolster US manufacturing. With exemptions removed and impacts stretching from producers to downstream manufacturers, the global steel industry braces for widespread effects.
February 17, 2025
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By Robert England, Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
Proposal to amend load port of metallurgical coal spot HCC, PCI price assessments
Fastmarkets proposes to amend the load port of its hard coking coal and pulverized coal injection (PCI) spot prices, fob DBCT, to fob eastern Australian ports, from the current basis of Dalrymple Bay Coal Terminal, Australia.
February 10, 2025
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By Jessie Li
Insights
US tariffs on Mexican imports paused for 30 days; both presidents seek agreement
U.S. tariffs on Mexico shape global trade dynamics, impacting products and prices on both sides of the border.
February 4, 2025
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By Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
Amendment to holiday pricing schedule for 15 China ferrous prices
Fastmarkets is amending its holiday pricing schedule for 15 China ferrous prices in 2025.
January 27, 2025
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By Jessica Zong
Insights
Asia steel mills strive to make blast furnace-based steelmaking greener
Major Asian steelmakers have been striving to develop decarbonization technologies for the current blast furnace-basic oxygen furnace (BF-BOF) steelmaking, given the global green steel production drive and large number of existing blast furnaces built in recent years.
January 23, 2025
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By Alice Li
Insights
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