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 […]

The decision to launch this price follows a one-month consultation that started on March 5 and ended on April 4, 2026.  The price specifications is as follows: MB-STE-0952 Electrical steel, cold-rolled grain oriented, ex-whs Eastern China, $/tonneQuality: B23R085 & 23QG085, thickness 0.23 mm, width 1,000 mmQuantity: 10 tonnes minimumLocation: Ex-warehouse ShanghaiTiming: 1-2 weeksUnit: USD/tonnePayment terms: Prompt payment upon deliveryPublication: Every second week, Friday 4-6pm Shanghai […]

The decision follows a one-month consultation period, which ended on April 6. Please note that Fastmarkets will increase the publication frequency to weekly from what was originally proposed. This frequency change is in line with feedback received during the proposal phase. This frequency change follows changes in Brazil’s import environment, including the introduction of anti-dumping measures […]

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 the C$55-per-ton threshold as market participants reacted with dismay to new US policies that affect the way tariffs are calculated on derivative metals products.

The European Commission published the first-quarter 2026 Carbon Border Adjustment Mechanism (CBAM) certificate price on Tuesday April 7, applicable to all CBAM-eligible goods imported into the EU in January-March 2026.

Automakers are expected to play a pivotal role in driving early demand for low and near-zero-emissions flat steel in Europe

Fastmarkets has decided to launch a bi-weekly price assessment for Chinese grain-oriented electrical steel (GOES) on Friday April 17. The decision follows a one-month consultation period which ended on April 4. The demand for GOES grew alongside the rapid expansion of industries such as power transmission, energy storage, artificial intelligence (AI) data centers, and electric vehicle (EV) […]

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.

Fastmarkets has corrected its price and rationale for MB-STE-0028 steel hot-rolled coil index domestic, exw Northern Europe and the assessments for MB-STE-0905 green steel base price HRC exw Northern Europe, daily inferred and MB-STE-0912 flat steel reduced carbon emissions, daily inferred, exw Northern Europe, which were published incorrectly on Wednesday April 1.