The death knell sounded on Monday May 20 for the quarterly European ferro-chrome benchmark, bringing with it the end of a long-running, divisive, often disputed, yet highly influential and important pricing mechanism

Fastmarkets confirms the amendment of five of its steel products assessments and steel billet index originated from the Black Sea.

Read more about how Fastmarkets will provide much-needed price assessments for green steel

The US steel industry’s preponderance of electric-arc furnace (EAF) capacity may be a double-edged sword when it comes to collecting green steel premiums, market sources have told Fastmarkets

Fastmarkets proposes to amend the payment terms and quantities of three hot- and cold-rolled coil import price assessments for the United Arab Emirates and Saudi Arabia.

Key talking points from the meeting of steel distributors’ association Eurometal, held in Zurich, Switzerland, on Thursday May 16

Collecting a premium for green flat-rolled steel in the US will be a long, bottom-up process for an industry already regarded as one of the world’s cleanest, market sources recently told Fastmarkets

Fastmarkets invited feedback from the industry on the pricing methodology for its steel hot-rolled coil index, domestic, exw Northern Europe, € per tonne (MB-STE-0028) and steel hot-rolled coil index, fob mill US Midwest, $ per cwt (MB-STE-0184), via an open consultation process between March 26 and April 29, 2024.

Main Brazilian steel producers halted production and operations in distribution centers in the country's Rio Grande do Sul state due to local floods, but potential losses remain uncertain since the situation has not yet been resolved, the companies told Fastmarkets in written statements this week

Here are the four key takeaways from the US scrap market participants in our May survey