Fastmarkets advises that, as of Monday November 11, certain monthly North American ferrous scrap assessments are yet to settle.

Fastmarkets invited feedback from the industry on the pricing methodology for several vegoils and meals prices via an open consultation process between October 3 and October 31, 2024. This consultation was done as part of our published annual methodology review process.

Read a snippet of our weekly lumber report, analyzing how the US election and interest rate cuts have impacted prices.

Access a snippet of Fastmarkets PPI Europe, our weekly deep dive into the European paper, packaging and fiber markets.

On Friday November 8, 2024, Fastmarkets published MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton.

Fastmarkets advises that, as of Friday November 8, certain monthly North American ferrous scrap assessments had yet to be settled.

On Friday November 8, 2024, Fastmarkets published MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton.

Ahead of COP29, the UN Secretary-General's Panel on Critical Energy Transition Minerals (CETM) recommended a global traceability system, which experts told Fastmarkets will need to overcome challenges around data security, enforceability and stakeholder buy-in to be successful.

Aluminium market participants in the US anticipate stable business supported by continued tariffs and potential interest rate cuts, while industry sources in Europe and Latin America are watchful of potential new trade restrictions.

Donald Trump’s second term as US president is not likely to have too much of an impact on China’s electric vehicle (EV) and new energy markets, despite broader concerns over potential tariff hikes which might bring challenges to both China and the US, sources told Fastmarkets on Thursday November 7.