Nigeria has finalized its long-awaited Carbon Market Activation Policy, positioning itself to unlock as much as $2.5 billion in high-integrity carbon credit investments by 2030, President Bola Ahmed Tinubu announced on Wednesday April 23.

Fastmarkets launches a soap stock acid oil (SSAO) price assessment in Europe’s biggest trading hub – Amsterdam, Rotterdam, Antwerp (ARA), aiming to increase transparency in the biofuel feedstocks market, particularly in the niche advanced feedstocks category.

In order to better reflect the material traded in the market, Fastmarkets proposes to reduce the range of specified widths to 1,500-2,500mm from 1,000-2,500mm. The publication day of the assessment will also be changed from Friday to Thursday. The proposed new specifications are listed below, with the suggested amendments in italics: MB-STE-0896 Steel slab import, cfr […]

Sentiment in the voluntary carbon market remained cautious in the week to Wednesday April 9, with limited trading and rising regulatory uncertainty. Improved Forest Management (IFM) credits drew limited interest as market participants weighed macroeconomic headwinds and shifting US policy signals.

Due to the Labor Day public holiday in Turkey on Thursday May 1, these prices will be published instead on May 2, in accordance with Fastmarkets’ policy. This change was not initially noted on Fastmarkets’ 2025 pricing schedule. The pricing schedule has now been updated. The affected prices are: MB-STE-0119 steel reinforcing bar (rebar), export, fob […]

Trump’s first 100 days in his second term have reignited debates over the impact of tariffs on the US steel industry. While the administration claims tariffs protect American jobs and boost the economy, experts point to rising costs and uncertainties affecting businesses. From higher steel prices to strained trade relations, the effects are already being felt, leaving many questioning the future of US steel and related markets.

Fastmarkets is inviting feedback from the industry on pricing methodologies for Random Lengths and Random Lengths International as part of its annual methodology review process.

The lower end of the range was originally incorrectly published due to a procedure lapse. The price was originally published at $28-32 per lb. The bismuth 99.99% Bi min, in-whs Rotterdam assessment has since been corrected to $25-32 per lb. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets […]

China's shipbuilding sector remains strong despite proposed US tariffs, leading the industry for the 15th consecutive year in 2024 with 55.7% of global completions and 74.1% of new orders. Chinese shipyards benefit from low labor costs, efficient supply chains and competitive steel prices, offering vessels at significantly lower costs than US equivalents. High demand for materials and next-gen vessels further reinforces China's dominance in global shipbuilding.

As previously communicated, the decision to discontinue these assessments reflects changes in the printing market in the region. The last assessments for the LWC and SC rotogravure grades were published on April 3, 2025, reflecting March prices. The affected prices are: FP-GP-0055 SC rotogravure reels 56-g, Spain, €/tonneFP-GP-0057 LWC rotogravure reels 60-g, Spain, €/tonne To provide feedback on […]