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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
Delay to base metal rand fixing prices
A second pricing notice will follow when the pricing database has been updated. The following prices have been affected by this:MB-AL-0256 Aluminium fixing price for LME trade, rand/tonne MB-CU-0338 Copper fixing price for LME trade, rand/tonne MB-PB-0064 Lead fixing price for LME trade, rand/tonne MB-NI-0093 Nickel fixing price for LME trade, rand/tonne MB-SN-0005 Tin rand fixing price for LME trade, […]
March 13, 2025
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Insights
Tariff uncertainty stuns US aluminium spot market
The US aluminium market faces growing instability as ongoing tariff adjustments take a toll on cross-border trade with Canada. This article examines how uncertain policies are driving pricing risks, creating volatility in premiums, and forcing industry players to pause transactions.
March 13, 2025
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By Yasemin Esmen
Insights
How Section 232 steel tariffs are reshaping the US supply chain and manufacturing industry
The expansion of Section 232 steel tariffs is creating ripples across the US supply chain, affecting industries far and wide. From the escalating cost of raw materials to shifts in demand and production strategies, businesses are adjusting to the new realities of a tariff-driven market.
March 13, 2025
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By Dan Hilliard
Insights
US steel tariffs: What we know, what’s at stake, and why it matters
US steel tariffs have sparked strong reactions, reshaping global trade and leaving the steel market in flux. This article explores the key impacts of these tariffs on market trends, industry players, and trade policies. From policy goals to resulting uncertainties, gain insight into how these measures are influencing the future of steel and global markets.
March 13, 2025
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By the Fastmarkets team
Insights
Open consultation on annual methodology review for PIX Paper Price Indices
This consultation, which is open until April 10, 2025 seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]
March 13, 2025
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By Fastmarkets FOEX
Insights
Publication of Fastmarkets’ Steel scrap No1 busheling, delivered mill Chicago assessment on Wednesday March 12
This price is part of the Fastmarkets Scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
March 12, 2025
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By Amy Hinton
Insights
Open consultation on IOSCO-audited steel scrap price assessments, indices
The consultation, which is open until Monday April 14, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steel scrap, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications […]
March 12, 2025
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By Ross Yeo
Insights
Open consultation on IOSCO-audited secondary aluminium price assessments
The consultation, which is open until Monday April 14, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for secondary aluminium, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications […]
March 12, 2025
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By Ross Yeo
Insights
Changing biofuel policy spurs renewable diesel dumping allegations against US from Canada’s Tidewater
The Canada Border Services Agency (CBSA) announced on Thursday, March 6, that it is opening an investigation to determine if the US is unfairly subsidizing and dumping renewable diesel in Canada; changing US biofuel policy seems to be a contributing factor in this investigation. The Blender’s Tax Credit (BTC), which expired on December 31, provided […]
March 12, 2025
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By Robert Lane
Insights
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