Fastmarkets invited feedback from the industry on the pricing methodology for iron ore indices, via an open consultation process between March 10 to April 7 2025.This consultation was done as part of our published annual methodology review process. A full list of all the prices covered can be found in the original consultation. Fastmarkets received feedback […]

Tariffs are creating a short-term period of volatility, but are not shifting conviction on the long-term fundamentals of the copper market, the chief executive officer of Rio Tinto Copper has said

Producers of copper appear to be adopting the public mantra of “keep calm and carry on” while trade tensions escalate. But this belies an underlying mood of concern that not just they, but the wider industry, has assumed

Extreme volatility in the stock market, and accompanying widespread concern about the broader economy distracted framing lumber traders all week. Constant shifts in news emanating from the White House about tariffs kept traders on edge. Many traders, particularly in Canada, spent much of the week at the Montreal Wood Convention. Buyers replenished cautiously and conservatively […]

Fastmarkets invited feedback from the industry on the pricing methodology for its European PIX Paper indices via an open consultation process between March 13 and April 10, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No […]

How tariffs, economic uncertainty and innovation are shaping the future of US copper production

Read special correspondent Andrea Hotter's coverage from CESCO Week 2025 and learn more about the growing demand for copper

The European pulp and paper (P&P) industry is struggling to assess the possible impact of tariffs. First, US President Donald Trump announced a 10% blanket tariff on all goods imported to the US. Additionally, he announced higher “reciprocal” tariffs with those he deemed worst offenders. This included a 20% tariff on EU goods. He later […]

Due to a procedural error, the latest prices for the US Northeast region was not incorporated into the comparative prices for the quarter. This impacted the calculations for the three markets below. FP-CHP-0036 Chips, Hardwood, delivered US Northeast, Comparative Regional Price, USD/GT, which was published incorrectly at $50 per gross ton. This has been corrected […]

The daily composite prices for these grades were incorrectly calculated without the settled Chicago assessments on April 9. The composite prices for No1 heavy melting scrap and No1 busheling are calculated using the average settled prices for Chicago, Philadelphia and Pittsburgh. The composite price for shredded auto scrap is calculated using the average settled prices […]