Market participants seem to have abandoned expectations of a “Golden March and Silver April” in China’s ferrous market due to a slow restart of construction, as well as maintenance of steelmaking facilities planned for March, sources told Fastmarkets

Fastmarkets has adjusted its assessments for the stainless steel scrap 430 bundles, solids, consumer buying price, delivered mill Pittsburgh and the stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh, effective Monday February 12.

Fastmarkets’ proposal follows initial feedback from market participants who are interested in seeing regional price references for lithium in the US and Canada that reflect the evolving battery supply chain in the region, and new market dynamics arising from the US’ enactment of the Inflation Reduction Act (IRA) legislation. The landmark IRA legislation, which was […]

Fastmarkets has amended the formula for its MB-AL-0231 — aluminum P1020A all-in price, delivered Midwest US, US cents/lb to include the London Metal Exchange official cash AM bid aluminium price effective immediately.

Amid record volumes of imports, the Brazilian paper industry has joined steelmakers in requesting up to 25% import tariffs for certain products, which has worried importers and end users. In the wake of the Brazilian steel sector’s pleas in 2023, the Brazilian Tree Industry Association (Ibá) requested on January 16 that the government increase import duties […]

China Northern Rare Earth Group High Tech Co expects its net profit for 2023 to have decreased by 53.97-61%, the company announced on Monday January 29

Now that we are moving into 2024, it’s a good time to take a look at what to expect over the next 12 months. In this market outlook, we’ll dive deep into the global macroeconomic landscape and its impact on shifting consumer behaviors and its impact on economies worldwide. The global macroeconomic keyword for 2024 […]

Read more about how our new price is catering to growing demand for sustainable steel production

Fastmarkets will, on Monday January 22, launch a daily price index for the spot premium differential between 67.5% Fe magnetite and hematite iron ore pellet feed above the 65% Fe Fines index.

The publication of Fastmarkets’ ilmenite, rutile and zircon price assessments for Thursday January 4 were delayed until Wednesday January 10 due to a reporter error. Fastmarkets’ pricing database has been updated.