Due to “a lapse in federal funding,” US Census Bureau trade data will not be updated until after the government shutdown is resolved, the US Census Bureau website said on Tuesday October 7. Fastmarkets typically publishes ferrous, non-ferrous scrap and raw material data after it is released, within the first 10 days of each calendar […]

The publication of Fastmarkets’ steel slab import, cfr Southeast Asia/East Asia, assessment for Monday October 6 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following assessment was published late: MB-STE-0140, steel slab import, cfr Southeast Asia/East Asia, $/tonne [LINK] This price are a part of the Fastmarkets steel package. […]

Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

Fastmarkets proposes to include additional EU Carbon Border Adjustment Mechanism (CBAM) costs in its benchmark aluminium P1020A premium fca dp premium assessments for Italy (MB-AL-0316), and Spain (MB-AL-0319) from January 1, 2026, when the definitive period of the EU’s CBAM is set to begin. The MB-AL-0316 aluminium P1020A premium fca dp Italy and MB-AL-0319 aluminium P1020A premium fca dp […]

After an extended consultation, which closed on Friday September 27, Fastmarkets has amended the base Fe specification and changed the names of its iron ore 62% Fe fines, fot Qingdao indices, changing the names to “iron ore 61% Fe”. The new specifications would be as follows, with amendments in italics: MB-IRO-0011 Iron ore 61% Fe fines, fot […]

Fastmarkets has corrected the rationale for its MB-CU-0287 copper concentrates TC index, cif Asia Pacific, which was published incorrectly on Friday September 26 due to an error in the approval process. The rationale for MB-CU-0287 copper concentrates TC index, cif Asia Pacific, had erroneously stated that a bid had been reported in negative territory at around the […]

The price and laycan of a fixed-price Pilbara Blend fines transaction concluded on a public platform were erroneously recorded in the trade log in these indices’ rationale. The trade log entry has been corrected as follows:Rio Tinto, Beijing Iron Trading Center (COREX), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $103.70 per tonne, […]

Fastmarkets will launch a price assessment for MB-BAR-0021 Barite, drilling grade, unground lump, bulk, SG 4.30 fob Vietnam on Thursday September 25 and has discontinued its MB-BAR-0004 Barite, API, 1.5t big bags, ground, fob Southern Turkey price assessment. The final assessment of MB-BAR-0004 took place on August 28 and all short-term forecasts associated with the […]

Given the prevailing specifications of mid-grade iron ore fines and mid-grade Australia lump in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore lump over the spot price of 61% Fe iron ore fines in the CFR Qingdao spot market, aligning with […]

The publication of Fastmarkets’ MB-ILM-0004 ilmenite concentrate, 47-49% TiO2, cif China, MB-RUT-0001 rutile 95% TiO2 min, large volumes for pigment, fob Australia, and MB-RUT-0002 rutile 95% TiO2 min, bagged, fob Australia, price assessments for September 11 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following prices were affected: MB-ILM-0004 ilmenite […]