Following a consultation period and market feedback, Fastmarkets will realign its consumer buying prices for No1 bundles and No1 busheling scrap in Detroit, effective from the August 2022 monthly settlement.

The publication of Fastmarkets' Shanghai minor metal price assessments for Friday July 29 were delayed due to an editor error in the peer review process.

Fastmarkets is proposing to launch a manganese sulfate 32% Mn min, battery grade, ex-works mainland China price assessment to track market dynamics of this new energy raw material

The publication of Fastmarkets’ Shanghai bonded copper stocks for Monday July 25 was delayed by one day due to a reporter error.

Fastmarkets is proposing to change the way it calculates its daily hot-rolled coil index, fob mill US, to align its methodology with other Fastmarkets indices

Fastmarkets proposes to discontinue its steel heavy plate, 8-50mm, export, fob Black Sea, CIS price assessment (MB-STE-0013) due to substantially reduced market activity.

Fastmarkets is increasing the frequency of its primary foundry alloy (PFA) silicon 7 ingot premiums in Europe from monthly to twice a month.

The Shanghai Futures Exchange copper price used in Fastmarkets’ base metals arbitrage calculation on Friday July 15 has been amended due to an unprecedented market change.

Fastmarkets advises that some monthly regional ferrous scrap markets have not settled for July. Fastmarkets typically settles these markets on or before the 10th of the month.

Following a consultation period and market feedback, Fastmarkets has realigned its consumer buying price for ferrous scrap turnings in Detroit, effective the July 2022 monthly settlement.