New steelmakers in Southeast Asia are embracing hydrogen-based DRI, electric arc furnaces and renewable energy to advance green steel production and counter oversupply pressures, reshaping both market competition and raw material demand.

The rationale for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao index on Friday August 8 had erroneously omitted the judgment for carry-over step. The rationale entry has been corrected as follows: Fastmarkets’ index for iron ore 65% Fe Brazil-origin fines, CFR Qingdao fell by $0.08 per tonne from the previous day. The price movement was […]

This reflects changing market dynamics with a preference from market participants for more visibility on a price for Laos-origin material while noting liquidity decline on an FOB Southern Turkey basis. The proposed price specifications will be as follows: Barite, drilling grade, unground lump, API, bulk, SG 4.10 fob Vietnam, $ per tonneQuality: API grade, SG 4.10 […]

The following prices were affected: CB-CC-0001 REDD+ Latin America, $/tCO2eCB-CC-0002 REDD+ v19 differential, Latin America, $/tCO2eCB-CC-0003 REDD+ v20 differential, Latin America, $/tCO2eCB-CC-0004 REDD+ v21 differential, Latin America, $/tCO2eCB-CC-0005 REDD+, Sub-Saharan Africa, $/tCO2eCB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0008 REDD+ v21 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0009 REDD+, Southeast Asia, $/tCO2eCB-CC-0010 REDD+ v19 differential, Southeast Asia, $/tCO2eCB-CC-0011 REDD+ v20 differential, Southeast Asia, $/tCO2eCB-CC-0012 REDD+ […]

To increase the transparency of our methodology, Fastmarkets clarifies that qualities of these two battery-grade lithium hydroxide assessments are both coarse. You can find the updated methodology for lithium hydroxide here: https://www.fastmarkets.com/uploads/2025/05/fm-mb-lithium.pdf To provide feedback on this clarification for the battery-grade lithium hydroxide methodology please contact Zihao Li by email at: pricing@fastmarkets.com. Please add the […]

Following a recent proposal to amend the specifications of the MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao index – specifically, the increase in the silica base specification from 2.2% to 2.7% – Fastmarkets will introduce the high-grade iron ore, 0.5% Si VIU, cfr Qingdao index. This new index is designed to support the market’s transition and provide […]

Fastmarkets launched two new price assessments for Indonesia’s domestic trade in nickel ore on Tuesday July 15. The two price assessments are for domestic trades of Indonesian laterite ores with 1.6% and 1.2% nickel content. Indonesia now accounts for 60% of the global nickel supplies and while there is an official government reference price, known […]

The purpose of this review is to ensure that the index continues to accurately reflect prevailing market conditions. We welcome feedback from industry participants on potential amendments to the base specification. This consultation, which is open until August 9, 2025 seeks to ensure that our methodologies continue to reflect the physical market under indexation, in […]

Fastmarkets has launched MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonne on July 9 due to an expected increase in Indonesia-origin aluminium exports. MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonneQuality: P1020A or 99.7 % Minimum Al purity (Si 0.10% max, Fe 0.20% max) in line with LME specifications. Ingot, T-bar, sowQuantity: Min 500 tonnesLocation: FOB IndonesiaTiming: […]

Fastmarkets has corrected its daily AG-PLM-0012 refined bleached deodorised (RBD) palm olein, fob Indonesia price assessment, which was published incorrectly on July 7 due to an input error.