European automotive procurement faces growing complexity due to regional cost volatility and policy-driven supply chains reshaping material pricing and sourcing strategies. This demands granular, region-specific market intelligence for precise cost modeling and strategic decision-making.

The Strait of Hormuz, through which roughly 20% of global oil and liquefied natural gas (LNG) flows, has been closed for three months since US-Israeli strikes on Iran began on February 28, driving up energy costs and putting Europe's aluminium sector under pressure.

Fastmarkets has deleted the assessments on May 22 of the aluminium primary foundry alloy silicon 7 ingot premiums, ddp Germany and ddp Eastern Europe, that were published in error due to a procedural lapse.

Fastmarkets has launched a new weekly price assessment for tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan $ per kg on Friday May 29.

Tissue jumbo roll prices continued their upward trend in Europe during May, driven by rising input costs. Virgin fiber-based rolls increased by €20-30 per tonne, with similar hikes seen for recycled grades.

Fastmarkets has decided to discontinue its Europe Northwest rapemeal, Ukraine Danube sunoil, corn handy and corn handy premium price assessments.

Fastmarkets has launched four monthly price assessments for tissue jumbo rolls delivered to Europe on Thursday May 28.

Fastmarkets will launch a new weekly price assessment for tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan $ per kg on Friday May 29.

Fastmarkets is proposing a delayed launch of new price series for its benchmark European PIX gross pulp prices and North American effective list pulp prices to March 2027, and a simplified conversion formula, based on market feedback.

As CBAM and the EU ETS reshape cost structures across Europe’s automotive supply chains, OEMs are under growing pressure to protect margins while navigating opaque carbon pass-through.