Fastmarkets is inviting feedback from the industry on the methodology for its audited steelmaking raw materials indices, as part of its announced annual methodology review process. The consultation, which is open until Friday March 27, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, […]

Fastmarkets invited feedback from the industry on the pricing methodology for its non-ferrous materials and industrial minerals prices, via an open consultation process between January 6 and February 6. This consultation was done as part of our published annual methodology review process.

For a brief moment, the mining sector allowed itself to consider a bold idea: Rio Tinto and Glencore in merger discussions.

The United States convened more than 50 countries in Washington this week for a critical minerals summit that delivered a flurry of new initiatives designed to reshape the geopolitics — and pricing mechanics — of minerals essential to semiconductors, electric vehicles and the defense supply chain.

Glencore’s share price fell sharply on Thursday February 5 after Rio Tinto confirmed it was no longer pursuing a potential merger, ending weeks of speculation about a combination that would have created one of the world’s largest mining companies.

Fastmarkets has deleted monthly averages for January PIX Indices that were published in error on the Fastmarkets Dashboard on Wednesday January 7. Individual indices published the same day were unaffected and remain valid.

Fastmarkets’ pricing database has been updated. The following prices were published with a delay of 1 day: MB-IRO-0018, Iron ore 61% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0019, Iron ore 65% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0020, Iron ore fines, % Si VIU, cfr Qingdao, $/dmtMB-IRO-0021, Iron ore fines, % Al2O3 VIU, […]

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.

Explore the challenges facing the global copper smelting industry in 2026, including supply-demand imbalances and market uncertainties.

Fastmarkets has corrected the MB-ALU-0002 Alumina index, fob Australia, $/tonne, which was published incorrectly on Wednesday December 17 due to a procedural lapse. Fastmarkets has also corrected the index's rationale and all related inferred indices.