Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Monday February 9, 2026.

Fastmarkets selects the frequency of publication of a market assessment after considering the number of data points (deals, bids, offers, deals heard and assessments) that it can reasonably expect to collect on a consistent basis over the selected period to support the price assessment process. This proposal follows preliminary discussions with the market as well […]

An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]

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.

The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.

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.

The US laid out its strongest push yet to reshape global critical minerals supply chains at the inaugural Critical Mineral Ministerial in Washington on Wednesday February 4, where senior officials detailed plans for an allied trade bloc built on reference prices and enforceable price floors – a potential turning point for small, strategically important markets such as tungsten.

A new US initiative to establish a stockpile of critical minerals for the civilian economy could add pressure to already stretched supply, market participants told Fastmarkets on Tuesday February 3 and Wednesday February 4.

In 2026, the North American wood products industry enters a year of cautious stabilization.

Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.