Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Thursday June 5, 2025.

US and European wheat futures rose on Thursday May 29 amid technical buying while market participants shrugged off projections of robust crops in Russia, India and the EU.

The Chinese steel market is expected to remain reliant on export-led growth for the rest of 2025, amid poor domestic consumption and a lack of investor confidence in the property sector, delegates were told at the Singapore International Iron Ore Forum on Wednesday May 28.

Get insights into the European pulp & paper sector and how US tariff discussions could influence future trade agreements.

The following prices were published at 4:24pm London time, instead of by the scheduled time of 4pm London time: MB-IRO-0002 Pig iron export, fob main port Black Sea, CIS, $/tonneMB-IRO-0014 Pig iron import, cfr Italy, $/tonneMB-FE-0004 Hot-briquetted iron, cfr Italian ports, $/tonne These prices are a part of the Fastmarkets Steel Raw Materials Physical Prices package. For more […]

Fastmarkets’ Agriculture publishing schedule has been updated accordingly. You can find the publishing schedule here. For more information or to provide feedback on the publishing schedule update, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “Argentina Grains publishing schedule, 2025.” Please indicate if comments are confidential. Fastmarkets will consider all comments received […]

Due to the reduced liquidity in that market linked to the combination of seasonal demand patterns and the implementation of cross-border import tariffs between the US and China, Fastmarkets proposes to assess AG-SYB-0005 Soybean CFR China (US Gulf) $/mt and AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/bu based on its assessments for AG-SYB-0020 Soybean FOB US Gulf $/mt and AG-SYB-0021 Soybean FOB […]

Seaborne iron ore prices are on the rise due to increased trading activity and stable market fundamentals, highlighting steady demand and opportunities for growth while emphasizing the importance of monitoring market trends to manage risks effectively.

The recent doubling of Section 232 tariffs to 50%, announced by President Trump, has introduced significant uncertainty to the US steel market, with traders reporting disruptions to imports, paused domestic mill quotes and concerns over potential price increases amid modest demand. Industry participants are now assessing how the additional costs will be absorbed across the supply chain.

After a month-long consultation, Fastmarkets has amended the specification of its weekly steel slab, import, cif Italy, price assessment. To better reflect the material traded in the market, Fastmarkets has reduced the range of specified widths to 1,500-2,500 mm from 1,000-2,500 mm. The publication day of the assessment has also been changed from Friday to […]