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.

Fastmarkets has corrected the rationale for its price indices for MB-IRO-0191 61% Fe fines, cfr Qingdao, and for MB-IRO-0008 62% Fe fines, cfr Qingdao, which was published incorrectly on Tuesday June 2.

Prices for recycled fiber-based containerboard in the GCC region were mostly up in May amid mixed market demand.

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.

The publication of Fastmarkets’ price assessments of poultry by-product pet food, poultry by-product feed grade as well as chicken meal for Tuesday June 2 was delayed due to a reporter error and technical issues.

USMCA-driven localization is strengthening automotive supply chains, improving resilience and reducing certain cost risks. But as production spans multiple stages across the US–Mexico corridor, OEMs need clearer visibility into how costs build across regions to maintain margin control.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our June survey.

Under the change, Fastmarkets will update the normalization coefficient for its Iron ore 61% Fe fines, cfr Qingdao and Iron ore 62% Fe fines, cfr Qingdao indices on a daily basis, from Tuesday. This allows the coefficient to better reflect daily price movements. The normalization coefficient was previously updated on a monthly basis. The decision […]

A widening gap between rising Indonesian containerboard prices and weak packaging demand is creating market uncertainty, fueled by global conflicts and supply chain disruptions.

The assessment, which currently follows the UK holiday calendar, will follow the Singapore holiday calendar after the proposed change. There will be no change to the publication timing, and the assessment will continue to be published weekly on Wednesdays, at 7pm Singapore time. The purpose of the adjustment is to align the timing to the […]