Fastmarkets advises that, as of Monday November 11, certain monthly North American ferrous scrap assessments are yet to settle.

Fastmarkets invited feedback from the industry on the pricing methodology for several vegoils and meals prices via an open consultation process between October 3 and October 31, 2024. This consultation was done as part of our published annual methodology review process.

The publication of Fastmarkets’ Turkey steel scrap indices for Monday November 11 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

Read a snippet of our weekly lumber report, analyzing how the US election and interest rate cuts have impacted prices.

On Friday November 8, 2024, Fastmarkets published MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton.

Fastmarkets advises that, as of Friday November 8, certain monthly North American ferrous scrap assessments had yet to be settled.

Learn how changes in trade, housing and immigration policies could impact the US pallet market.

Aluminium market participants in the US anticipate stable business supported by continued tariffs and potential interest rate cuts, while industry sources in Europe and Latin America are watchful of potential new trade restrictions.

Donald Trump’s second term as US president is not likely to have too much of an impact on China’s electric vehicle (EV) and new energy markets, despite broader concerns over potential tariff hikes which might bring challenges to both China and the US, sources told Fastmarkets on Thursday November 7.

Discover how the recycled fiber-based containerboard market in the GCC maintained stability amidst fluctuating costs and rising global interest.