Fastmarkets’ decision follows a one-month consultation to discontinue its China domestic wire rod price because of small transaction volumes and because it is not a major price benchmark or key reference. The consultation received no feedback. The affected price is:MB-STE-0164 Steel wire rod (mesh quality) domestic, ex-whs Eastern China, yuan/tonneFastmarkets will keep its weekly price […]

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Fastmarkets has corrected its assessment of AG-SYB-0066 Soymeal, Hi Pro, fob Central Illinois, $/tonne, which was published incorrectly on December 18, 2024.

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This adjustment aims to better align the publication with the operational hours of the Chinese market, ensuring domestic market participants have timely access to the prices. Additionally, because the Chinese lithium assessments reflect activity within the local market, this amendment is intended to provide a more efficient and market-relevant pricing for subscribers. The new specifications […]

Fastmarkets proposes to discontinue its MB-PB-0097 lead 99.97% ingot warrant premium, in-whs US price assessment.

After a 2024 marked by calls for trade defense measures against “predatory and unfair” imports, the Latin American steel sector should see a rise in such measures in 2025, industry experts told Fastmarkets.