It was already getting more difficult to source nickel qualified as compliant to the Inflation Reduction Act (IRA). Under a future Donald Trump administration, it’s likely to get harder still, in the short-term at least.

India should invest to avoid its dependance on imports for almost 100% of its cobalt, lithium and nickel requirements, according to a report by the think tank Institute for Energy Economics and Financial Analysis (IEEFA). But slow government action and a focus on short-term costs keep India reliant on imported critical minerals, sources told Fastmarkets.

Steelmakers that lag behind in decarbonization will be first to be phased out after green steel capacity rises to meet future demand, a senior advisor from a major Chinese steel company told delegates at the China Steel Industry Summit for 2025.

Fastmarkets proposes to launch Mexico domestic CRB and import SBS boxboard from the US assessments. Fastmarkets proposes to launch two price assessments for (1) Cartonboard/Boxboard, coated recycled folding boxboard, domestic CRB kraft/grey back, 320-325 g/m2 or 16-pt, delivered, Mexico, Peso/tonne and (2) for Cartonboard/Boxboard, US export solid bleached sulfate board (SBS) 16-pt folding carton, C1S, fob, […]

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.